AN ANALYSIS OF CORPORATE FRAUD DETECTION AND PREVENTION IN NIGERIA FIRMS: A STUDYOF SELECTED FIRMS.
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- 1-5 Chapters
- Abstract : Available
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- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This research work was undertaken to asses the corporate fraud prevention and detection in Nigeria firms a case study of selected firms. The work was intended to achieve the following objectives to identify some of this effect, causes and examine the factors that induce staff to commit fraud. Also to recommend control measures, strategies and preventive techniques that can be used against fraud. The data relevant to this research work was collected from publications constituting the sources of secondary data. A field study method of research was employed as to collect data used in the validation and negation of the research questions. The population study was estimated at one thousand five hundred and ninety; sample size and techniques are forty questionnaires which were administered to four study locations. Two hypotheses were tested using the chi-square method and percentages were used for validating formulated research question. We discovered among other things that most firms fraudulent practices caused by weak board and ineffective management was due to defective prevention techniques. We recommend among other things that every company should train an internal auditor on forensic auditing to check the activities of fraudsters while investigating the causes and other ways this problem could be minimized.
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