1.1 Scope and Limitation of Study. 2
1.3 Significance of the Study. 3
2.3 Causes and Extent of Fraud in Private and Public Sector15
2.5 Prevention and Detection of Fraud. 19
2.6 Audit Procedures as Recommended to check the Alarming Rate of Fraudulent Activities 31
3.2 Data Collection Methods. 37
3.3 Sampling Method Adopted. 38
4.0 Presentation and Analysis of Data. 40
4.2 Administration of Questionnaire. 40
5.0 Summary Conclusion and Recommendation.. 54
Both public and private sector in Nigeria have relied extensively and entirely on profits for their survival and in return to maximise shareholders wealth. The accomplishment of these objectives depends on factors like; the introduction of modern technology, dedicated and efficient management, highly skilled and experienced manpower, adequate knowledge and understanding of the economic system as well as the ability to effectively compete with the other competitors. However, the objectives have not been fully achieved.
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