THE ROLE OF AUDITORS IN BANK FAILURE IN NIGERIAN BANKS
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The main focus of this study is to examine the role of auditors in bank failure in Nigeria Banks.The study adopted a survey research design and conveniently enrolled 80 participants in the study who are depositors in selected banks in Benin Metropolis. Well structure questionnaire which provided answer to the research questions was issued to the participant. A total of 77 responses were received and validated for the study. Hypothesis was tested using Chi-Square statistical tool (SPSS). Findings from the study revealed that auditors have play little and insignificant role in checking the abuse of powers of managers and ensuring efficient reporting. And due to the quest of maintaining client relationship they have collaborated with bank managers involved in unethical practices thus leading to crisis and bank failures. The researcher therefofre recommends that uditors should adhere strictly to the true and fair view principle so as to give a vivid, truthful, clear and understandable report to their organizations since the risk management and decision making of the organization solely depends on them. More so, The Central Bank of Nigeria, the Nigerian Deposit Insurance Corporation and other regulators should therefore establish their own dedicated teams of auditors to conduct continuous audits of all the major financial institutions.
Related Project Materials
EVALUATION OF SOME CHEMICAL CONSTITUENTS OF SELECTED ENERGY DRINKS
Abstract
This research work examined and compares the physicochemical properties and some chemical cons...
DOMESTIC VIOLENCE AND IT EFFECT ON NATIONAL SECURITY
Abstract
Domestic violence and it effect on national security which is any act of gender-based violence that results in...
THE INFLUENCE OF LEADERSHIP STYLES ON PROJECT TEAM PERFORMANCE
Abstract: This study examines the influence of leadership styles on project team performance, aiming to: 1)...
THE IMPACT OF COOPERATIVE SOCIETY IN EMPOWERING GRASSROOT DEVELOPMENT
ABSTRACT
This report is based on “the Impact of Cooperative Society in empowering grassroot devel...
THE IMPACT OF BLOCKCHAIN FOR ENHANCING TRANSPARENCY IN VOCATIONAL CREDENTIALS
ABSTRACT: The impact of blockchain for enhancing transparency in vocational credentials is transformative, offering secure and verifiable reco...
INVESTIGATING THE EFFECTS OF EARLY CHILDHOOD EDUCATION ON CULTURAL HERITAGE PRESERVATION
ABSTRACT: Investigating the effects of early childhood education on cultur...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN CONFLICT RESOLUTION
ABSTRACT: This study examined the role of early childhood education in conflict resolution among young children. Objectives included assessing...
IMPACT OF EMERGING TECHNOLOGY IN THE EDUCATIONAL SECTOR OF NIGERIA
ABSTRACT
The study focused attention on the impact of emerging technology in the educational system. Major emerging tech...
SOURCES OF FINANCING BUSINESS ENTERPRISE IN NIGERIA IN SMEDAN (SMALL AND MEDIUM ENTERPRISE DEVELOPMENT AGENCY OF NIGERIA) LAGOS ZONAL OFFICE
ABSTRACT
This study examines SME financing in Lagos, Nigeria, with a specific focus on the perspectives...
IMPACT OF PLANNING ON ORGANIZATIONAL PERFORMANCE OF A MANUFACTURING COMPANY
Abstract
Effective planning is crucial to management of business enterprise, because it begins with the determinat...
