Internal Control System As A Means Of Preventing Fraud In Nigeria Financial Institution (a Case Study Of First Bank Of Nigeria Plc Onitsha)

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ABSTRACT
This research work was the infernal control system as a means of preventing fraud in Nigeria financial institution. However for a more defiled study was carried on First Bank Nigeria Plc Onitsha Head Office.
This study was necessary because of the increasing  wave of Bank fraud in Nigeria in resent times as reported by the Niger dailies. Therefore the need to investigate these reports and if confirmed, a financial institution and to what extend the application of an effective internal control system can go to help matter.
All aspect of this work is very relevant in one way or the other to the Nigerian Banking Industries, as a whole, and for those who may be interested in carrying out further study in this topic.
Also data were collected through primary and secondary sources, the primary sources of data are mainly through personal interviews and of questionnaires, while the secondary source include Books, Newspapers, Magazines.  
From my finding it was ascertained that Banks have the best internal control system in Nigeria. The internal system is both adequate and effective, although more operating improvement and review is vital. The management of the bank should be at alert so as to chose any loophole that may arise in their inferview control system.
Also, it was discovered that the major cause of fraud is the employment of dishonest staff. Therefore staff quality like intergrity should be ascertained before employment. There should be an increased enlightens on the legal implications of fraud among other.

 
TABLE OF CONTENT

Title page
Certification
Dedication
Acknowledgement
Abstract
Table of content

CHAPTER ONE
1.0 Introduction
1.1 Purpose of the study
1.2 Significance of the study
1.3 Scope of the study
1.4 Limitations of the study
1.5 Definition of terms

CHAPTER TWO
2.0 Review of related literature
2.1 Definition of fraud
2.2 Types and causes of bank fraud
2.3 Concept and definition of internal control
2.4 Type of control
2.5 Internal control system in financial institution (FIRST BANK PLC)
Reference/Note

CHAPTER THREE
3.0 Summary of Finding, Conclusion and Recommendation
3.1 Finding  
3.2 Conclusion
3.3 Recommendation
Bibliography

 

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(2014, 11). Internal Control System As A Means Of Preventing Fraud In Nigeria Financial Institution (a Case Study Of First Bank Of Nigeria Plc Onitsha).. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/5011/internal-control-system-as-a-means-of-preventing-fraud-in-nigeria-financial-institution-a-case-study-of-first-bank-of-nigeria-plc-onitsha-2799
"Internal Control System As A Means Of Preventing Fraud In Nigeria Financial Institution (a Case Study Of First Bank Of Nigeria Plc Onitsha)." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/5011/internal-control-system-as-a-means-of-preventing-fraud-in-nigeria-financial-institution-a-case-study-of-first-bank-of-nigeria-plc-onitsha-2799>.
"Internal Control System As A Means Of Preventing Fraud In Nigeria Financial Institution (a Case Study Of First Bank Of Nigeria Plc Onitsha).." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/5011/internal-control-system-as-a-means-of-preventing-fraud-in-nigeria-financial-institution-a-case-study-of-first-bank-of-nigeria-plc-onitsha-2799>.
"Internal Control System As A Means Of Preventing Fraud In Nigeria Financial Institution (a Case Study Of First Bank Of Nigeria Plc Onitsha).." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/5011/internal-control-system-as-a-means-of-preventing-fraud-in-nigeria-financial-institution-a-case-study-of-first-bank-of-nigeria-plc-onitsha-2799.

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