- The Complete Research Material is averagely 52 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
It has been said that the traditional role of financial account was to give account of the stewardship to the owner of business who was divorced from management of business.
There is always the tendency for the owners to debt the content of the report presented to them. They fear that the report may contain errors, conceal fraud, deliberately misleading or lack in the information content.
To solve this problem of credibility in reports and accounts there is always the need to appoint an independent person to investigate the report on his findings.
Therefore, auditing can be defined as the independent examination of the books of account of individual organization etc with a view to conforming or refusing the assertion in the report. It is for the purpose that the professional bodies such as (ICAN) companies and Allied matters Decree 1990, stipulates the mode of appointment of auditors (sec. 357) (1) of 1990. And the qualification of auditors is to ensure a true and fair view of their report on financial matter to ensure that the financial position portray true and fair views, the auditor will enquire whether the institution is well ruled, in particular way.
The aim of the management audit is therefore to inquire into and report on how well the institution has fallowed the view of its member and carried them out completely. It is quite surprising, that irrespective of all the stipulated roles of statutory auditors, in controlling of fraud in government institution jet, misappropriations in government owned institution to extend that some of the establishment are put into bankruptcy.
The problematic question government of this structure and procedure in which the researcher would attempt to give some answer are:
1. Does the statutory auditor in the state audit person their actual responsibility as stipulated.
2. Flow efficient is then in making sure that fraud is put to an end mostly in government institutions.
The basic responsibilities of an auditor under companies and allied matters act (CAMD) of 1990 are to make report to the members on the financial statement audited.
The report should state whether:
1. Proper books of account have been kept proper returns adequate for the purpose of audit have been received from branches not visited by the auditor.
2. Whether financial statement agree with the accounting records and returns.
The aim of this research project is to verify, enlightens and analyze express by the statutory auditor with respect to fraud. However, the auditor should recognize the possibilities of material misstatement or irregularities of fraud, which state of affairs shown by the financial statement.
The auditor should also see that errors, which could distort the trueness and fairness of the financial statement, are corrected. Therefore, a statutory auditor is said to a watchdog and not a blood hand.
Finally, the basic fraud on the management who may often obtain researcher assurance that the duties will be discharged by establishing an adequate system of internal control.
1.2 STATEMENT OF PROBLEM
The statement of the problem is as follows:
1. Inadequate finance
2. Inadequate base for auditing
3. Lack of trust
4. Inadequate cooperation.
1.3 OBJECTIVE OF THE STUDY
The objectives of the researcher among other things are the following:
1. To ascertain the impact of fraud control in government owned institution and the economy.
2. To ascertain the level of help, which the auditor derives from the government.
3. To determine the constant hindering of fraud control in government owned institutions.
4. To identify the benefits, which the economy will enjoy from the control of frauds in government owned institutions.
1.4 SIGNIFICANCE OF THE STUDY
This will enlighten and encourage my fellow students in banking to take the study more serious and our knowledge to the extent that the impact of auditors and their roles.
It will also help us to appreciate the reason for the studying auditing as course and to understand the course to the end. To the society at large, the significance is to expose to the public how important auditors are to the society, their integrity and the abilityof the auditors to give professional advice.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BANKING FINANCE FINAL YEAR PROJECT RESEARCH TOPICS
-
1. LIQUIDITY MANAGEMENT IN THE NIGERIAN BANKING SECTOR (A CASE STUDY OF FIRST BANK OF NIGERIA PLC, ENUGU MAIN BRANCH AND ZENITH BANK PLC, OKPARA AVENUE ,...
» ABSTRACTBanking business is a very risky business. The operation of banks include; the mobilization of deposit and the extension of credit. A bank can...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
2. IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE FINANCIAL PERFORMANCE OF SELECTED DEPOSIT MONEY BANKS IN NIGERIA
» Chapter One 1.1 Background of Study1.2 Statement of the Problem1.3 Objectives of the Study1.4 Hypothesis Statement1.5 Significance of the Study1.6 Sco...Continue Reading »Item Type & Format: Project Material - Ms Word | 57 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
3. APPLICATION OF MARKETING CONCEPT IN GT BANK AND ITS EFFECTIVENESS IN CONSUMER SATISFACTION
» CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY Marketing concept is a customer oriented philosophy which states that customer’s satisfacti...Continue Reading »Item Type & Format: Project Material - Ms Word | 65 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
4. AN ASSESSMENT OF THE IMPACT OF MICROFINANCE ON TECHNICAL EFFICIENCY OF SOME COMMERCIAL CROPS IN NIGER STATE, NIGERIA
» ABSTRACT The study was designed to carry out an assessment of the impact of microfinance on technical efficiency of some commercial crops in Niger Sta...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
5. AN EMPIRICAL STUDY OF THE ROLE OF COMMERCIAL BANKS IN SMALL SCALE ENTREPRENEURIAL DEVELOPMENT IN ENUGU STATE (CASE STUDY OF UBA AND UNION BANK OF NIG...
» ABSTRACT The subject matter of this research work is to evaluate the extent to which Small Scale entrepreneurs in Enugu have been able to obtain loans...Continue Reading »Item Type & Format: Project Material - Ms Word | 77 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
6. A STUDY ON THE IMPACT OF BUDGETARY CONTROLS ON THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIDELITY BANK PLC)
» CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY AND PROFILE OF THE ORGANIZATION Following the uncertainties prevailing in the Nigerian business ...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
7. EFFECT OF ELECTRONIC PAYMENT SYSTEM ON BANKS CUSTOMERS’ SATISFACTION IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study The background of electronic payments can be traced back to the 1870’s when Western Union (...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
8. PERCEPTION OF BANK CUSTOMERS ON CBN'S CASHLESS POLICY IN NIGERIA
» Abstract The study was carried out on perception of bank customers on CBN's cashless policy in Nigeria. The Central Bank of Nigeria (CBN) has been act...Continue Reading »Item Type & Format: Project Material - Ms Word | 65 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
9. PROSPECTS AND CHALLENGES OF TREASURY SINGLE ACCOUNT IN A DEVELOPING ECONOMY
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Treasury Single Account is a public accounting system under which all government revenue, receipt...Continue Reading »Item Type & Format: Project Material - Ms Word | 56 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
10. CAPITAL STRUCTURE IMPACT ON THE PERFORMANCE OF BANKING INDUSTRY IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background of the study The theory of capital structure is an important reference theory in enterprise’s financing ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT