Assessment of the Impact of the Effectiveness of Internal Control Systems on Fraud Prevention and Detection in Global Bank Ethiopia S.C
| dc.contributor.advisor | Alem Hagos (PhD) | |
| dc.contributor.author | Masresha Endalew | |
| dc.date.accessioned | 2025-03-06T14:02:10Z | |
| dc.date.available | 2025-03-06T14:02:10Z | |
| dc.date.issued | 2024-06-03 | |
| dc.description.abstract | This research aimed to evaluate the effect of Global Bank Ethiopia's S.C (GBE) internal control system in deterring fraud. Specifically, the research investigated the primary causes of fraud within GBE, assessed the implementation of internal control mechanisms, and evaluated their success in detecting and preventing fraudulent activities. A structured questionnaire was used as a primary data collection instrument to select employees of GBE by purposive and convenient means. Items of the questionnaire were measured on the ranking scale. 57 employees from ten branches and audit department of the bank were sampled. The research investigated various components of GBE's internal control framework, including the control environment, risk assessment procedures, implemented control activities, information flow and communication protocols, and monitoring practices. Data analysis was done using descriptive and inferential statistics. The research found that employees of the bank perceived that; poor internal control system, presence of unqualified staff, inadequate staffing, poor record-keeping practices, and inadequate training and re-training of staff among others were the main causes of fraud. All aspects of internal control system were strongly implemented and practiced by the bank. Internal control system was effective in controlling fraud in the bank in various forms. Fraud had negative and insignificant effect on the performance of the bank. The research recommends the continuous practice of the internal control system to ensure that fraud of any form is reduced to the barest minimum. | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/4933 | |
| dc.language.iso | en | |
| dc.publisher | A.A.U | |
| dc.title | Assessment of the Impact of the Effectiveness of Internal Control Systems on Fraud Prevention and Detection in Global Bank Ethiopia S.C | |
| dc.type | Thesis |