%0 Journal Article %1 okoli2023preventive %A Okoli, C.I. %A Nwannah, L.N. %D 2023 %J International Journal of Recent Innovations in Academic Research %K Fraud Funds Universities %N 12 %P 48-54 %R https://doi.org/10.5281/zenodo.10604274 %T Preventive Level for Controlling Misappropriation of Funds in Universities in South-East Nigeria %U https://www.ijriar.com/docs/2023/2023-dec/IJRIAR-06.pdf %V 7 %X This study ascertained the preventive level for controlling misappropriation of funds in universities in South-East Nigeria. One research question guided the study and one null hypothesis was tested. Descriptive survey research design was adopted for the study. The population comprised 652 account officers in ten public universities of South-East, Nigeria. The sample size of 248 account officers was selected from ten universities in the area using Taro Yamane’s formula. The instrument for data collection was 11-item structured questionnaire. The instrument was validated by three experts. Cronbach’s alpha was used to determine the internal consistency of the items instrument reliability co-efficient value of 0.93. Mean and standard deviation were used to answer the research questions, while Analysis of Variance was used to test the null hypothesis at 0.05 level of significance. The findings of the study revealed that account officers in universities in South-East Nigeria rated preventive level for controlling misappropriation of funds at a moderately level. The account officers’ years of work experience in universities in South-East Nigeria do not significantly influenced their mean ratings on the preventive level for controlling misappropriation of funds. The study concluded that preventive level for controlling of misappropriation of funds in universities by account officers in South-East Nigeria is not much sufficient. It was therefore recommended among others that, the National Universities Commission (NUC) should therefore ensure that account officers used high preventive level for controlling misappropriation of funds. And it is needed their accounting curricula for the training of business education (account educators/students) in university institutions.

@article{okoli2023preventive, abstract = {This study ascertained the preventive level for controlling misappropriation of funds in universities in South-East Nigeria. One research question guided the study and one null hypothesis was tested. Descriptive survey research design was adopted for the study. The population comprised 652 account officers in ten public universities of South-East, Nigeria. The sample size of 248 account officers was selected from ten universities in the area using Taro Yamane’s formula. The instrument for data collection was 11-item structured questionnaire. The instrument was validated by three experts. Cronbach’s alpha was used to determine the internal consistency of the items instrument reliability co-efficient value of 0.93. Mean and standard deviation were used to answer the research questions, while Analysis of Variance was used to test the null hypothesis at 0.05 level of significance. The findings of the study revealed that account officers in universities in South-East Nigeria rated preventive level for controlling misappropriation of funds at a moderately level. The account officers’ years of work experience in universities in South-East Nigeria do not significantly influenced their mean ratings on the preventive level for controlling misappropriation of funds. The study concluded that preventive level for controlling of misappropriation of funds in universities by account officers in South-East Nigeria is not much sufficient. It was therefore recommended among others that, the National Universities Commission (NUC) should therefore ensure that account officers used high preventive level for controlling misappropriation of funds. And it is needed their accounting curricula for the training of business education (account educators/students) in university institutions.}, added-at = {2024-02-06T08:26:14.000+0100}, author = {Okoli, C.I. and Nwannah, L.N.}, biburl = {https://www.bibsonomy.org/bibtex/2607f3a3a40b824211b951094a22551b2/ijriar_journal}, doi = {https://doi.org/10.5281/zenodo.10604274}, interhash = {e20031ec643b000e9a43bd94f7aeede0}, intrahash = {607f3a3a40b824211b951094a22551b2}, issn = {E-ISSN: 2635-3040 & P-ISSN: 2659-1561}, journal = {International Journal of Recent Innovations in Academic Research}, keywords = {Fraud Funds Universities}, language = {English}, month = {December}, number = 12, pages = {48-54}, timestamp = {2024-02-06T09:31:35.000+0100}, title = {Preventive Level for Controlling Misappropriation of Funds in Universities in South-East Nigeria}, url = {https://www.ijriar.com/docs/2023/2023-dec/IJRIAR-06.pdf}, volume = 7, year = 2023 }