Download Tag: FINANCIAL FRAUD

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO STUDY There has been no single accepted definition to the term “fraud”. Fraud in whatever forms is limitless on classification. This is why courts and writers on fraud shirk or try to escape away from giving a decisive definition. Notwithstanding, the varied meaning attached to the concept of financial fraud, the author addressed the subject with the following working definitions. Oxford and chamber dictionaries define ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF STUDY Nigerian banking sector continues to be a vital part of the economy. Even since the inception of the nation’s first bank in the 19th century, banks have recorded tremendous growth. In spite of the hardship in the economy, people still rush to work in banks compared to other sectors with the belief of finding greener pastures there. With such negative motives as making money ...

ABSTRACT This study examined the effect of forensic auditing on financial fraud in Nigerian (DMBs). The study adopted cross sectional survey design. The population of the study comprised the staff of banks and audit firms in Abeokuta, Ogun State. The study used purposive sampling technique for questionnaire administration while logistic regression analysis was used for data analysis. The results of the study revealed that forensic audit has significant effect on ...

ABSTRACT Detection and prevention of financial fraud in Nigeria banking system. The dictionary meaning of fraud by penny means unlawful act, unfair advantage such as deception to the deferment of another.In banking system, financial fraud is also referred as a deliberate within or outside the banking system to cheat, deceive, swindle or manipulation in order to disposes the bank deposition or shareholders of their funds.Banks deal essentially in cash and ...