Appraisal Of Internal Control System In The Banking Industry In Nigeria (A Study Of Three Selected Banks In Abia State)

EJEKE UDODIRIM EDITH | 66 pages (9237 words) | Projects

ABSTRACT

 The backward development in Nigeria can be attributed to weakness in the internal control system of banks. This has clearly pointed out the picture of how fraud has penetrated into the financial strength of Nigerian banks. In a nut shell, the damage which this menace called fraud has done to the bank is innumerable and needs urgent attention. Therefore the attempt to put an end to this economic degradation, gave rise to the topic of this study "Appraisal of internal control system in the banking industry in Nigeria" with Ecobank, United bank for Africa and union bank as a survey of study. However this study is aimed at verifying the conception that an effective and efficient internal control system is the best control measure for detecting and preventing fraud, especially in the banking sector. Data captured for this study were analyzed through statistical method. The analysis involved the use of percentage tabulation and chi-square. The issue of fraud detection, prevention and control inter-relate as the three works together to eliminate fraudulent tendencies. Therefore internal control is highly significant in banking industry in Nigeria.

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APA

EJEKE, E (2021). Appraisal Of Internal Control System In The Banking Industry In Nigeria (A Study Of Three Selected Banks In Abia State). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-internal-control-system-in-the-banking-industry-in-nigeria-a-study-of-three-selected-banks-in-abia-state-7-2

MLA 8th

EDITH, EJEKE. "Appraisal Of Internal Control System In The Banking Industry In Nigeria (A Study Of Three Selected Banks In Abia State)" Mouau.afribary.org. Mouau.afribary.org, 14 Oct. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-internal-control-system-in-the-banking-industry-in-nigeria-a-study-of-three-selected-banks-in-abia-state-7-2. Accessed 28 Nov. 2024.

MLA7

EDITH, EJEKE. "Appraisal Of Internal Control System In The Banking Industry In Nigeria (A Study Of Three Selected Banks In Abia State)". Mouau.afribary.org, Mouau.afribary.org, 14 Oct. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-internal-control-system-in-the-banking-industry-in-nigeria-a-study-of-three-selected-banks-in-abia-state-7-2 >.

Chicago

EDITH, EJEKE. "Appraisal Of Internal Control System In The Banking Industry In Nigeria (A Study Of Three Selected Banks In Abia State)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-internal-control-system-in-the-banking-industry-in-nigeria-a-study-of-three-selected-banks-in-abia-state-7-2

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