Articles Tagged with A STUDY ON THE EFFECTIVENESS OF AUTOMATED FORENSIC AUDITING ON FRAUD CONTROL IN NIGERIA ( A CASE STUDY OF EFCC PORT HARCOURT)

A STUDY ON THE EFFECTIVENESS OF AUTOMATED FORENSIC AUDITING ON FRAUD CONTROL IN NIGERIA ( A CASE STUDY OF EFCC PORT HARCOURT)

CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
SUMMARY OF FINDINGS
From the analysis in chapter four, the following findings were derived, and these include;
Automated forensic auditing has significance relationship with fraud control as it helps in the detection and prevention of fraud.
There are methods adopted to adequately train forensic auditors which can be useful in investigating fraud.
There are measures employed to solve the problems of insufficient documented materials necessary for investigating suspects, as it helps to foster the investigation process.
There are standard set for improving on techniques use for obtaining evidence.
CONCLUSION
Nigeria seems to have acquired a name that is synonymous with corruption. As a nation, it has carved out for itself the reputation of the most corrupt in the world. Our treatment in international politics as a parish state can either be reversed nor
(and our call for foreign investors) be meaningful if corruption is left un-embattled in Nigeria Chukwumaeze (2000).
However the quest to combat this economic monster called fraud brought about the concept of forensic auditing as well as Economic and Financial Crime Commission (EFCC) that are out to reduce the incessant occurance of fraud in our
financial system which has hampered th loss of confidence by investors who prefer to invest abroad rather than risk their
resources in a country like Nigeria where fraud is perpetrated by many. Owing to this, Gbadamosi (2008) is of the opinion that fraud has become a pandemic disease, surpassing geopolitical boundaries, race, ideology or the level of economic development. Although, with determination and little effort, fraud can be managed to limit financial losses as well as frustrate and expose the criminals that victimize us all. Ezeilo (2010).
However, the automated forensic tools which was discussed earlier in this research work has being a helpful tool for identifying root cause of fraudulent practices and facilitation of security measures in organizations. It also ensures the validity and reliability of information used in curbing fraudulent acts.
RECOMMENDATIONS
The internal control system of every organization should be strengthened through regular audit exercise, so as to reduce the occurrence of fraudulent practices.
Training of forensic auditor should be done regularly so as to enable them carry out investigations successfully.
Seminars should be organized to encourage the use of automated tools by organizations, so as to make them aware of the fact that they can save more in preventing frauds unlike when the fraud has already occur.

HOW TO GET THE FULL PROJECT WORK

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount into our bank Account below, send the following information to
08140350866 or 08058580848

(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert

BANK ACCOUNTS
Account Name: AKINYEMI OLUWATOSIN
Account Number: 3022179389
Bank: FIRST BANK.

OR
Account Name: AKINYEMI OLUWATOSIN
Account Number: 2060566256
Bank: UBA.

OR
Account Name: AKINYEMI OLUWATOSIN
Account Number: 0042695344
Bank: Diamond

HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.

But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.

Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.

No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner

CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.

That you ordered this material shows you have agreed not to copy word-to-word.

FOR MORE INFORMATION, CALL:
08058580848, 08140350866

YOU CAN ALSO VISIT:
YOU CAN ALSO VISIT:

www.greatmindsprojectmaterials.com
www.greatmindsprojectsolution.com
www.achieversprojectmaterials.com
www.naijasplash.com
www.achieversprojectmaterials.blogspot.com
www.achieverprojectmaterial.blogspot.com
www.acheiversprojectmaterials.blogspot.com
www.archieverprojectmaterials.blogspot.com
www.acheiversprojectmaterials.blogspot.com.ng
www.archieverprojectmaterials.blogspot.com.ng
www.achieversprojectmaterials.blogspot.com.ng
www.achieverprojectmaterial.blogspot.com.ng
www.achieverprojectmaterial.wordpress.com
www.achieversprojectmaterials.wordpress.com
www.acheiversprojectmaterials.wordpress.com
www.archieverprojectmaterials.wordpress.com

