THE PREVENTION AND DETECTION OF FRAUD IN SMALL SCALE INDUSTRIES IN NIGERIA

THE PROPOSAL

The issue of fraud has become a serious food for through fro many corporate bodies in recent time. Consequently more time is spent on board meeting in an attempt to find situation the perastert fraudulent practice among management and non management staffs.

And frauds is a wrongful or criminal deception intends to result in financial or personal gain, while fraud is a deliberate misrepresentation while cause another persone be suffer damage. Fraud occurs when someone gains somethings of value usually money of property.

While small scale industries are defined by the Nigeria industrial policy as those with total investment between one hundred thousand naira (100,000.00) and two million naira (2m) exclusive of land but including working capital.

And in the leyman drrution, small scale is a business that is start with little capital. It is therefore evident from the above that most of the big company conglomentes today started as small and many as one man business like A.G levents nig. Plc, john holl plc lever brothers nig, pls, pz industries plc and today they exist as multinational mega industries. The contribution of small scale industries to the economy are:

• promotion of even development and fair distributioin of industrial activities throughout the country.
• Rapid expansion and diversification of the industrie and before investment.
• Transformation and modernization of traditional industries.

In order to prevent and detect fraud in small scale industries god internal control. Provide a working environment in which good employees are not tempted to do something they would not ordinarily do.

And  internal control includes the prevention of potential problems as well as the early detection. And correction of actual problem should they occur.

The most common type of fraud by employeed is frictition lean other common forms of fraud are the use of in transit or suspense account and kickbacks.

TABLE OF CONTENTS

Title page

Dedication

Declaration

Certification

Acknowledgement

Table of content

Chapter one

1. introduction
   1. the background of the study
   1. scope of the study
   1. significance of the study
   1. the problem of the study
   1. limitation of the study
   1.  research hypothesis

chapter two

• literature review
  • categories of fraud
  • farm of fraud
  • detection of frauds
  • prevention of frauds
  • frauds prevention in the banking industry

chapter three

• research methodology
  • population detinction
  • population size
  • sampling method
  • data collection method
  • da1ta presentation and analysis

chapter four

• analysis and presentation of result
  • brief history of case study
  • data presentation and analysis
  • testing of hypothesis
  • discuss of test result
  • discussion of test result

chapter five

• summary, conclusion and recommendation
  • summary of findings
  • conclusion
  • recommendation

references

appendix

CHAPTER ONE

INTRODUCTION

The term fraud, refer to an international misrepresentation of financial information by one of more individual among management employees or third parties. The issue of fraud has become a serious food for times. Consequently more time is spent on board meeting in an attempt to find section to the persistent fraudulent practice among management and non management staffs. FRAUDFRAUD should not be left lying occurs in any establishment will determine the long term survival and growth of the company. If not handled with care it can lead to corporate failure. The resporability for the prevention and detection of fraud rests within management through effective implementation and continues operation of an adequate system of internal control. The internal control system is defied in the audit standard and guideline approved by the council that the association of certified accountant (ACA as the whole system of control, financial and otherwise established by the management in order to carry on the business of the enterprises in orderly and efficient management and also adherence to policies of the management.