THE IMPACT OF AUDITING
FRAUD PREVENTION IN AN ORGANIZATION
(A CASE STUDY OF
NIGERIAN BOTTLING COMPANY PLC)
ABSTRACT
This research topic is
the most of auditing in fraud prevention and control in an organization.
Nigerian Bottling Company plc is chosen as a case study. The research topic has
been chosen in order to investigate. Among the objectives of this study is to
identify the factor responsible for weak internal control in an organization in
Nigerian bottling company plc, both primary and secondary sources of data are
used in gathering the data, hypothesis were formulated and Hi was accepted and
the researcher concluded there is no proper documentation of security
documents. Lastly, the researcher recommended that provision of sufficient and
adequate salaries and wages to the staff so as to avoid looting of the board’s
money
TABLE OF CONTENTS
Title
page — — — — — — — — — — — — — —- — — — — — —-
—- i
Declaration
page — — — — — — — —– — — — — — — — — — — — — — ii
Approval
page —- — — – — — — — — — — — — — — — — — — — — — — — – iii
Dedication
— — — — — — – — — — – — — — – — — — — — – — — – —
— iv
Acknowledgement
— — — — — — — — — — — — — – —– — — — — — –
v
Abstract
— — — — — — — — — — — — — — — — — — — — — — — — — —
— – vi
Table
of content — — — — — — —— —– —— — — — —- — —
— vii
CHAPTER ONE
1.0
Introduction — — —
—- — —- — — — — — — — — — — —– 1
1.1
Background of the study
— — — — — — — — —- — — — —- 2
1.2
Statement of problem —
— — — — — — —- — — —
—- — — – 5
1.3
Objective of the study
— — — — — — — — — — — —- — — — 6
1.4
Statement of the
hypothesis — — — — — — — — — — — — — 7
1.5
Significant of the
study — — — — — — — — — — — — — — — — – 7
1.6
Scope of the study —
— — — — — — — — — — — — — — — – – 8
1.7
Historical background
of Nigerian Bottling Company. — — — — —
9
1.8
Definition of terms —
— — — — — — — — — —- — —- — — — 12
CHAPTER TWO: LITERATURE
REVIEW
2.1 Concept of internal audit — — — —
— — — — — — — — —– 14
2.2 Concept of frauds — — — — — — —
— — — — — — — — — – — — 19
2.3 Independent of internal audit department
—- — — — — — — — — – 22
2.4 Nature of the internal audit activity — —
— — — — — — — — — — — — 24
2.5
Fraud and its cost in public sector —
—- — — — — — — — — — — — 27
2.6 Nature of accounting — — — — — — —
—- — — — — — — — — —- – — 29
2.7 Conclusion — — — — — — – — — —
— – — — — — — – — — — — —
33
2.8 Summary — — — — — — — — — — — —
— — —— — — — — — — — — 33
CHAPTER THREE: RESEARCH
METHODOLOGY
3.1 Research design — — — — – —- — —-
— — — — — — — — — — — — 35
3.2 Research population — — — — – —- —
—- — — — — — — — — — — 35
3.3 Sample size and sampling technique — — —
— – —- — —- — — — – 35
3.4 Method of data collection — — — — –
—- — —- — — — — — — — — 37
3.5 Justification of method — — — — – —-
— —- — — — — — — — — — – 37
3.6 Method of data analysis — — — — – —-
— —- — — — — — — — — — 39
3.7 Justification of instrument used. — — —
— – —- — —- — — — — — 39
CHAPTER FOUR:
PRESENTATION AND
ANALYSIS OF DATA
4.0 Introduction — — — — – —- — —- —
— — — — — — — — — — — — — 40
4.1 Data presentation and analysis — — — —
– —- — —- — — — — — — 40
4.2 Testing of hypothesis — — — — – —- —
—- — — — — — — — — — — 48
4.3 Summary of
Findings — — — — — — — — — — — — — — — — — — 51
CHAPTER FIVE:
SUMMARY CONCLUSION AND
RECOMMENDATION
5.1 Summary — — — — — — ——
—– —— — — — —- — — — 52
5.2 Conclusion — — — — — — ——
—– —— — — — —- — — – 53
5.3 Recommendation — — — — — —
—— —– —— — — — —– 54
5.4 Limitation of the study — — — — —
— —— —– —— — — — 55
References— — — — — —
—— —– —— — — — —- — — – 56
Appendix — — — — — — — —
—– — — — — — — — — — — — — —
58