[pic] [pic][pic][pic][pic][pic] JOURNAL OF RESEARCH IN NATIONAL DEVELOPMENT VOLUME 8 NO 1‚ JUNE‚ 2010 THE ROLE OF AUDITORS IN FRAUD DETECTION‚ PREVENTION AND REPORTING IN NIGERIA Akinyomi Oladele John Department of Financial Studies‚ Redeemer’s University‚ Mowe E-mail: delejohn21@yahoo.com Abstract This study investigates the role of auditors in the detection‚ prevention and reporting of fraud. Data were obtained from 184 respondents in Nigeria. The findings revealed that the respondents
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Author Name: Ishita Dixit E-mail ID: ishita.dsnlu@gmail.com Mob. no.: 9959609269 Affiliation: Damodaram Sanjivayya National Law University‚ Vishakhapatnam‚ (A.P.) Designation: IVth year student‚ B.A. LL.B (Hons.) Co-Author Name: Trishna Roy E-mail ID: trishnaroy.legal@gmail.com Mob. no.: 8179971519 Affiliation: Damodaram Sanjivayya National Law University‚ Vishakhapatnam‚ (A.P.) Designation: IInd year student‚ B.A. LL.B (Hons.) THEME: - IMPORTANCE OF FORENSICM ACCOUNTING IN DETECTING FINANCIAL
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In 1996‚ HIPPA established the Health Care Fraud and Abuse Control Program (HCFAC) to help combat medical billing and health care fraud. Fraud is an act done with the knowledge that you are doing wrong. Fraud is the intentional deception and misrepresentation that is to result in an unauthorized benefit. Abuse is the charging of services that are not medically necessary. False claim schemes are the most common type of health insurance fraud. The reasoning to do fraud is to obtain undeserved payments
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ADVOCATES FOR INTERNATIONAL DEVELOPMENT AT A GLANCE GUIDE TO BASIC PRINCIPLES OF ENGLISH CONTRACT LAW Prepared by lawyers from www.a4id.org TABLE OF CONTENTS I FORMATION OF A CONTRACT A. OFFER B. ACCEPTANCE C. CONSIDERATION D. CONTRACTUAL INTENTION E. FORM II CONTENTS OF A CONTRACT A. EXPRESS TERMS B. IMPLIED TERMS III THE END OF A CONTRACT – EXPIRATION‚ TERMINATION‚ VITIATION‚ FRUSTRATION A EXPIRATION B TERMINATION C VITIATION D FRUSTRATION
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representation is a misrepresentation. ! There are three different types of misrepresentations:! ! 1. Innocent misrepresentation - an untrue statement not made fraudulently. Maybe made carelessly or with reasonable belief.! 2. Negligent misrepresentation - is a statement made without reasonable grounds for belief in its truth.! 3. Fraudulent misrepresentation - untrue statement made intending to recklessly no caring whether its true or not. ! All three type of misrepresentation could give the
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promise about the creak. - Exceptions to the PER – Particularly whether the contract was partly oral “the promise” and partly written. - Collateral Contract – Was the promise about the creak a separate collateral contract? - Misrepresentation – What type? Fraudulent‚ innocent or negligent
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PREPARED BY Agbo Ene Joy Ihuoma Accounting Department Are Babalola University ABSTRACT The Central Bank of Nigeria reported that the backward development of Nigeria was attributable to weakness in the internal control systems of the banks. This has clearly pointed out the picture of how fraud is being penetrated in the financial strength of Nigerian banks. In a nut-shell ‚ the damage which the menace‚ called fraud has done to the banks is innumerable and needs urgent attention. Internal
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AIG Accounting Scandal Contents 1.0 Introduction ………………………………………………. 2 1.1 Overview of AIG …………………………………….. 2 2.0 Scandal Methodology Used by the Company………… 3 2.1 Accounting Practices Errors ……………………….. 3 3.1 Ways to Hide Accounting Improprieties ………………. 4 4.1 Who the scandal effected ………………………………. 7 5.1 Recommendations ………………………………………. 8 6.1 Conclusions ………………………………………………. 9 7.1 References ………………………………………………. 10
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Negligence: All the necessary elements of negligence must be proven by the plaintiff‚ and any possible defence must be countered‚ in order to successfully sue someone for negligence • Negligence is a tort‚ involving another person’s failure to take reasonable care in circumstances where their conduct might foreseeably cause us harm or loss. What is a tort? • The Law of Torts is concerned with minimum standards of conduct expected between people. • To establish liability
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TABL1710 Contract law Contract- AGREEMENT concerning PROMISES between 2 or more parties LEGAL RIGHTS & OBLIGATIONS Elements for legally binding contract: Intention- must have evidence to INTEND to make legal contract ‘Subject to contract’ NOT in final form MASTERS V CAMERON (no contract until conditions met) Implied intention: Social (friends)‚ family‚ domestic‚ voluntary NO INTENTION BALFOUR V BALFOUR (husband & wife- no agreement) COHEN V COHEN WAKELING V RIPLEY (seriousness- big sacrifice)
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