ABSTRACT
Over the years, a lot people rely on the audited and published financial statement of banks to make informed discussions .this bought the topic 'analysis of the impact of external auditors on fraud detection and prevention in selected Nigeria banks' chapter one talked about the background of the study, statement of the problem, objective of the study, research question, research hypothesis, scope and significant of the study, chapter two addressed the concepts of the study and also stated various theories propounded by different auditors and similar research works were also reviewed, chapter three discussed about the research designed adopted which was survey design method, data were sourced primarily by administering questionnaire to the respondents. 44 questionnaire were administered, 38 were retrieved therefore, and the valid data retrieved were analyzed. Chapter four talked about the data presentation, data analysis and the hypotheses were also tested. In chapter five the findings of the research work were summarized and it concluded that the external auditors has the significant impact on fraud detection and fraud prevention in Nigerian banks. It therefore recommended that the managers of banks should maintain or upgrade their commitment to external auditor's engagement in their banks, in order to detect fraud and prevent in beforehand.
TABLE OF CONTENTS
Cover Page
Title Page
Declaration
Certification
Acknowledgment Dedication
Table of content
List of table
Abstract
CHAPTER ONE
I. 1 Background to the Study
1.2 Statement of the Problem
I .3 Objective of the Study
1.4 Research Questions
1.5 Research Hypothesis
1.6 Scope of the Study
1.7 Significance of the Study
CHAPTER TWO
2.1 Conceptual Framework
2.1.1 Meaning of auditing
2. l .1.1 Types of auditing
2.1.2 Meaning of auditors
2.1.2.1 Qualification of an auditor
2. l .2.2 Appointment of auditors
2. I .2.3 Remuneration of auditors
2. l.2.4 Duties of the auditor
2.1.2.4 The rights of the auditor
2.1.3 Professional requirements as to competence and integrity
2.1.3.1 The principles of due skill, care and competence 8
2.1.3.2 The principle of integrity 8
2.1.3.3 Professional duty of confidence 8
2.1.3.3.1 Exceptions of professional duty of confidence 9
2.1.4 Auditor's liability and legal responsibility 10
2.1.4.1 Criminal liability 10
2.1.4.2 Liability under contract law 10
2.1.5.1 Types of bank fraud 10
2.1.5.2 Causes of fraud in banks 12
2.1.6 Detection of fraud 12
2.1. 7 Prevention of fraud 14
2.1.8 Auditors' responsibilities in fraud detection 15
2.1.9 Reporting fraud and error to management 17
2.1.10 Reporting fraud and error to members of the company 17
2.1.11 Forming the audit procedure 17
2.2 Theoretical framework 18
2.2.1 Fraud triangle theory 18
2.2.2 The agency theory 18
2.3 Empirical Review 19
CHAPTER THREE
3.1 Research Design 22
3.2 Area of the Study 22
3.3 Population of the study 22
3.4 Sample Size 23
3 .5 Method of Data Collection 24
3.6 Reliability and Validity of Research Instrument 24
3.7 Method of Data Analysis 25
3.8 Model specification 25
CHAPTER FOUR
4.1 Data Presentation 26
4.2 Analysis of Research Questions 30
4.3 Discussion of Model and Test of Hypothesis 33
CHAPTERFIVE SUMMARY OF FINDINGS
5.1 Summary of Findings 37
5 .2 Conclusion 38
5.3 Recommendations 38
REFERENCES
IBEM, K (2021). Analysts Of The Impact Of External Auditors On Fraud Dete'ction And Prevention In Selected Nigeria Banks. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/analysts-of-the-impact-of-external-auditors-on-fraud-detection-and-prevention-in-selected-nigeria-banks-7-2
KALU, IBEM. "Analysts Of The Impact Of External Auditors On Fraud Dete'ction And Prevention In Selected Nigeria Banks" Mouau.afribary.org. Mouau.afribary.org, 14 Jan. 2021, https://repository.mouau.edu.ng/work/view/analysts-of-the-impact-of-external-auditors-on-fraud-detection-and-prevention-in-selected-nigeria-banks-7-2. Accessed 30 Oct. 2024.
KALU, IBEM. "Analysts Of The Impact Of External Auditors On Fraud Dete'ction And Prevention In Selected Nigeria Banks". Mouau.afribary.org, Mouau.afribary.org, 14 Jan. 2021. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/analysts-of-the-impact-of-external-auditors-on-fraud-detection-and-prevention-in-selected-nigeria-banks-7-2 >.
KALU, IBEM. "Analysts Of The Impact Of External Auditors On Fraud Dete'ction And Prevention In Selected Nigeria Banks" Mouau.afribary.org (2021). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/analysts-of-the-impact-of-external-auditors-on-fraud-detection-and-prevention-in-selected-nigeria-banks-7-2