Management Accounting Information And Fraud Control Measures In Commercial Banks
Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2018, Vol 9, Issue 5
Abstract
Fraud is a deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. There is no doubt that fraud has caused much havoc in business world these days. This study was therefore undertaken to find out the influence of Management Accounting Information on fraud control measures in Niger State with Ecobank Nigeria PLC as the case study. The accounting and audit department staff in the entire branch in Niger State were served with questionnaires. The descriptive survey research was utilized. Data were collected using interview method and structured questionnaire. Two research questions were raised and twonull hypotheses were also formulated and tested at a 0.05 level of significance. The Simple Percentage and Standard Deviation were used to analyze the research questions and Chi-square method was used to test the hypotheses. A total population of 30 respondents were given the questionnaires and 24 were fully filled and returned. The test-retest method of reliability was adopted and a reliability coefficient of 0.78 was obtained. The findings revealed that accurate management accounting information, fraud detection and fraud prevention are effective fraud control measures in the accounting and audit department of commercial banks in Niger State. It recommended that these fraud control measures should be harnessed and utilized by audits department.
Authors and Affiliations
Ashibogwu Nze Kingsley, Henry Peace Omoghene
Keywords
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- EP ID EP414953
- DOI 10.9790/5933-0905034853.
- Views 198
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