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AN EVALUATION OF CONTROL MEASURES IN MONEY DEPOSIT BANKS IN NIGERIA

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AN E OF CONTROL MEASURES IN MONEY DEPOSIT BANKS IN ERIA

 

 

ABSTR

This study was intended to evaluate of control measures in money deposit banks in Nigeria. This study was guided by the following objectives;

to determine whether the lack of a good control measure is a major cause of fraud in banks and to determine whether banks with internal control systems can prevent the menace of fraud.

The study employed a descriptive and explanatory design; questionnaires in addition to library research were in order to collect data.

Primary and secondary data sources were used and data were analyzed using the chi-square statistical tool at 5% level of significance which was presented in frequency tables and percentages. The respondents under the study were 100 staff of selected banks in Abuja, , Nigeria.

The study findings revealed that lack of a good control measure is a major cause of fraud in banks; based on the findings from the study, it was recommended that control measures should be put in place in banks to control fraud.

 

 

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AN EVALUATION OF CONTROL MEASURES IN MONEY DEPOSIT BANKS IN NIGERIA

 

 

AN E OF CONTROL MEASURES IN MONEY DEPOSIT BANKS IN ERIA

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