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Evaluation of value for money audit as a tool for fraud control in the public sector

 Department: Accountancy  
 By: usericon AdeleyeJoshua  

 Project ID: 9598
   Rating:  (5.0) votes: 1
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   Price:₦5000
Abstract
This study seeks to examine the effect of value for money audit in fraud detection and control in the public sector, to find out the relationship between value for money audit and fraud control in the pubic sector, and to determine the relevance of value for money audit to the effectiveness and control of an organization. The study adopted Agency and accountability theory. Data for the study were gathered from both primary and secondary sources. The population of the study is one hundred and eighty- five (185) and the sample size is one hundred and twenty- seven(127). The analysis was done with the use of chi-square. The finding reveals that value-for-money audit has an effect on fraud detection in the public sector and it is relevant to the effectiveness and control of public sector. The researcher recommends that value-for-money audits in the public sector should be equipped, supported, and protected to be effective and efficient in their role in fraud detection and control.  Effective internal control should be pursued in the organization as a means of reducing the tendency of fraud commitment in the organization. ...
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