Appraisal Of The Role Of Auditors In The Detection, Reduction, Prevention And Control Of Fraud And Errors In An Organization (The Study Of Selected Firms In Umuahia)

Michael Okpara University | 72 pages (14237 words) | Projects
Accounting | Co Authors: KANU COLLINS EKELEMCHI

ABSTRACT

This research project is titled "Appraisal of the role of Auditors in Detection, Reduction, Prevent and Control of Fraud and Errors in and organization. (The study of selected firms in Umuahia). This calls for an appraisal of the existing situation and empirical analysis of auditors role in the detection, reduction, prevention and control of fraud and error. Millichamp (1984) stated that although the main objective of auditing is to issue a report to the shareholders of a company. expressing an opinion on the financial statements, the prevention and control of fraud and errors is a subsidiary objective of the auditor. The population sample size of the study is 90 which is fully representative of the research population. The statistical tool used for the purpose of this study is Taro Yaman Formular. In this case findings made so far are follows: 1. The prevention and control of fraud is independent of the auditors moracle 2. Most auditors maintain audit notes extensively and in most instances they do not omit to check transactions after they have been noted. It thereby recommends that the accounting profession should re-examine the objective of auditing and place more emphasis on the control of fraud and error. The systems methods and techniques of fraud control should be reviewed better and more current innovations introduced.

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APA

MICHAEL, U (2021). Appraisal Of The Role Of Auditors In The Detection, Reduction, Prevention And Control Of Fraud And Errors In An Organization (The Study Of Selected Firms In Umuahia). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-the-role-of-auditors-in-the-detection-reduction-prevention-and-control-of-fraud-and-errors-in-an-organization-the-study-of-selected-firms-in-umuahia-7-2

MLA 8th

UNIVERSITY, MICHAEL. "Appraisal Of The Role Of Auditors In The Detection, Reduction, Prevention And Control Of Fraud And Errors In An Organization (The Study Of Selected Firms In Umuahia)" Mouau.afribary.org. Mouau.afribary.org, 12 Aug. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-the-role-of-auditors-in-the-detection-reduction-prevention-and-control-of-fraud-and-errors-in-an-organization-the-study-of-selected-firms-in-umuahia-7-2. Accessed 01 Nov. 2024.

MLA7

UNIVERSITY, MICHAEL. "Appraisal Of The Role Of Auditors In The Detection, Reduction, Prevention And Control Of Fraud And Errors In An Organization (The Study Of Selected Firms In Umuahia)". Mouau.afribary.org, Mouau.afribary.org, 12 Aug. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-the-role-of-auditors-in-the-detection-reduction-prevention-and-control-of-fraud-and-errors-in-an-organization-the-study-of-selected-firms-in-umuahia-7-2 >.

Chicago

UNIVERSITY, MICHAEL. "Appraisal Of The Role Of Auditors In The Detection, Reduction, Prevention And Control Of Fraud And Errors In An Organization (The Study Of Selected Firms In Umuahia)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-the-role-of-auditors-in-the-detection-reduction-prevention-and-control-of-fraud-and-errors-in-an-organization-the-study-of-selected-firms-in-umuahia-7-2

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