Download Tag: TOOL FOR FRAUD CONTROL


Assessment of value for money audit as a tool for fraud control in the public sector (A case study of ministry of finance)

CHAPTER ONE INTRODUCTION Background of the study Every sector of the economy both the private and the public sector has it’s own goal to achieve. For the public sector of the economy, their goal is to satisfy the social needs of the citizens and in the effort to achieve these purposes, auditing more often play a vital role. The shape of these sectors have sometimes made it clear for the ...

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ASSESSMENT OF VALUE FOR MONEY AUDIT AS A TOOL FOR FRAUD CONTROL IN THE PUBLIC SECTOR

CHAPTER ONE INTRODUCTION Background of the study The Nigerian economy is characterized with stories of malpractice such as stories of ghost workers on the pay roll of Ministries, Extra-ministerial Departments and Parastatals, frauds, embezzlements and setting ablaze of offices housing sensitive documents and corruption among the public servants (Okwoli, 2004). According to Bello (2001), huge amount of Naira is lost through one financial malpractice or the other in Nigeria, which ...

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