Impact Of Internal Control System On Detection And Prevention Of Fraud In Firms

ABSTRACT

This paper aims to ascertain the impact of internal control system on detection and prevention

fraud in firms. The problem of the study is to know if there is any signIcant relationship

between internal control system and fraud detection and preventions. The main objective is to

determine the impact of internal control system on detection and prevention fraud in firms. The

researcher employed descriptive survey design, primary data and secondary data were also

employed and simple regression model was adapted. The .

findings showed that internal control

system has a sign fIcant effect on detection and prevention offraud within the organization. The

researcher concludes that internal control systems have impact on detection and prevention

fraud in firms. The researcher therefore recommends that the management of firms should

provide sound internal control system and make use qf competent internal auditors in their

internal control system.