Select Currency
Translate this page

THE IMPACT OF AUDITING IN CONTROLLING FRUAD AND OTHER FINANCIAL IRREGULARITIES

Format: MS WORD  |  Chapter: 1-5  |  Pages: 70  |  1439 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

In various public company, the statutory requirement for the management is to present to the owners and other interested parties (creditors, tax authorities, potential investors etc.) a financial statement showing the way and manner in which the resources of the company at the managers disposal has been utilized or managed. This serves as the stewardship function of the management. However, before this financial statement can be accepted and is published. It must have been certify by an auditor to be the true statement of the affairs of the business. Hence auditing is an independent examination of the financial statement of an organization with a view to expressing an opinion as to whether this statement give a true or false view and comply with the relevant status. This primary objective of the audit is drive form section 360 of companies and allied matters decree (CAMD) 90 is to find out; Whether the financial statements shown are true and fair view and comply with the relevant status Whether the financial statement are in agreement with the records Whether proper records are being kept under secondary or subsiding object of an audit, which are; Detection of errors fraud and irregularities Prevention of fraud and other financial irregularities This two are also the objective of conducting an audit as it is however the responsibility of the management to control and detect fraud and other irregularities conferred on them by the section 331 of the (CAMD) 90. Irrespective of the above fact, the editor in the course of auditing is expected to approach this professional opinion with truth and fairness of the financial position as shown by the balance sheet and of the profit or lose as shown by the profit and lose account and any other information required by the law to be disclosed in the financial statement. In cause of carrying out this above mention duty, the auditor should regencies the responsibility of material misstatement, financial irregularities or fraud which unless adequately disclose distort the result of the state of the affairs shown by the financial statements.
OBJECTIVE OF THE STUDY
1.     As earlier stated earlier, the aim of the auditing is to detect fraud and irregularities but also to examine the financial statement presented by the management in order o give an opinion on whether or not the account show a true and fair view of the statement affairs of the business
2.     This research is to analyze the extent to which auditing in the course of the above examination can be applied to control fraud or irregularities.
3.     It is to examine how report are presented to the management and owners of the business at the end of the audit work bearing in mind the possibility of fraud and irregularity which unless if adequately disclose distort the result or state of affairs as shown by the financial statement.
4.     The research work is also directed towards showing the important of audit as regarding fraud and financial irregularities in the organization, (Nigeria coal cooperation Enugu).
5.     It is to make indept investigation and recommendation based on the finding to enlighten people on the impact of auditing in the controlling of fraud and financial irregularities.
SIGNIFICANCE OF THE STUDY
This study is significance in the following areas;
a.     The academic,
b.     The editor
c.      The society in general
To the academic societies, this study will enable them to take the course serious and o broaden their knowledge on the extent to which the impact of auditing can be felt as regards controlling of fraud and irregularities. It also helps them to understand the versatility of auditing as a course. To the auditors, it will enable them to know the extent of their study bearing in mind the probability of all those fraud and irregularities that can distort the state of affairs of the financial statement. To the society in general, its important is that they will appreciate auditing as a control measure on fraud and irregularities and not a measure at detecting fraud.  
SCOPE OF THE STUDY
This study is design to point out critically the impact of auditing has in he control of fraud and irregularities in the selected business organization like the Nigeria Coal Corporation Enugu as our focuses. This study also recognize the possibility of fraud and irregularities which unless if disclosed and thus become a check on fraud and financial irregularities. The researcher has chosen the cola cooperation Enugu as a case of study with hope that it will represent parastatals and other public service organization  
LIMITATION OF THE STUDY
Considering the economic condition in our country today, it was not easy for the researcher to carry on with the cost of transportation and other financial involvement, secondary due to the organizational bureaucracy and imperative attitudes of the respondent, information were delayed and this mad the respondent run out of time.  
DEFINITION OF TERMS
Balance sheet: this is a statement that shows all the asset and liability of a business at a particular date and time  
Distortion: this is the act of pulling or twisting something out of original shape. Making something look or sound strange or unnatural  
Financial irregularity: this is the intentional distortion of the financial statement for whether purpose of misappropriation of fund  
Financial statement: these consist of profit and lose account and the balance sheet of the business. Though this, the profit he lose account and the financial position of the business can be determine.  
Impact: this is a strong imprison or effect on something  
Shareholders: He who owns a share in a business company.

Semi – Qua – Non: an essential condition, something absolutely necessary.

Status: law passed by an official ruling body and written down formally. Any of the rules of an organization or institution  
Substantive test: this are those steps which the auditor take to obtain direct evidence which will substantiate the validity if the balance appearing in the balance sheet and the transaction reflected in the accounting records.

  DOWNLOAD THE FULL PROJECT

THE IMPACT OF AUDITING IN CONTROLLING FRUAD AND OTHER FINANCIAL IRREGULARITIES

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON THE IMPACT OF AUDITING IN CONTROLLING FRUAD AND OTHER FINANCIAL IRREGULARITIES INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent
Abdul Mateen Iddrisu
UDS
At first I taught is a site full of fraudsters until I saw my project in my Gmail after my payment.. THANK YOU IPROJECTMASTER and May God the almighty bless u guys abundantly
Excellent
Abubakar Iliyasu Hashim
Federal college of education pankshin affiliated to university of jos
I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.
Very Good
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Peace From Unilag
I cried not knowing how to go about my project but the day i searched online and saw iprojectmaster, i called and got my full project in less than 15minutes, i was shocked!
Excellent
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Abraham Ogbanje
NATIONAL OPEN UNIVERSITY OF NIGERIA
At first I was afraid.. But I discovered they are legit. I will bring more patronize
Very Good
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on THE IMPACT OF AUDITING IN CONTROLLING FRUAD AND OTHER FINANCIAL IRREGULARITIES?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on THE IMPACT OF AUDITING IN CONTROLLING FRUAD AND OTHER FINANCIAL IRREGULARITIES?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for THE IMPACT OF AUDITING IN CONTROLLING FRUAD AND OTHER FINANCIAL IRREGULARITIES, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!