Automated forensic auditing and fraud control in Nigeria (case study of the Economic and Financial Crimes Commission, Portharcourt) Department: Accountancy By: Aloyzy Project ID: 7200 Rating: (5.0) votes: 1Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThe topic“Automated forensic auditing and fraud control in Nigeria” is a critical concept in modern days accounting, and our country Nigeria is not left out in its practice. This research aims to point out the rationale behind fraudulent practices as well as examine the role of automated forensic auditing on fraud control. A survey research design was adopted for this research study and the sample size was selected using Taro Yamane sampling technique as data used were obtained from both primary and secondary sources. Four research questions were formulated out of which three hypotheses were tested using the (ANOVA) statistical technique. From the analysis, the major findings derived were that Automated forensic auditing has a significant relationship with fraud control as it helps in the detection and prevention of fraud There are measures employed to solve the problems of insufficient documented materials necessary for investigating suspects as it helps to foster investigative process There are standards set for improving on techniques used for obtaining evidence. Conclusively, it can be said that fraud control in Nigeria cannot be done without forensic accounting fraud detection may not be possible in Nigeria if management of different levels are not committed to doing an in-depth study of a financial statement i.e. having a physical check of assets and liabilities. It was recommended that The internal control system of every organization should be strengthened through regular audit training of forensic auditors should be done regularly, and also seminars should be organized to encourage the use of automated tools. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )