-THE EFFECTIVENESS OF FORENSIC ACCOUNTANTS IN STRENGTHENING INTERNAL CONTROL OF BUISNESS ORGANIZATIONS IN NIGERIA (A STUDY OF SELECTED BUISNESS ORGANIZATIONS IN NIGERIA)
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Abstract
Description
The research work examined the effectiveness of forensic accountants in strengthening internal
control of business organizations in Nigeria. Companies were chosen due to the important role
they play in increasing the level of economic activity. The study aimed at investigating how fraud
can be managed and handled in business organizations. The research work is a survey research
and the sampling technique employed was the purposive sampling with a sample of jive
companies that was selected. A total of 100 copies of questionnaire were distributed to the staff
of the selected business organizations. The data collected were analyzed using Statistical
Packages for Social Sciences (SPSS). All the hypotheses were tested using Regression Analysis.
The results of the empirical findings showed that internal control and its components play a
significant role in controlling fraud in business organizations. it is recommended that internal
control should be undertaken with effective continuous monitoring of the controls and companies
should be stricter with compliance to control procedures.
Keywords
HF5601 Accounting