The Role Of Internal Auditors In Fraud Detection And Prevention In Banks In Nigeria

CHAPTER ONE INTRODUCTION 1.0      Background of the study A closer look at institutions in our society shows that a lot of businesses are folding up due to fraudulent acts. Both the management and the employees indulge in activities that can bring down an institution, and ignorance of the roles of an internal auditor is also a problem. Auditors give a fair account of the financial statement of an institution as put together by both the management and employees. Internal control is of much importance in achieving a company’s goals and objectives. Internal control helps institutions carry out st…