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

PROPOSAL

The issue of fraud has become a serious food for through fro many corporate bodies in recent time. Consequently more time is spent on board meeting in an attempt to find situation the perastert 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 leyman duration, 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 holl plc lever brothers nig, pls, pz industries plc and today they exist as multinational mega industries. The contribution of small scale industries to the economy are:

Promotion of even development and fair distribution of industrial activities throughout the country. 

Rapid expansion and diversification of the industries and before investment. 

Transformation and modernization of traditional industries. 

In order to prevent and detect fraud in small scale industries god 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 frictition 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 

1.0introduction 

1.1the background of the study 

1.2scope of the study

1.3significance of the study 

1.4the problem of the study 

1.5limitation of the study 

1.6 research hypothesis 

CHAPTER TWO

2.0literature review 

2.1categories of fraud 

2.2farm of fraud

2.3detection of frauds 

2.4prevention of frauds 

2.5frauds prevention in the banking industry 

CHAPTER THREE

3.0research methodology 

3.1population distinction 

3.2population size 

3.3sampling method 

3.4data collection method 

3.5da1ta presentation and analysis 

CHAPTER FOUR 

4.0analysis and presentation of result

4.1brief history of case study 

4.2data presentation and analysis 

4.3testing of hypothesis 

4.4discuss of test result 

4.5discussion of test result 

CHAPTER FIVE

5.0summary, conclusion and recommendation 

5.1summary of findings 

5.2conclusion 

5.3Recommendation 

References 

Appendix