LIST
OF TABLES
Table: 4.2.1 Gender
of respondents - - - - - - - 20
Table 4.2.2: Age
group of respondents - - - - - - 20
Table 4.2.3 Educational
Qualification of respondents - - - - 20
Table 4.2.4 Does your organization have fraud
detection mechanism in place? - 21
Table 4.2.5 what
type of Fraud detection mechanism is in place? - - - 21
Table 4.2.6
Fraud detection mechanism in your organization proof to be very effective 21
Table 4.2.7 Does
the mechanism put in place enhance operations in your organization 22
Table 4.2.8 Does
fraud often occurs in your organization - - - - 22
Table 4.2.9
Detection and prevention of fraud enhances productivity. - - 22
Table
4.2.10 Fraud detection mechanism ensures quality services. - - - 23
Table
4.2.11 Fraud detection mechanism improves profitability. - - - 23
Table
4.2.12 Fraud detection mechanism increases market share. - - - 23
Table
4.2.13 Fraud detection and control mechanism improves the overall bank - 24
TABLE OF CONTENT
Title Page - - - - - - - - - i
Approval Page - - - - - - - - ii
Dedication - - - - - - - - - iii
Acknowledgement - - - - - - - - iv
List of Tables - - - - - - - - v
Table of Content - - - - - - - - vi Abstract - - - - - - - - -
viii
CHAPTER ONE
INTRODUTION
1.1 Background of the Study - - - - - - 1
1.2 Statement of the problem- - - - - - 2
1.3 Research Questions - - - - - - 2
1.4 Objectives of the Study - - - - - - 2
1.5 Significance of the study - - - - - - 3
1.6 Scope of the Study - - - - - - 3
1.7 Summary of Chapters - - - - - - 3
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Introduction - - - - - - - - 5
2.2 Conceptual Definitions - - - - - - 5
2.2.1 Concept of fraud - - - - - - - 5
2.2.2 Fraud Detection Mechanism - - - -
- - 6
2.2.3 The Concept of Internal Control Mechanism - - - - 6
2.2.4 Whistle Blowing and Mechanisms of Reporting - - - 7
2.2.5 Remedies to Fraud/Prevention - - - - - 7
2.2.6 Strategies for preventing Frauds and
Forgeries in the Banking Sector 9
2.2.7 Internal Control System and
Fraud Prevention - - - 11
2.3 History of the Study Area - - - - - - 13
2.4 Past Studies of Fraud in Nigeria - - - - - 14
2.5 Past Studies of Fraud in other countries - - - 15
2.6 Hypothesis Development - - - - - 17
2.7 Conclusion - - - - - - - - 17
CHAPTER THREE
RESEARCH
METHODOLOGY
3.1 Introduction - - - - - - - 19
3.2 Research Design - - - - - - - 19
3.3 Research Population - - - - - - - 19
3.4 Sample and Sampling techniques - - - - - 19
3.5 Sources of Data collection - - - - - 19
3.6 Instruments of Data Collection - - - - 19
3.7 Method of data analysis - - - - - 19
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 Introduction - - - - - - - 20
4.2 Data Presentation and analysis - - - - 20
4.3 Summary of Findings - - - - - 24
4.4 Conclusions - - - - - - - -
CHAPTER FIVE
CONCLUSION
5.1 Summary - - - - - - - - 25
5.2 Conclusion - - - - - - - - 25
5.3 Recommendation - - - - - - - 25
5.5 Limitations of the study - - - - - - 25
5.6 Suggestion for future Study - - - - 26
References - - - - - - - 27
Appendix - - - - - - - - 29
ABSTRACT
The project report titled “Impact of fraud detection and
control mechanism on bank performance in Nigeria” a case study of First Bank of Nigeria plc Birnin
Kebbi., covered up relevant information about the cause of fraud in the banking
industry, and it contribute to the failure in the bank and how to prevent fraud
in the banking industry and to know how bank are dealing with it. The objective
of the study was to find out whether internal audit departments are adequately
checking fraud and fraudulent activities. However, the objective also involves
finding out the persistent existence of frauds and other irregularities despite
the existence and adequate functioning of internal audit departments. On the
long run, questionnaire and interview was used as the research instrument to
carrying out the investigation. Information was gathered from respondents using
the instruments mentioned above. However, the data collected was presented and
analyzed. Findings revealed that internal auditing has a positive impact in the
banking industry it was recommended that Banks staff should be properly screen
before being employed.
Keywords: Fraud Detection, Control
Mechanism, Bank Performance.
Adedeji, A (2020). IMPACT OF FRAUD DETECTION AND CONTROL MECHANISM ON BANK PERFORMANCE IN NIGERIA. Afribary.com: Retrieved March 05, 2021, from https://afribary.com/works/impact-of-fraud-detection-and-control-mechanism-on-bank-performance-in-nigeria
Adeola, Adedeji. "IMPACT OF FRAUD DETECTION AND CONTROL MECHANISM ON BANK PERFORMANCE IN NIGERIA" Afribary.com. Afribary.com, 05 Jan. 2020, https://afribary.com/works/impact-of-fraud-detection-and-control-mechanism-on-bank-performance-in-nigeria . Accessed 05 Mar. 2021.
Adeola, Adedeji. "IMPACT OF FRAUD DETECTION AND CONTROL MECHANISM ON BANK PERFORMANCE IN NIGERIA". Afribary.com, Afribary.com, 05 Jan. 2020. Web. 05 Mar. 2021. < https://afribary.com/works/impact-of-fraud-detection-and-control-mechanism-on-bank-performance-in-nigeria >.
Adeola, Adedeji. "IMPACT OF FRAUD DETECTION AND CONTROL MECHANISM ON BANK PERFORMANCE IN NIGERIA" Afribary.com (2020). Accessed March 05, 2021. https://afribary.com/works/impact-of-fraud-detection-and-control-mechanism-on-bank-performance-in-nigeria