The Prevention and Detection of Fraud in Small Scale Industries in Nigeria (A Case Study of Adegoke Group of Companies Ibadan)

 PROPOSAL

The issue of fraud has become a serious food for thought for many corporate bodies in recent time. Consequently more time is spent on board meeting in an attempt to find situation the persistent fraudulent practice among management and non management staffs.

And frauds is a wrongful or criminal deception intends to result in financial or personal gain, while fraud is a deliberate misrepresentation while cause another person be suffer damage. Fraud occurs when someone gains something’s of value usually money of property. While small scale industries are defined by the Nigeria industrial policy as those with total investment between one hundred thousand naira (100,000.00) and two million naira (2m) exclusive of land but including working capital. And in the layman definition, small scale is a business that is start with little capital. It is therefore evident from the above that most of the big company complements today started as small and many as one man business like A.G levels nig. Plc, John Holt plc lever brothers’ nig, plc pz industries plc and today they exist as multinational mega industries. The contribution of small scale industries to the economy are:

v    Promotion of even development and fair distribution

of industrial activities throughout the country.

v    Rapid expansion and diversification of the

Industries and before investment.

v    Transformation and modernization of traditional

industries.

In order to prevent and detect fraud in small scale industries good internal control. Provide a working environment in which good employees are not tempted to do something they would not ordinarily do.

And internal control includes the prevention of potential problems as well as the early detection. And correction of actual problem should they occur.

The most common type of fraud by employed is fictitious lean other common forms of fraud are the use of in transit or suspense account and kickbacks.

TABLE OF CONTENTS

Title page

Dedication

Declaration

Certification

Acknowledgement

Table of content

CHAPTER ONE

1.0      Introduction

1.1          The background of the study

1.2           the problem of the study

1.3          Significance of the study

1.4          Scope of the study

1.5          Limitation of the study

1.6           research hypothesis

 

CHAPTER TWO

2.0      Literature review

2.1      Categories of fraud

2.2      Farm of fraud

2.3      Prevention of frauds

2.4      Detection of fraud

2.5      Frauds prevention in the banking industry

CHAPTER THREE

2.6      Research methodology

2.7          Population definition

2.8          Population size

2.9          Sampling method

2.10      Data collection method

2.11      Data presentation and analysis technique

CHAPTER FOUR

3.0      Presentation and analysis of result

3.1      Brief history of case study

3.2      Data presentation and analysis

3.3      Testing of hypothesis

3.4      Discuss of test result

3.5      Discussion of test result

CHAPTER FIVE

4.0      summary, conclusion and recommendation

4.1      summary of findings

4.2      conclusion

4.3      Recommendation

References

Appendix