International records / OpenAlex research

Effect of Internal Control System and Financial Accountability in Deposit Money Banks in Nigeria

The motivation for this research emanated from the need to curb unethical practices happening in the banking industry. The aim of the study is to determine the role of internal control system on financial accountability in Deposit Money Banks in Nigeria. Primary data was used for the study with the aid of questionnaire generated in a 4 Likert scale. Simple Linear Regression was used to test each of the hypotheses. The findings reveal that separation of duties, specified structure of the organization, proof measures in documents and records, physical control over assets and records proper proce…