Forensic Accounting and Financial F

Forensic Accounting and Financial Fraud in Nigeria: An Empirical Approach
Kennedy Prince Modugu
Department of Accounting
Faculty of Management Sciences
University of Benin, Nigeria.
Dr. J. O. Anyaduba
Department of Accounting
Faculty of Management Sciences
University of Benin, Nigeria.
Abstract
With an upsurge in financial accounting fraud in the global economy, forensic accounting has become an
emerging topic of great importance for academic, research and industries. The objective of the study is to
examine forensic accounting and financial fraud in Nigeria. Specifically, the study examined if there is significant
agreement amongst stakeholders on the effectiveness of forensic accounting in financial fraud control, financial
reporting and internal control quality. The survey design was used in the study with a sample size of 143
consisting of accountants, management staffs, practicing auditors and shareholders. The simple random
technique was utilized in selecting the sample size, while the binomial test was employed in the data analysis. The
findings of the study indicate that there is significant agreement amongst stakeholders on the effectiveness of
forensic accounting in fraud control, financial reporting and internal control quality. In line with the above
findings, we recommend that the Institute of Chartered Accountants of Nigeria, Association of National
Accountants of Nigeria and the National Universities Commission should encourage formalization and
specialization in the field forensic accounting. In addition, the government should stimulate interest in forensic
accounting for monitoring and investigation of suspected corruption cases.
Key Words: Forensic accounting, financial fraud, stakeholders, chartered accountants
Introduction
Forensic accounting is perceived to have evolved in response to certain emerging fraud related cases. The
scandals that recently rocked the corporate world with classical examples being the often cited Enron and
WorldCom cases have also brought the field of forensic accounting to the forefront. Forensic accounting is seen
as encapsulating all other investigation related areas in uncovering financial fraud. The increasing sophistication
of financial fraud requires that forensic accounting be added to the tools necessary to bring about the successful
investigation and prosecution of those individuals involved in criminal activities.

ผลลัพธ์ (อังกฤษ) 2:

Forensic Accounting and Financial Fraud in Nigeria: An Empirical Approach.
Kennedy Prince Modugu
Department of Accounting
Faculty of Management Sciences
University of Benin, Nigeria.
Dr. JO Anyaduba
Department of Accounting
Faculty of Management Sciences
University of Benin, Nigeria.
Abstract
With an upsurge in The Global Economy Fraud in Financial accounting, Forensic accounting has Become an.
emerging Topic of Great importance for Academic, Research and Industries. The Objective of The Study is to.
examine Forensic accounting and Financial Fraud in Nigeria. Specifically, The Study examined IF there is significant.
Agreement Amongst stakeholders on The effectiveness of Forensic accounting Fraud in Financial Control, Financial.
Reporting and internal Quality Control. The Survey was Used in The Design Study with a Sample size of 143.
consisting of Accountants, Management staffs, practicing Auditors and shareholders. The Simple random
Technique was utilized in Selecting The Sample size, while The binomial test was employed in The Data analysis. The
findings indicate that there is significant Study of The Agreement on Amongst The effectiveness of stakeholders.
Forensic accounting in Fraud Control, Financial Reporting and internal Quality Control. In Line with The above
findings, The Institute of Chartered Accountants We recommend that of Nigeria, National Association of.
Accountants of Nigeria and The National Universities Commission should Encourage and formalization.
Specialization in The Field Forensic accounting. In addition, The Government should stimulate interest in Forensic.
accounting for Monitoring and Investigation of suspected Corruption Cases.
Key Words: Forensic accounting, Financial Fraud, stakeholders, chartered Accountants.
Introduction
Forensic accounting is perceived to Have Evolved in Response to Certain emerging Fraud Related Cases. The
scandals that recently rocked with The Corporate World Classical examples being The Enron and often cited.
WorldCom Cases Have The Field of Forensic accounting also brought to The Forefront. Forensic accounting is seen
As encapsulating all Related Other areas in Uncovering Financial Fraud Investigation. The Increasing sophistication
of Financial Fraud Forensic accounting Requires that be Added to The Tools necessary to Bring About The Successful.
Investigation and prosecution of those Individuals Involved in Criminal activities.

ผลลัพธ์ (อังกฤษ) 3:

Forensic Accounting and Financial Fraud in Nigeria: An Empirical Approach
Kennedy Prince Modugu
Department of Accounting
Faculty. Of Management Sciences
University, of Benin Nigeria.
Dr. J. O. Anyaduba
Department of Accounting
Faculty of Management Sciences
University. Of Benin Nigeria.

, Abstract With an upsurge in financial accounting fraud in the global economy forensic accounting, has. Become an
.Emerging topic of great importance, for academic research and industries. The objective of the study is to
examine forensic. Accounting and financial fraud in Nigeria. Specifically the study, examined if there is significant
agreement amongst stakeholders. On the effectiveness of forensic accounting in financial, fraud control financial
reporting and internal control quality.The survey design was used in the study with a sample size of 143
consisting of accountants management staffs practicing,,, Auditors and shareholders. The simple random
technique was utilized in selecting the sample size while the, binomial test. Was employed in the data analysis. The
findings of the study indicate that there is significant agreement amongst stakeholders. On the effectiveness of
.Forensic accounting in, fraud control financial reporting and internal control quality. In line with the above
findings,, We recommend that the Institute of Chartered Accountants of Nigeria Association of, National
Accountants of Nigeria and. The National Universities Commission should encourage formalization and
specialization in the field forensic, accounting. In, additionThe government should stimulate interest in forensic
accounting for monitoring and investigation of suspected corruption. Cases.
Key Words: Forensic accounting financial fraud,,, stakeholders chartered accountants

Forensic Introduction accounting. Is perceived to have evolved in response to certain emerging fraud related cases. The
.Scandals that recently rocked the corporate world with classical examples being the often cited Enron and
WorldCom cases. Have also brought the field of forensic accounting to the forefront. Forensic accounting is seen
as encapsulating all other. Investigation related areas in uncovering financial fraud. The increasing sophistication
.Of financial fraud requires that forensic accounting be added to the tools necessary to bring about the successful
investigation. And prosecution of those individuals involved in criminal activities.