The Role of External Auditors in Fraud Detection

THE ROLE OF EXTERNAL AUDITORS IN FRAUD DETECTION (A CASE STUDY OF UNION BANK OF NIGERIA PLC. ENUGU BRANCH)

 The heritage illustrated dictionary of the English language defines fraud as “a deception deliberately practiced in order to secure unfair or awful gain”.  Fraud is simply an international wrongful act with the purpose of deceiving or causing harm to another company or party.  An important characteristic of fraud is the interest of the wrong does. [Read more…]

Accounting System in Community Banking

Accounting System in Community Banking

Accounting System in Community Banking – The type of accounting information required by any business organization depends on the nature and operations depend on the nature and operations of the business enterprise.  The nature of accounting system in a manufacturing industry hence the banking industry has its own accounting system to cover its banking operations while other industries like manufacturing companies have different accounting systems to take care of their various operations. [Read more…]