文章基本信息

标题：Assessment of the Adequacy of External Auditing in Disclosing Fraud in Nigerian Commercial Banks
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作者：Zachariah Peter ; Musa Jerry ; Ibrahim Danjuma 等
期刊名称：Research Journal of Finance and Accounting
印刷版ISSN：2222-1697
出版年度：2012
卷号：3
期号：6
页码：149-156
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The primary purpose of auditing is to determine the true and fair view of the financial statements and investigation relates to checking of particular record for a specific purpose. The investigations launched by the financial regulators and other stakeholders into the cases of distressed banks revealed that accountants and auditors have not done their work properly. As a result of that, this study aims at assessing the adequacy of audit in disclosing fraud in commercial Banks of Nigeria. To achieve the objectives of the study, primary and secondary data were used. One hundred (150) questionnaires were administered to the study respondents that were purposively selected from eleven (11) commercial banks in Yola, auditing firms and shareholders. Guided interviews were also conducted with some of the respondents. Analysis of Variance (ANOVA) was employed to test the research hypothesis. The analysis of responses gathered revealed that the external audit is not adequate in revealing fraud. Based on the finding, the study recommended that an interim audit should be made mandatory in the commercial banks by the regulatory authority along side forensic audit as it will reduce the gravity of frauds in commercial banks.
关键词：Assessment; A uditors’ report; Fraud; Management; Nigeria; Commercial banks