Detection And Prevention Of Financial Fraud In Banks
Complete Detection And Prevention Of Financial Fraud In Banks Project Materials (Chapters 1 to 5):
Banks deal essentially in cash financial instruments and other documents which are generally of a negotiable and easily transferable in nature. Hence it is very pertinent to say that the exposure of the banks to both internal and external fraud is very great. This practices is very common to areas involving cash, cheques and fund transfer operations.
Much research and thought are increasingly being directed towards the study of the causes of fraud in banks because of its effect on banking and the entire economy.
Recent study carried out by financial Institute training centre, Lagos showed that cause of fraud reported annually between 1989 and 1998 was about 500 and the annual average money involved in attempted fraud was thirty –six million naira while the annual average amount lost to banks and customers was sixteen million naira. It may not be said to be said to be an over statement that these figures may have risen geometrically upward afterwards when about seventy eight percent of our banking operation are going to the rural areas where poor Institutional and infrastructural factors militate against efficient and effective checks on the branches in these rural areas.
Another problem facing our nations banking system is that of long queues. Frustration, delays and disappointment being experienced in the banking halls by customer whole either paying in or withdrawing their hard earned money.
Title Page
Approval Page
Certification
Dedication
Acknowledgement
Abstract
Table of Content
CHAPTER ONE
1.0 Introduction 1
1.1 Background of the Study 1
1.2 Statement of the Problem 3
1.3 Purpose of Objective of the Study 5
1.4 Significance of the Study 6
1.5 Limitation of the Study 7
References 8
CHAPTER TWO
Review of Related Literature
CHAPTER THREE 3.0
Research Design and Methodology 3.1 Source of Data (Secondary Sources Only) 3.2 Location of Data 3.3 Method of Data Collection (Literature work only)
CHAPTER FOUR
Findings
CHAPTER FIVE
Recommendation and Conclusion
INTRODUCTION 1.1 BACKGROUND OF STUDY There has been no single accepted definition to the term “fraud”. Fraud in whatever forms is limitless on classification. This is why courts andBanks deal essentially in cash financial instruments and other documents which are generally of a negotiable and easily transferable in nature. Hence it is very pertinent to say that the exposure of the banks to both internal and external fraud is very great. This practices is very common to areas involving cash, cheques and fund transfer operations.
Much research and thought are increasingly being directed towards the study of the causes of fraud in banks because of its effect on banking and the entire economy.
Recent study carried out by financial Institute training centre, Lagos showed that cause of fraud reported annually between 1989 and 1998 was about 500 and the annual average money involved in attempted fraud was thirty –six million naira while the annual average amount lost to banks and customers was sixteen million naira. It may not be said to be said to be an over statement that these figures may have risen geometrically upward afterwards when about seventy eight percent of our banking operation are going to the rural areas where poor Institutional and infrastructural factors militate against efficient and effective checks on the branches in these rural areas.
Another problem facing our nations banking system is that of long queues. Frustration, delays and disappointment being experienced in the banking halls by customer whole either paying in or withdrawing their hard earned money
The introduction of Detection And Prevention Of Financial Fraud In Banks should start with the relevant background information of the study, clearly define the specific problem that it addresses, outline the main object, discuss the scope and any limitation that may affect the outcome of your findings
Literature Review of Detection And Prevention Of Financial Fraud In Banks should start with an overview of existing research, theoretical framework and identify any gaps in the existing literature and explain how it will address the gaps
Methodology of Detection And Prevention Of Financial Fraud In Banks should describe the overall design of your project, detail the methods and tools used to collect data explain the techniques used to analyse the collected data and discuss any ethical issues related to your project
Results should include presentation of findings and interpretation of results
The discussion section of Detection And Prevention Of Financial Fraud In Banks should Interpret the implications of your findings, address any limitations of your study and discuss the broader implications of your findings
The conclusion of Detection And Prevention Of Financial Fraud In Banks should include summarize the main results and conclusions of your project, provide recommendations based on your findings and offer any concluding remarks on the project.
References should List all the sources cited in Detection And Prevention Of Financial Fraud In Banks project by following the required citation style (e.g., APA, MLA, Chicago).
The appendices section should Include any additional materials that support your project (Detection And Prevention Of Financial Fraud In Banks) but are too detailed for the main chapters such as raw data, detailed calculations etc.