Accounting and Finance Dissertation

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Browsing Accounting and Finance Dissertation by Subject "Accounting frauds"

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    Impact of Internal Control Over Accounting Fraud in Public Enterprises in Addis Ababa
    (Addis Ababa University, 2011-06) Negash, Tekalign; Laxmikantham, Laxmikantham (PhD)
    This study was conducted on impacts of internal control over accounting frauds in public enterprises in Addis Ababa. In general the paper uses sequential mixed methodology. Data are collected by using a self-administered survey which has both open ended and closed ended question. The questionnaire was given to both auditors and accountant who are found at different level. After feeding(inserting) the collected data in to SPSS for analyzing purpose; the researcher found that some of the company’s internal controls are strong enough so that the possibility of accounting frauds which expected to happen is very low as compared to those surveyed public enterprises which are characterized by weak internal control. In general the reasons which plays a greater role in motivating and pushing peoples to commit accounting frauds includes personal finance al losses, living beyond once means, Lack of internal controls that prevent or detect fraud, ignorance and incapacity, and lack of an audit trial. The types of accounting frauds that is committed in the public enterprises are depend on the nature of the activity they undertakes and includes violating principles, manipulating of sales, manipulating of stocks(inventories), and manipulating revenues and expenses. Finally respondents agree that even if internal control is the best weapon to overcome accounting fraud related problems; it has to be supplemented by other issues like setting a code of conduct, training employees and consult about the ethical issues. Key words: Accounting frauds, Fraud triangle, Internal control