THE ROLE OF AUDITORS IN FRAUD DETECTION PREVENTION AND CONTROL IN THE MANUFACTURING INDUSTRY (A STUDY OF UNILEVER NIGERIA PLC)

Abstract

The centre and focused part of this paper, is to look at the roles auditors play in fraud detection, prevention, and control in manufacturing Industry. With the aid of the questionnaire which were distributed in Unilever Nigeria Plc, information were gotten that management had their roles to lay also in eradicating fraud and most importantly, an efficient audit department in an organization could help in fraud detection and also aid external auditors in the detection of fraud. The evaluation of accounting system and operational guardians on periodic basis also minimizes irregularities and fraud. From the hypothesis carried out as tested, it has been confirmed that the effect of fraud in an organization can be prevented and controlled with the help of an efficient audit department in an organization.