2070-0083 (Online) Fraud and Fraudulent Practices in Nigeria Banking Industry (Pp. 240-256) Owolabi‚ S. A. - Accounting Department‚ Babcock University‚ Nigeria E-mail: emilagab05@yahoo.com Abstract The paper reviews the various forms of fraudulent practice their impact and inducement for various reforms in banking industry. It also mentions various legislations targeted at reducing fraud and introducing some forms of control and reporting systems. Various theories of fraud are examined and detailed
Premium Bank Fraud
University Of Bahrain Collage of Business Administration A Paper Highlighting: How accounting fraud has changed merger valuation Prepared For: Professor Omar Al-‐Jahmani Course: Advanced Financial Accounting (ACC 610) Term: Second Semester‚ 2012-‐2013 Prepared By: Mohamed
Premium Mergers and acquisitions Corporate finance Stock
Financial fraud is a significant problem faced by organizations of all types‚ sizes‚ locations and industries. Groupon company is trying to shed its image as a failed email-based daily-deals website after a lot of allegations of false financial accounting about their profit to the public. In this case Groupon has to go through again its business model about the spending and earnings for its company. It is expensive to hire 15‚000 workers that works for the company in sending email to Groupon subscribers
Premium Financial statements Fraud Stock market
Running head: ETHICS AND ORGANIZATIONS 1 Ethics and Organizations Case Study 1 Vernon Tilly Jr. University of Central Oklahoma ETHICS AND ORGANIZATIONS 2 In reference to the Aaron Beam and the HealthSouth Fraud case in our text Velasquez (2012)‚ the following questions from the text and my answers to these questions are provided as requested. 1. Which of the "obstacles to moral behavior do you see at work in Aaron Beam’s behavior and thinking? In Scrushy’s? The obstacles I see
Premium Morality Ethics
READINESS OF GOVERNMENT AUDITORS IN FRAUD DETECTION IN MALAYSIA 1.0 PROBLEM STATEMENT 1.1 Public sector governance requires the controlling and accounting officers to discharge their responsibilities of stewardship of public resources by being open‚ accountable‚ prudent in decision making‚ managing and delivering results. The provision of the Financial Procedure Act 1957 also places a high premium for controlling officers to be personally responsible and accountable for propriety and accountability
Premium Auditing Financial audit Audit
Designing Internal Control System To Minimize Fraud And This paper gives an introduction to Microfinance Institutions (MFIs) informal financial service delivery mechanism which are not under any regulatory framework like the formal sector. So‚ there is a necessity to internalize a built-in internal control system through self-regulation to mitigate exposure to risk in MFI. In 2.0 sound and reliable management system for MFIs through self-regulation are discussed. Section 3.0 discussed under internal
Premium Internal control Risk management Risk
Analysis on Credit Card Fraud Detection Methods 1 1 S. Benson Edwin Raj‚ 2A. Annie Portia Assistant Professor (SG)‚ P.G.‚ 2Scholar Department of CSE Karunya University‚ Coimbatore counter the credit card fraud effectively‚ it is necessary to understand the technologies involved in detecting credit card frauds and to identify various types of credit card frauds [20] [21] [22] . There are multiple algorithms for credit card fraud detection [21] [29]. They are artificial neural-network models which
Premium Artificial intelligence Machine learning Credit card
work. These thefts were alleged to have happened between August 2007 and March 2011. ("Former Patton State Hospital employees charged in $800‚000 payroll fraud case‚" n.d.) After criminal charges were filed‚ the State’s Controller’s office released an audit that uncovered inappropriate payroll methods resulting in over $900‚000 in payroll theft between July 2010 and July 2013. ("Former Patton State Hospital employees charged in $800‚000 payroll fraud case‚" n.d.) The Paton State Hospital administration
Premium Fraud Enron Audit
Chapter 1--The Nature of Fraud MULTIPLE CHOICE 1. One way that criminal law differs from civil law is that it: a. | Provides remedies for violations of private rights. | b. | Must yield a unanimous verdict. | c. | Can have a jury of fewer than 12 persons. | d. | Allows for various claims in one action. | ANS: B | Feedback | A | Incorrect. This is a characteristic of civil law; criminal law deals with crimes against the public. | B | Correct. Criminal trials must
Premium Law Criminal law Crime
Journal of Forensic & Investigative Accounting Vol. 2‚ Issue 2 Bankruptcy and Fraud Analysis: Shorting and Selling Stocks Hugh Grove Tom Cook Eric Streeper Greg Throckmorton* To auditors‚ investors‚ fund managers‚ short sellers‚ and other external users‚ fraud and bankruptcy models may serve as important tools in analyzing the financial information presented by companies. Along with the earnings management ratios‚ quality of earnings and quality of revenue (Schilit 2003)‚ more elaborate
Premium Balance sheet Revenue Generally Accepted Accounting Principles