Accounting information systems and fraud detection and preventions: a case study of Mutare City Council 2015-2017
Katerere, Misheck K.
MetadataShow full item record
The study sought to evaluate the effectiveness of accounting information systems in fraud detection and prevention in Mutare City Council as a case study. The research was guided by the following objectives; to determine the challenges associated with using accounting information systems in fraud detection and prevention in Mutare City Council, to identify types, or the nature of frauds at Mutare City Council, To investigate the effectiveness of accounting information systems in fraud detection prevention in Mutare City Council, To recommend accounting information systems tools and software packages that can be used in fraud detection and prevention. A Qualitative and Quantitative study coupled by descriptive case study was conducted in order to achieve the objectives of this research. Graphs, tables and pie charts were used for data presentation and the results were analysed using Micro Soft Excel Software Packages. Simple random sampling and judgmental sampling were used as sampling techniques. The population comprised fifty-four people and a sample size of thirty-five were taken from the internal audit members, management committee members, and general employees, all drawn from Mutare city Council. The response rate of questionnaires administered was 94% and the overall interview response rate was 85%. The study found out that the types of fraud prevalent at Mutare city Council are accounting fraud, banking fraud, pyramid schemes and computer fraud. The research concluded that accounting fraud is the most prevalent type of fraud. The researcher found out that major challenges being faced at Mutare city Council are intentional entry of bad data by employees, different level of efficiency, real time reporting and numerous risks. The research concluded that intentional entry of data by the employees as most dominant challenge at Mutare city Council. The research findings were that accounting information systems is effective as it is timeless, accurate, secured and compatible with accounting software system implemented in fraud detection and prevention. The study recommends that Zimbabwean legislative system should increase the penalties regarding fraud related crimes. Furthermore, the Mutare city Council should keep up with the continuous technological development and the maintenance of the security and safety of the information. Conclusively, the management of Mutare city council should make use of Automated Accounting information systems software packages, because it has higher speed in processing tasks and data.