the study revealed that there was a statistically significant and positive relationship

between the adequacy of internal control systems and fraud prevention and detection
in district treasuries in Kakamega County. The study recommends that effective and
efficient internal control policies and procedures should be put in place to prevent
and detect fraud within district treasuries and other institutions.( Oguda Ndege
Joseph,2015)

Most researchers agree that strong internal controls are an influencing factor on fair
financial reporting and fraud prevention and detection. Financial statement and
employee fraud can be very expensive to businesses and the economy as a whole.(
Stacey Mirinaviciene,2014)

Infact that fraud will be difficult to eradicate completely. It is not surprising therefore that
while several hundreds of bank executives and other staff are being incarcerated and
imprisoned for fraud, others are busy planning and executing it; this is evident in the sharp
rise in fraudulent acts in 2001-2010 as seen earlier, while several thousands are being
dismissed on account of
fraud,( Idowu Abiola,2013)

ICS influence 67.7% of fraud risk management; control environment positively and significantly
influences fraud risk management and risk assessment positively and significantly influences fraud risk
management ( Ajowi Jack Odongo,2016)

there is a negative and significant relationship between financial governance control and
level of fraud prevention and detection while the relationship between reporting and
budget control and level of fraud prevention and detection was positive and significant. (
LEAH NJERI KABUE, 2012)
Reference

JosephO guda, " Effect of Internal Control on Fraud Detection and Prevention in
District Treasuries of kakamega County", International Journal of Business and
Management Invention, 2015.

Mirinaviciene Stacey, " INTERNAL CONTROL AND FRAUD PREVENTION:

PRIOR RESEARCH ANALYSIS" elektroninio leidinio, 2014.

Abiola Idowu, " Internal Control System on Fraud Detection: Nigeria Experience",
Journal of Accounting and Finance, 2013.

Odongo Ajowi , " Influence of Internal Control Systems on Fraud Risk Management
among Commercial Banks in Kisii Town, Kenya", Journal of Business and Management,
2016.

LEAH NJERI KABUE, " THE EFFECT OF INTERNAL CONTROLS ON FRAUD

DETECTION AND PREVENTION AMONG COMMERCIAL BANKS IN KENYA",
UNIVERSITY OF NAIROBI, 2012.