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THE ROLE OF AUDITORS IN PREVENTION OF FRAUD IN BANKING INDUSTRY

Amount: ₦5,000.00 |

Format: Ms Word |

1-5 chapters |



ABSTRACT

Chapter one contains the introduction and analysis of fraud. So many people define fraud in a different way because of its explicit meaning. It also concentrates on the limitation, objectives, and importance of auditing in our banking industry.  While chapter two deals with the definition of Auditors and their duties in the banking industry. It also discussed various types, causes, effects of frauds in banks as well as the role of Auditors to hip it in the bud.  The paper equally looked into the means of preventing or reducing the incidence of fraud in the banking industry or operation. From the analysis, it was established that there is incidence of fraud in our banks. It was equally discovered that fraud occurs more frequently in the current account department than in any other departments and this is normally done through forged cheques. It was also discovered that bank frauds can hardly succeed without the aid of bank staff.  Finally, it was discovered that frauds have effects in operation and progress of the frauds has effects in operation and progress of the banks despite the control technique that has been instituted by the management of the bank.

 



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THE ROLE OF AUDITORS IN PREVENTION OF FRAUD IN BANKING INDUSTRY

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