A STUDY ON THE EFFECTIVENESS OF AUTOMATED FORENSIC AUDITING ON FRAUD CONTROL IN NIGERIA ( A CASE STUDY OF EFCC PORT HARCOURT)

CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
SUMMARY OF FINDINGS
From the analysis in chapter four, the following findings were derived, and these include;
Automated forensic auditing has significance relationship with fraud control as it helps in the detection and prevention of fraud.
There are methods adopted to adequately train forensic auditors which can be useful in investigating fraud.
There are measures employed to solve the problems of insufficient documented materials necessary for investigating suspects, as it helps to foster the investigation process.
There are standard set for improving on techniques use for obtaining evidence.
CONCLUSION
Nigeria seems to have acquired a name that is synonymous with corruption. As a nation, it has carved out for itself the reputation of the most corrupt in the world. Our treatment in international politics as a parish state can either be reversed nor
(and our call for foreign investors) be meaningful if corruption is left un-embattled in Nigeria Chukwumaeze (2000).
However the quest to combat this economic monster called fraud brought about the concept of forensic auditing as well as Economic and Financial Crime Commission (EFCC) that are out to reduce the incessant occurance of fraud in our
financial system which has hampered th loss of confidence by investors who prefer to invest abroad rather than risk their
resources in a country like Nigeria where fraud is perpetrated by many. Owing to this, Gbadamosi (2008) is of the opinion that fraud has become a pandemic disease, surpassing geopolitical boundaries, race, ideology or the level of economic development. Although, with determination and little effort, fraud can be managed to limit financial losses as well as frustrate and expose the criminals that victimize us all. Ezeilo (2010).
However, the automated forensic tools which was discussed earlier in this research work has being a helpful tool for identifying root cause of fraudulent practices and facilitation of security measures in organizations. It also ensures the validity and reliability of information used in curbing fraudulent acts.
RECOMMENDATIONS
The internal control system of every organization should be strengthened through regular audit exercise, so as to reduce the occurrence of fraudulent practices.
Training of forensic auditor should be done regularly so as to enable them carry out investigations successfully.
Seminars should be organized to encourage the use of automated tools by organizations, so as to make them aware of the fact that they can save more in preventing frauds unlike when the fraud has already occur.

HOW TO GET THE FULL PROJECT WORK

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount into our bank Account below, send the following information to
08140350866 or 08058580848

(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert

BANK ACCOUNTS
Account Name: AKINYEMI OLUWATOSIN
Account Number: 3022179389
Bank: FIRST BANK.

OR
Account Name: AKINYEMI OLUWATOSIN
Account Number: 2060566256
Bank: UBA.

OR
Account Name: AKINYEMI OLUWATOSIN
Account Number: 0042695344
Bank: Diamond

HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.

But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.

Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.

No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner

CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.

That you ordered this material shows you have agreed not to copy word-to-word.

FOR MORE INFORMATION, CALL:
08058580848, 08140350866

YOU CAN ALSO VISIT:
YOU CAN ALSO VISIT:

www.greatmindsprojectmaterials.com
www.greatmindsprojectsolution.com
www.achieversprojectmaterials.com
www.naijasplash.com
www.achieversprojectmaterials.blogspot.com
www.achieverprojectmaterial.blogspot.com
www.acheiversprojectmaterials.blogspot.com
www.archieverprojectmaterials.blogspot.com
www.acheiversprojectmaterials.blogspot.com.ng
www.archieverprojectmaterials.blogspot.com.ng
www.achieversprojectmaterials.blogspot.com.ng
www.achieverprojectmaterial.blogspot.com.ng
www.achieverprojectmaterial.wordpress.com
www.achieversprojectmaterials.wordpress.com
www.acheiversprojectmaterials.wordpress.com
www.archieverprojectmaterials.wordpress.com

