Home»Accountancy» The effect of internal control on fraud prevention in public sector organisations - case study of Federal Medical Centre, Asaba, Delta state

The effect of internal control on fraud prevention in public sector organisations - case study of Federal Medical Centre, Asaba, Delta state

 Department:Accountancy  
 By:usericon Alexander  

 Project ID: 7944
 Rating:  (5.0) votes: 1
   Price:₦3000
Abstract
This study evaluated the effect of internal control on fraud prevention in public sector organizations, the objective of this study was to examine the importance and role of internal control on fraud prevention in public sector organizations'' performance to identify various fraudulent practices in the public sector and to explore ways of fraud disclosure in financial statement as well as offer solution for their prevention. The research design adopted a case study approach and the study was conducted in the Federal Medical Centre (FMC), Asaba, the instrument used for data collection was the questionnaire which was analyzed using the chi-square method. The study reviews the effect of internal control on fraud prevention in public sectors as well as the existence of fraudulent practices in public sector organizations. The researcher therefore recommends that public sector organisations should engage the services of qualified auditors, accountants and other professionals to audit and prepare financial statements so that fraud in public sector organizations can drastically be reduced and possibly eliminated....
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