Internal Audit Techniques and Fraud Rate in Tertiary Institutions: A Study of University of Calabar
DOI:
https://doi.org/10.33003/jocaf-2026.v1i2.12.91-101Keywords:
Internal audit techniques, fraud rate, risk-based auditing, forensic auditing, continuous auditing techniques, data analyticsAbstract
This study examined internal audit techniques and the fraud rate at the University of Calabar. The specific objectives were to: evaluate the effect of risk-based auditing on the fraud rate in the University of Calabar; examine the role of forensic auditing in reducing the fraud rate in the University of Calabar; assess the effectiveness of continuous auditing techniques in fraud rate in the University of Calabar; and determine the influence of data analytics on the fraud rate in the University of Calabar. The study adopted a survey research design. The population of this study comprised Bursary staff, totaling eight hundred and thirty (830). The study used simple random sampling and primary sources. The study presented the collected data in tables and percentages. This study used multiple regression analysis. The results revealed thus: there was a negative and significant effect of risk-based auditing on the fraud rate; there was a significant effect of forensic auditing in reducing the fraud rate; there was a positive significant effect of continuous auditing techniques in fraud rate; and there was a significant effect of data analytics on the fraud rate in University of Calabar. The study recommended that organizations should adopt advanced audit techniques such as data analytics and continuous auditing. Regulatory bodies should also enforce compliance with audit standards. Organizations should invest in technology to support modern audit practices.
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Copyright (c) 2026 Haruna Sezuo Adamu, U E Usang Obal, Blessing Andem Effiong (Author)
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