ABSTRACT
Human beings are often said to be the most difficult animal God created because it would always desire for something or conditions better than the one it find itself. The notion has proven itself to be true giving the incessant cases of financial frauds that have littered the history of human race.
Funny enough, fraud and other financial irregularities are on the increase in the banking institutions where money are supposed to be keep safe and free from harms and troubles.
This research work is therefore determined to access the impact of auditing fraud detection and control in the banking sector of Nigeria. In the cause of analysis and data presentation First bank Plc. Shall be used for better presentations.
From the study, such factors like poor staffing, poor remuneration, and weak internal control among other factors contributed immensely to the incidence of fraud in banks. The study revealed that the most effective way of preventing fraud in banks is through an effective in-built control mechanism. This internal control mechanism is designed in such a way to designate responsibilities so that a staff’s activities are checked by another which is in turn checked by a higher officer. This calls for a strong and independent inspection and audit department in every bank comprising of staff with impeccable integrity.
This study applied necessary data collection techniques such as questionnaires.
TABLE OF CONTENTS
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT
LIST OF TABLE
TABLE OF CONTENTS
CHAPTER ONE
INTRODUCTION
1.1BACK OF THE STUDY
1.2STATEMENT OF PROBLEMS
1.3OBJECTIVES OF THE STUDY
1.4SCOPE OF THE STUDY
1.5RESEARCH QUESTIONS
1.6SIGNIFICANCE OF THE STUDY
1.7DEFINITION OF TERMS
CHAPTER TWO
2.0LITERATURE REVIEW
2.1THE CAUSES OF FRAUD IN BANKING SECTOR
2.2THE EFFECT OF FREQUENT FRAUD OCCURRENCE IN THE BANKING INDUSTRY
2.3THE RELATIONSHIP BETWEEN BANKING PRACTICES AND FRAUD PERPETRATION
2.4THE IMPACT OF BANKS AND GOVERNMENT’S EFFORT ON FRAUD ELIMINATION
2.5DEFINITION OF FRAUD
CHAPTER THREE
RESEARCH METHODOLOGY
3.1RESEARCH DESIGN
3.2AREA OF STUDY
3.3POPULATION OF STUDY
3.4SAMPLE AND SAMPLING PROCEDURE
3.5INSTRUMENT FOR DATA COLLECTION
3.6RELIABILITY OF THE RESEARCH INSTRUMENT
3.7VALIDITY OF THE RESEARCH INSTRUMENT
3.8METHOD OF ADMINISTRATION OF THE RESEARCH INSTRUMENT
3.9METHOD OF DATA ANALYSIS
CHAPTER FOUR
4.0DATA PRESENTATION AND RESULTS
4.1RESEARCH QUESTION NO.1
4.2RESEARCH QUESTION NO.2
4.3RESEARCH QUESTION NO.3
4.4RESEARCH QUESTION NO.4
4.5RESEARCH QUESTION NO.5
4.6RESEARCH QUESTION NO.6
4.7RESEARCH QUESTION NO.7
4.8RESEARCH QUESTION NO.8
4.9RESEARCH QUESTION NO.9
4.10RESEARCH QUESTION NO.10
4.11RESEARCH QUESTION NO.11
CHAPTER FIVE
DISCUSSION
5.1DISCUSSION OF RESULTS
5.2CONCLUSIONS
5.3IMPLICATIONS OF THE RESULTS
5.4RECOMMENDATIONS
5.5SUGGESTIONS FOR FURTHER RESEARCH
5.6LIMITATION OF THE STUDY
REFERENCE
APPENDICES