The Roles Of Statutory Auditor In Controlling Fraud In Government Owned Establishment

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The Roles Of Statutory Auditor In Controlling Fraud In Government Owned Establishment

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PROJECT TOPIC AND MATERIAL ON THE ROLES OF STATUTORY AUDITOR IN CONTROLLING FRAUD IN GOVERNMENT OWNED ESTABLISHMENT

The Project File Details

  • Name: The Roles Of Statutory Auditor In Controlling Fraud In Government Owned Establishment
  • Type: PDF and MS Word (DOC)
  • Size: [70 KB]
  • Length: [56] Pages

 

 

CHAPTER ONE

INTRODUCTION

This chapter is concerned with the introduction of the research work. It deals with the background of the study, statement of problems, purpose of the study scope of the study research questions significance of the study and definition of terms.

1.1     BACKGROUND OF THE STUDY

It has said that the traditional role of financial accounting is to give account of stewardship to the owners of the business who was divorced from the management of the business. There is a need for accountability of money spent by various government statutory corporations, commissions, agencies, authorizations and al person entrusted in position of trust. The need for management and staffs of any government owned establishment to pilot the affairs of the organization effectively and efficiently when it comes to financial matters calls for appointment of a statutory auditor as stipulated by section 149 and 154 of companies act of 1968 and chartered accountant act of Nigeria of 1965 respectively.

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