Effect ofForensic Investigation on Fraud Prevention and Control in the Banking Sector in Nigeria ( A case study of First Bank Pic Umuahia:- Ogwos, Uche H
Abstract
The study examined the Effect ofForensic
Investigation on Fraud Prevention and Control in the Banking Sector in Nigeria.
The objectives of the study are to ascertain whether Cross-drive analysis is
applied in fraud detection in Nigeria Commercial Banks, whether network audit
trails on fraud control is carried out in the Nigeria Commercial banks and to
examine whether live analysis on Fraud prevention is being carried out in the
Nigeria Commercial Banks. To achieve the objectives of the study, Survey
research design was adopted. The data were collected using questionnaire. The
data were tabulated and analyzed using the Simple Regression Technique. The
study concludes that forensic investigation affectsfraud Prevention and
control. It is recommended that accountants should be alert to potential fraud
and other illegal activities while performing their duties and that trained
experts like the Professional Forensic Accountants should adhere to
professional ethics in carrying out the Investigation. Also it is recommended
that the current effort of the Federal Government in fighting corruption should
be encouraged and sustained. The several professional bodies in Nigeria should
ensure that Forensic Accountants are well trained and that the Financial
Reporting Council should ensure harmonization and unification ofthe conflicting
regulatory codes are establishedfor bestpractice and service delivery.
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OGWOS, O (2024). Effect ofForensic Investigation on Fraud Prevention and Control in the Banking Sector in Nigeria ( A case study of First Bank Pic Umuahia:- Ogwos, Uche H. Mouau.afribary.org: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/effect-offorensic-investigation-on-fraud-prevention-and-control-in-the-banking-sector-in-nigeria-a-case-study-of-first-bank-pic-umuahia-ogwos-uche-h-7-2
OGWOS, OGWOS. "Effect ofForensic Investigation on Fraud Prevention and Control in the Banking Sector in Nigeria ( A case study of First Bank Pic Umuahia:- Ogwos, Uche H" Mouau.afribary.org. Mouau.afribary.org, 16 Jul. 2024, https://repository.mouau.edu.ng/work/view/effect-offorensic-investigation-on-fraud-prevention-and-control-in-the-banking-sector-in-nigeria-a-case-study-of-first-bank-pic-umuahia-ogwos-uche-h-7-2. Accessed 24 Nov. 2024.
OGWOS, OGWOS. "Effect ofForensic Investigation on Fraud Prevention and Control in the Banking Sector in Nigeria ( A case study of First Bank Pic Umuahia:- Ogwos, Uche H". Mouau.afribary.org, Mouau.afribary.org, 16 Jul. 2024. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-offorensic-investigation-on-fraud-prevention-and-control-in-the-banking-sector-in-nigeria-a-case-study-of-first-bank-pic-umuahia-ogwos-uche-h-7-2 >.
OGWOS, OGWOS. "Effect ofForensic Investigation on Fraud Prevention and Control in the Banking Sector in Nigeria ( A case study of First Bank Pic Umuahia:- Ogwos, Uche H" Mouau.afribary.org (2024). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-offorensic-investigation-on-fraud-prevention-and-control-in-the-banking-sector-in-nigeria-a-case-study-of-first-bank-pic-umuahia-ogwos-uche-h-7-2