Prevention Of Fraud Through Control Techniques (a Survey Of Selected Firms In Port Harcourt)

ABSTRACT The alarming rate at which fraud is being perpetrated in the business world has been a thing of great concern to the accountancy profession and well – meaning individuals in the society. This has given rise to discourses in the academic papers, etc. on circumstances that lead to fraud perpetration and ways of curbing this menance. A study was conducted to determine the extent of fraud in companies in Port Harcourt and Aba and the control techniques that could be adopted to prevent fraud. It was discovered that fraud is perpetrated by mostly staff in conjunction with people outside the…