A STUDY ON THE EFFECTIVENESS OF AUTOMATED FORENSIC AUDITING ON FRAUD CONTROL IN NIGERIA ( A CASE STUDY OF EFCC PORT HARCOURT)

CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
SUMMARY OF FINDINGS
From the analysis in chapter four, the following findings were derived, and these include;
Automated forensic auditing has significance relationship with fraud control as it helps in the detection and prevention of fraud.
There are methods adopted to adequately train forensic auditors which can be useful in investigating fraud.
There are measures employed to solve the problems of insufficient documented materials necessary for investigating suspects, as it helps to foster the investigation process.
There are standard set for improving on techniques use for obtaining evidence.
CONCLUSION
Nigeria seems to have acquired a name that is synonymous with corruption. As a nation, it has carved out for itself the reputation of the most corrupt in the world. Our treatment in international politics as a parish state can either be reversed nor
(and our call for foreign investors) be meaningful if corruption is left un-embattled in Nigeria Chukwumaeze (2000).
However the quest to combat this economic monster called fraud brought about the concept of forensic auditing as well as Economic and Financial Crime Commission (EFCC) that are out to reduce the incessant occurance of fraud in our
financial system which has hampered th loss of confidence by investors who prefer to invest abroad rather than risk their
resources in a country like Nigeria where fraud is perpetrated by many. Owing to this, Gbadamosi (2008) is of the opinion that fraud has become a pandemic disease, surpassing geopolitical boundaries, race, ideology or the level of economic development. Although, with determination and little effort, fraud can be managed to limit financial losses as well as frustrate and expose the criminals that victimize us all. Ezeilo (2010).
However, the automated forensic tools which was discussed earlier in this research work has being a helpful tool for identifying root cause of fraudulent practices and facilitation of security measures in organizations. It also ensures the validity and reliability of information used in curbing fraudulent acts.
RECOMMENDATIONS
The internal control system of every organization should be strengthened through regular audit exercise, so as to reduce the occurrence of fraudulent practices.
Training of forensic auditor should be done regularly so as to enable them carry out investigations successfully.
Seminars should be organized to encourage the use of automated tools by organizations, so as to make them aware of the fact that they can save more in preventing frauds unlike when the fraud has already occur.

HOW TO GET THE FULL PROJECT WORK

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount into our bank Account below, send the following information to
08140350866 or 08058580848

(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert

BANK ACCOUNTS
Account Name: AKINYEMI OLUWATOSIN
Account Number: 3022179389
Bank: FIRST BANK.

OR
Account Name: AKINYEMI OLUWATOSIN
Account Number: 2060566256
Bank: UBA.

OR
Account Name: AKINYEMI OLUWATOSIN
Account Number: 0042695344
Bank: Diamond

HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.

But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.

Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.

No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner

CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.

That you ordered this material shows you have agreed not to copy word-to-word.

FOR MORE INFORMATION, CALL:
08058580848, 08140350866

YOU CAN ALSO VISIT:
YOU CAN ALSO VISIT:

www.greatmindsprojectmaterials.com
www.greatmindsprojectsolution.com
www.achieversprojectmaterials.com
www.naijasplash.com
www.achieversprojectmaterials.blogspot.com
www.achieverprojectmaterial.blogspot.com
www.acheiversprojectmaterials.blogspot.com
www.archieverprojectmaterials.blogspot.com
www.acheiversprojectmaterials.blogspot.com.ng
www.archieverprojectmaterials.blogspot.com.ng
www.achieversprojectmaterials.blogspot.com.ng
www.achieverprojectmaterial.blogspot.com.ng
www.achieverprojectmaterial.wordpress.com
www.achieversprojectmaterials.wordpress.com
www.acheiversprojectmaterials.wordpress.com
www.archieverprojectmaterials.wordpress.com