IMPACT OF FORENSIC ACCOUNTING ON COMBATING FRAUD IN NIGERIAN BANKING INDUSTRY

Raymond A. Ezejiofor (1) , Nkiru Peace Nwakoby (1) , Jane F. N. Okoye, (1)

1 NAU-UNIZIK - Nnamdi Azikiwe University

This study determine the impact of forensic accounting in combating fraudulent activities in order to ensure good corporate governance practice in Nigerian banking sector. Two hypotheses were formulated in line with the objectives of the study. Survey method was adopted and data were collected through the use of questionnaire. Data collected from sample of fifty five (55) respondents from commercial banks in Awka, Anambra state and were analyzed with five point likert's scale. The two hypotheses formulated were tested using t-test statistical techniques with aid of SPSS version 20.0. The study found among others Forensic accounting is an effective tool for addressing financial crimes in the banking system. Also the forensic audit necessitated in ensuring corporate governance in corporate organizations. Based on this, the study recommended among others the apex bank need to engage the service of forensic accounting to compliment efforts of other professional in reducing fraudulent activities in order to ensure corporate governance in financial sector.

Mots clés: Forensic accounting; financial fraud and banking industry

Domaines: Economies et finances; Gestion et management

Raymond A. Ezejiofor, Nkiru Peace Nwakoby, Jane F. N. Okoye,. IMPACT OF FORENSIC ACCOUNTING ON COMBATING FRAUD IN NIGERIAN BANKING INDUSTRY. International Journal of Academic Research in Management and Business, 2016, 1 (1), pp.1-19. ⟨halshs-01359758⟩