Role Of Internal Auditors In Prevention Of Financial Irregularities Of Banks In Nigeria (A Study Of Ecobank Nigeria Plc)
ABSTRACT
This study analyzes the role of
internal auditors in prevention of financial irregularities of banks in
Nigeria. A study of Ecobank Nigeria PLC. The data for the study were collected
from primary sources from three (3) Ecobank branches in Aba, Abia State through
administration of questionnaires using the likert 5 point scaling survey method
to the sample size of the study Several statistical tools were used including
tables, simple percentages, and descriptive statistics and ordinary least
square based simple regression method of data analysis which was used to
analyze the data and test the hypotheses formulated. The study revealed that
2.5% of the role of internal auditor has a significant effect on fraud
prevention in banks in Nigeria. Also, it revealed that 2.1% of the internal
audit has a significant effect on control of banking operations in Nigeria. The
study also revealed that 0. 1% of the internal audit has a significant effect
on management support services. The study also recommends among other things
that, there should be adequate training of workers in the banking sector
especially the internal audit staff This will help in creating the much needed
understandings as to the roles of auditing. There should also be training of
operational staff to enhance operational performance thereby reducing exception
in operation.
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NNAKWU, C (2021). Role Of Internal Auditors In Prevention Of Financial Irregularities Of Banks In Nigeria (A Study Of Ecobank Nigeria Plc). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-prevention-of-financial-irregularities-of-banks-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2
CHIMEREUCHEYA, NNAKWU. "Role Of Internal Auditors In Prevention Of Financial Irregularities Of Banks In Nigeria (A Study Of Ecobank Nigeria Plc)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 28 Jul. 2021, https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-prevention-of-financial-irregularities-of-banks-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2. Accessed 26 Nov. 2024.
CHIMEREUCHEYA, NNAKWU. "Role Of Internal Auditors In Prevention Of Financial Irregularities Of Banks In Nigeria (A Study Of Ecobank Nigeria Plc)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 28 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-prevention-of-financial-irregularities-of-banks-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2 >.
CHIMEREUCHEYA, NNAKWU. "Role Of Internal Auditors In Prevention Of Financial Irregularities Of Banks In Nigeria (A Study Of Ecobank Nigeria Plc)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/role-of-internal-auditors-in-prevention-of-financial-irregularities-of-banks-in-nigeria-a-study-of-ecobank-nigeria-plc-7-2