ABSTRACT
The study investigated on the role of internal
auditors in prevention of bank fraud in Nigeria. The work determined; to
identify the internal auditors’ role in prevention of fraud in Nigerian Banks,
to determine whether internal auditors report can enhance prevention of fraud
in Nigerian banks and to identify the internal auditors function in the
effectiveness of bank's internal control. To achieve the objectives ofthe
study, survey research design was adopted. The population of the study is made
up of50 while the sample size is made up of 44 after adopting Taro Yamane formula.
The researcher adoptedprimary data in getting the required information. In
testing the hypotheses, simple regression analysis was used. The findings
revealed that there is a significant relationship between roles of internal
auditors and prevention of fraudsin banks. Thefindings also revealedthat there
is a significantrelationship between internal auditor’sfunction and the
effectiveness of bank’s internal control. The researcherrecommends that
Effective internal audit technique capable ofpreventing any type offraud should
be established by banks. The researcher also recommends that as regard to
fraudprevention and detection methods, banks should take advantage ofmodem
accounting and auditing soft ware's to enhance efficiency and smooth operation
ofthe task ofdetection prevention and recovery through the application
ofrelevant information technology.
EPUNAM, C (2023). Role Of Internal Auditors In T He Prevention Of Bank Fraud In Nigeria (A Study Of Ecobank Nigeria PLC). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-t-he-prevention-of-bank-fraud-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2
CHINAZA, EPUNAM. "Role Of Internal Auditors In T He Prevention Of Bank Fraud In Nigeria (A Study Of Ecobank Nigeria PLC)" Mouau.afribary.org. Mouau.afribary.org, 20 Sep. 2023, https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-t-he-prevention-of-bank-fraud-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2. Accessed 31 Oct. 2024.
CHINAZA, EPUNAM. "Role Of Internal Auditors In T He Prevention Of Bank Fraud In Nigeria (A Study Of Ecobank Nigeria PLC)". Mouau.afribary.org, Mouau.afribary.org, 20 Sep. 2023. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-t-he-prevention-of-bank-fraud-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2 >.
CHINAZA, EPUNAM. "Role Of Internal Auditors In T He Prevention Of Bank Fraud In Nigeria (A Study Of Ecobank Nigeria PLC)" Mouau.afribary.org (2023). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-t-he-prevention-of-bank-fraud-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2