Importance of Audit for Fraud Detection - Sainsbury's Case Study

This study aims to understand the importance of audit for big corporate houses in the detection of fraud, with a case study on Sainsbury's. The study will explore the concept of audit within corporate firms and identify the factors determining the success of Sainsbury's audit committee in enhancing the effectiveness of financial statements. It will also investigate the challenges faced by Sainsbury's in improving its financial performance.

Project Information
Title of Study
“To understand the importance of audit for big corporate house in detection of fraud” – Case
Study on Sainsbury's
Primary purpose of the study
• To study the concept of audit within corporate firms.
• To identify the factors determining success of Sainsbury's audit committee to enhance
effectiveness of financial statement.
• To investigate the challenges of audit which Sainsbury’s face while improving its financial
performance.
Where will the proposed research take place?
In UK on Sainsbury's
How will the costs of the study be met?
Through meeting the set objectivesand drwaing valid outcomes along with performing all actvitirs
within sepecifed timeframe.
Previous Approvals
Has the proposed study been considered by any other ethics committee?
Yes
No
0
Purpose, justification, design and methodology
Please give a full summary of the purpose, justification, design and
methodology of the planned study: (word limit 1000 words)
use of positivism philosophy and quantitative mean of investigation is made for curret investigation.
How has the scientific quality of the proposed research project been assessed?
Independent external review
Review within a company
Review within a multi-centre research group
Review within the principal investigator’s institution

Review within the research team
Review by supervisor/director of studies
Other
0
Sample Size
Please explain/justify your intended sample size:
50 employees of Sainsbury
0
Analysis and Presentation
Please explain how you will analyse, present/disseminate the data you intend to
collect:
With the help of pie chart and frequency table.
Interviews/Questionnaires
Does the proposed research involve the use of individual/group interviews
or questionnaires?
questionnaire for this study as a test instrument
Yes
No
0
Impact on Participants
Please provide details of how you will recruit participants to your study:
From 50 employees of Sainsbury.
Will participants be from any of the following groups? (Please tick all that
apply)
Children under 16
Adults with learning disabilities

Adults with a terminal illness
Adults in emergency situations
Adults with mental illness (particularly if detained under the mental health act)
Adults with dementia
Adults in Scotland who are unable to consent for themselves
Those who could be considered to have a particularly dependent relationship with the
investigator
Other
None of the above
Are there any special pressures which would make it difficult for potential
participants to refuse to take part in your study? (e.g., relationship to the
investigator?)
No
Will study participants be paid to take part?
Yes
No
What is the expected duration of participation in the study for each
participant?
2-3 moths
Will informed consent be obtained from study participants?
Yes
No
Is the study likely to cause any discomfort or distress, either physical or
psychological (see UWS Guidelines for Ethical Practice in Research and
Scholarship)?
Yes
No
Does the proposed research involve any physically invasive procedures?
Yes
No
0

Other ethical considerations
Does the proposed research involve deception regarding aims, objectives or
the identity of the investigator?
Yes
No
Will research participants be debriefed after their participation?
Yes
No
Are there any other Ethical Considerations you wish to bring to the attention
of the committee?
Yes
No
0
Personal Data
What measures will you put in place to ensure the confidentiality of personal
data gathered during your study?
Implication of data protection act
Who will have access to the data collected during the study and how will you
keep it confidential?
With Tutor and researcher only to keep data confidential