EFFECT OF FORENSICS ACCOUNTING SERVICES ON FRAUD MANAGEMENT IN LISTED DEPOSIT MONEY BANKS IN NIGERIA
Abstract
The study examined the effect of forensic accounting on fraud management in listed deposit money banks in Nigeria. The study adopted survey method using convenience sampling technique in selecting ninety (90) respondents from 3 banks namely UBA Bank, GT Bank and Eco Bank in Oyo Metropolis. Simple percentage was used to analyze socio economic information and research questions while Chi-square was used to test the research hypotheses. The study reveals that forensic accounting will not only help to deter fraudulent activities in Nigeria but provides the essential tools needed to reduce fraud in Nigerian banks. The concluded that forensic accounting has significant effect on financial crime in Nigeria. It is recommended that the management of the banks should emphasize and enhance use of forensic financial information as this will help in increasing their profitability.
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