FORENSIC ACCOUNTING PRACTICES AND INFLUENCING FACTORS: EVIDENCE FROM PROFESSIONAL ACCOUNTANTS IN LAGOS

Simple item page
dc.contributor.authorAbdullahi, Abdulrasheed Taiwo
dc.contributor.authorMustapha, Abdulrazaq
dc.contributor.authorSalaudeen, Ibrahim
dc.contributor.authorShuaib, Abdul-hakeem
dc.contributor.authorSubair, Muhammed Lawal
dc.date.accessioned2026-04-21T11:06:28Z
dc.date.available2026-04-21T11:06:28Z
dc.date.issued2024
dc.descriptionThis study examines how forensic accounting practices, professional regulation, and institutional factors affect the effectiveness of forensic accounting in Lagos, Nigeria. Using survey data from professional accountants, it finds that forensic accounting significantly improves fraud detection and financial accountability. Professional regulation also strengthens these outcomes, though to a slightly lesser extent. Institutional factors show a weaker impact, suggesting gaps in support systems and infrastructure. The study concludes that stronger regulations and institutional frameworks are essential to enhance forensic accounting effectiveness and combat financial crimes.
dc.description.abstractThis study investigates the impact of forensic accounting practices, professional regulation, and institutional factors on the effectiveness of forensic accounting among professional accountants in Lagos, Nigeria. With increasing financial crimes and fraud across various sectors, forensic accounting has emerged as a critical tool for detecting and preventing these issues. However, the effectiveness of forensic accounting practices can be influenced by the regulatory environment and institutional factors. Using a quantitative research approach, data was collected from 200 professional accountants through structured questionnaires. The findings reveal that forensic accounting practices significantly enhance financial accountability and fraud detection, with a strong positive relationship (β = 0.58, p < 0.01). Professional regulation also plays a crucial role, positively impacting forensic accounting outcomes (β = 0.42, p = 0.007), although to a slightly lesser degree. Institutional factors showed a positive but marginally significant effect (β = 0.35, p = 0.055), indicating the need for stronger institutional support to further enhance forensic accounting practices. The study highlights the importance of a robust regulatory framework and institutional infrastructure in improving forensic accounting practices. The results have important implications for policymakers, regulators, and professional bodies, emphasizing the need to strengthen professional regulations and institutional frameworks to maximize the effectiveness of forensic accounting in fraud prevention and financial accountability in Nigeria. Future research should explore additional contextual factors that may influence forensic accounting practices in other regions
dc.description.sponsorshipSelf-sponsored
dc.identifier.citationAbdullahi, A. T., Mustapha, A., SALAUDEEN, I., SHUAIB, A.-H., Olumoh, Y. A., & Subair, M. L. (2024). FORENSIC ACCOUNTING PRACTICES AND INFLUENCING FACTORS: EVIDENCE FROM PROFESSIONAL ACCOUNTANTS IN LAGOS. 1st International Conference of Management and Social Sciences (ICOMSS), 1(1), 102–117. https://doi.org/10.5281/zenodo.17497571
dc.identifier.urihttps://kwasuspace.kwasu.edu.ng/handle/123456789/6613
dc.language.isoen
dc.publisherFaculty of Management and Social Sciences
dc.relation.ispartofseries1; 1
dc.titleFORENSIC ACCOUNTING PRACTICES AND INFLUENCING FACTORS: EVIDENCE FROM PROFESSIONAL ACCOUNTANTS IN LAGOS
dc.typeArticle
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
FORENSIC ACCOUNTING ICOMSS 2024 Conference Proceedings-114-129.pdf
Size:
640.87 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed to upon submission
Description:
Download
Collections
Scholarly Publication