Impact Of Internal Control Measures On The Prevention And Detection Of Fraud In Banks (A Study Of Guarantee Trust Bank, Umuahia):- Kalu Jemimah C
ABSTRACT
The
regularity offraud, the misappropriation offunds is creating constant fear,
anxiety, and a loss ofconfidence in the minds ofbank customers. Also, poor
internal control leads to increase in hank losses. On this basis, the study
seeks to analyze the impact ofinternal control measures on the prevention and
detection offraud in hanks using Guarantee Trust Bank (GT Bank), Umuahia. The
following proxies were used to analyze the effect ofinternal control measures
on the prevention and detection offraud in banks; internal control size,
quality and independence. Twenty-three (23) questionnaires were distributed to
the staffs ofGT Bank, the method ofdata analysis used in this work is the
correlation analyses technique. It was found that internal control size,
quality and independence has a significant relationship on the prevention and
detection offraud in hanks. Based on this finding, internal control measures is
a potent tool in the prevention and detection of fraud in banks. Thus, it's
recommended that public enlightenment through conference holdings by
appropriate authorities for banks so as to facilitate proper understanding on
the need, importance and benefits of installing internal control systems in
banks and hanks should ensure that internal control units are not under staffed
to avoid losses which can he otherwise be prevented
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KALU, C (2024). Impact Of Internal Control Measures On The Prevention And Detection Of Fraud In Banks (A Study Of Guarantee Trust Bank, Umuahia):- Kalu Jemimah C. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-internal-control-measures-on-the-prevention-and-detection-of-fraud-in-banks-a-study-of-guarantee-trust-bank-umuahia-kalu-jemimah-c-7-2
CHINYERE, KALU. "Impact Of Internal Control Measures On The Prevention And Detection Of Fraud In Banks (A Study Of Guarantee Trust Bank, Umuahia):- Kalu Jemimah C" Mouau.afribary.org. Mouau.afribary.org, 09 Aug. 2024, https://repository.mouau.edu.ng/work/view/impact-of-internal-control-measures-on-the-prevention-and-detection-of-fraud-in-banks-a-study-of-guarantee-trust-bank-umuahia-kalu-jemimah-c-7-2. Accessed 30 Oct. 2024.
CHINYERE, KALU. "Impact Of Internal Control Measures On The Prevention And Detection Of Fraud In Banks (A Study Of Guarantee Trust Bank, Umuahia):- Kalu Jemimah C". Mouau.afribary.org, Mouau.afribary.org, 09 Aug. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-internal-control-measures-on-the-prevention-and-detection-of-fraud-in-banks-a-study-of-guarantee-trust-bank-umuahia-kalu-jemimah-c-7-2 >.
CHINYERE, KALU. "Impact Of Internal Control Measures On The Prevention And Detection Of Fraud In Banks (A Study Of Guarantee Trust Bank, Umuahia):- Kalu Jemimah C" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-internal-control-measures-on-the-prevention-and-detection-of-fraud-in-banks-a-study-of-guarantee-trust-bank-umuahia-kalu-jemimah-c-7-2