divisionalisation
DECLARATION OF ORGINALTY
AND WORD ACCOUNT
I hereby declare that the graduation project is based on my original work except quotations and citations, which has been duly acknowledged. I also declare that it has not been previously or concurrently submitted for any other course/degree at Help
University or other institutions. The word count is 10,052 words.
NGUYEN THI HIEN
E0700282
i
ACKNOWLEDGEMENT
First of all, I would like to express my sincere appreciation to my supervisor,
Dr. Nguyen Hong Quan who has guided me throughout this study. His constant guidance, insightful suggestions, and constructive ideas are the essential inputs and encouragement for me in order to complete this study.
The next, I would like to acknowledge to all manager, auditors and bankers who allowed and assisted me to collect all of necessary information for me to get this study done. Without their contribution, I could not be able to gather much information for my research.
Lastly, I would also like to extend my heartfelt gratitude to my friends for their continuous support, encouragement and contribution, which have been crucial during the presentation of this report.
My study cannot be finished without your supports.
THANKS FOR EVERYONE
ii
FRAUD AND RESPONSIBILITIES OF AUDITOR
IN DETECTING AND PREVENTING OF FRAUD
BY
NGUYEN THI HIEN
OCTOBER 2011
Supervisor: NGUYEN HONG QUAN
ABSTRACT
The purpose of this paper is to discuss about the fraud and the responsibilities of auditor in detecting and preventing of fraud. Fraud can be considered as most concerning problem of the business. Because of this have more effect to all most of companies in the world. However, the companies can make more motivations from fraudulent activities, then, this trend is being likely continued in the futures. There are many types of fraud such as accounting fraud, investment frauds, financial fraud, etc. Fraud is one of the big issues to make more damage
AND WORD ACCOUNT
I hereby declare that the graduation project is based on my original work except quotations and citations, which has been duly acknowledged. I also declare that it has not been previously or concurrently submitted for any other course/degree at Help
University or other institutions. The word count is 10,052 words.
NGUYEN THI HIEN
E0700282
i
ACKNOWLEDGEMENT
First of all, I would like to express my sincere appreciation to my supervisor,
Dr. Nguyen Hong Quan who has guided me throughout this study. His constant guidance, insightful suggestions, and constructive ideas are the essential inputs and encouragement for me in order to complete this study.
The next, I would like to acknowledge to all manager, auditors and bankers who allowed and assisted me to collect all of necessary information for me to get this study done. Without their contribution, I could not be able to gather much information for my research.
Lastly, I would also like to extend my heartfelt gratitude to my friends for their continuous support, encouragement and contribution, which have been crucial during the presentation of this report.
My study cannot be finished without your supports.
THANKS FOR EVERYONE
ii
FRAUD AND RESPONSIBILITIES OF AUDITOR
IN DETECTING AND PREVENTING OF FRAUD
BY
NGUYEN THI HIEN
OCTOBER 2011
Supervisor: NGUYEN HONG QUAN
ABSTRACT
The purpose of this paper is to discuss about the fraud and the responsibilities of auditor in detecting and preventing of fraud. Fraud can be considered as most concerning problem of the business. Because of this have more effect to all most of companies in the world. However, the companies can make more motivations from fraudulent activities, then, this trend is being likely continued in the futures. There are many types of fraud such as accounting fraud, investment frauds, financial fraud, etc. Fraud is one of the big issues to make more damage
References: 1. Alleyne, P. & Howard, M. 2005. An exploratory study of auditors‟ responsibility for fraud detection in Barbados 2. Brink, V.Z. & Witt, H. 1982, Internal Auditing.John Wiley & Sons: New York, NY 3. Aderibigbe, P. and Dada, S. O. (2007): Microauditing Principles. Lagos ICAN Students Journal,Vol 11 No 1, Jan/March. 4. Pollick, M.Y. (2006). What is Fraud: http://www.wisegeek.com/what-isfraud.htm Accessed: 15 February 2010. 5. Porter, B. (1997): Auditors’ responsibilities with respect to corporate fraud: a controversial issue, in Sherer, M 8. Accounting Standards Board. 1988. "The Auditor 's Responsibility to Detect and Report Errors and Irregularities." 11. Knapp, Michael C. 1999. "Lincoln Savings and Loan Association." Contemporary Auditing: Issues and Cases 12. Federal Bureau of Investigation. 1984. Uniform Crime Reports. US overnment Printing Office. 13. Adeduro, A.A. (1998): “An investigation into frauds in banks”. An unpublished thesis of University of Lagos. 17. Boynton, W., Johnson, R. & Kell, W. (2005). Assurance and the integrity of financial reporting 20. Apostolou, B. A., J. M. Hassell, S. A. Webber, and G. E. Sumners. 2001. The relative importance of management fraud risk factors