An Empirical Investigation of the Computerised Accounting Information Systems Frauds in Licensed Banks in Sri Lanka

21 Pages Posted: 13 Mar 2017

Date Written: 2015

Abstract

The objective of this paper is to investigate the trends in frauds of computerised accounting information systems in Sri Lankan licensed banks. Sri Lankan licensed banking sector which is the most feasible service industry contributing enormously to the growth of the country. Security controls of Computerise accounting information system in the corporate sector is taken into consideration as this is currently a growing trend around the world. The core objective is to identify the frauds in the computerised accounting information systems in licensed banks in Sri Lanka.

Critical reviews of past literature indicate a clear cut connection between fraud deductions in CAIS through security control systems. In order to find out the applicability of this relationship Sri Lanka, research will be undertaken in licence banks in Colombo region. The report consists secondary data which facilitate to achieve the aforementioned objectives. Secondary data analysis the existing computerized frauds in licensed banks as well as existing security control systems in licensed bank in Sri Lanka. However in secondary data analysis it clearly illustrate the computerized accounting frauds have been increased drastically. So licensed banks should have to implement the more security control systems to overcome those problems.

Keywords: Computerised accounting information systems frauds, Fraud detection, Security control systems, Licensed banks

Suggested Citation

Gunawardana, Kennedy, An Empirical Investigation of the Computerised Accounting Information Systems Frauds in Licensed Banks in Sri Lanka (2015). Available at SSRN: https://ssrn.com/abstract=2932007 or http://dx.doi.org/10.2139/ssrn.2932007

Kennedy Gunawardana (Contact Author)

University of Sri Jayewardenepura ( email )

Nugegoda
Gandodawila
Gangodawila, Nugegoda 10250
Sri Lanka

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