Internal audit functions and fraud detection in government agencies:
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Date
2015-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
The study was untaken with the aim of establishing the relationship between internal audit and
fraud detection in government agencies. The objectives of the study were to establish the
nature of the internal audit function, to establish the level of fraud detection and to find out the
relationship between the nature of the internal audit function and the level of fraud detection in
government.
The study was carried out in national agricultural research organization the methodology of the
research was qualitative and it was a desk research where views of different authors were
collected, synthesized, presented and interpreted. The findings of the study show threat to the
audit reports normally have recommendations on the way forward, that the organization has
appropriate procedures to fight fraud and the relationship show that the increased focus reflects
the internal audit function in government agencies.
The researcher concluded that, internal audit function can be detect fraud in government
agencies, the financial statement tends and ratios affect the fraud function, there should be a
telephone hotline to detect fraud and the recommendations of the study including NARO
should implement all the required measure to detect fraud and should put forward strategies to
detect fraud
NARO should implement all the required measure to detect fraud in government agencies. This
will increase the performance levels of the agencies. NARO should also put forward strategies
to detect fraud and this will help the internal auditors to know who is likely to carry out fraud in
any government agency. There should also be strict punishments for whoever is a victim of
fraud in any government agency and these rules should be published and strictly followed by
all the government agencies.
Description
A dissertation submitted to the School of Business and Management studies in partial fulfillment of the Requirements for the Award of Bachelor’s Degree in Business Administration of Kampala International University
Keywords
Internal audit functions, Fraud detection, Government agencies, Agricultural research organization, Uganda