The impact of basic forensic accounting skills on financial reporting credibility among listed firms in Nigeria.
No Thumbnail Available
Date
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Description
The paper aims at evaluating the impact of basic forensic accounting skills viz:
communication skills, technical & analytical skills, accounting & auditing skills and psycho-social
skills on the financial reporting credibility of listed organisations in Nigeria. The scope of the
study is composed of firms quoted on the Nigerian Stock Exchange as at January, 2018 while the
study population is the users and auditors of the financial reports produced by these entities. The
users of financial reports are represented by investment advisers which a segment of capital
market operators while the auditors are represented by the Big 4 Audit Firms operating in Nigeria
as at January, 2018. The research design employed is the survey approach by which primary data
was collected from the sample respondents described above while the multivariate analysis was
conducted to highlight the impact of the selected independent variables on financial reporting. It
was found that, with the exception of communication skills which exhibited a negative but
significant impact, all the other basic forensic accounting skills exert positive and significant
impact on the methods by which an organization reports her financials. It is prescribed that
aspiring forensic accountants should be adequately trained to be able to practice the profession
satisfactorily.
Keywords
HF Commerce, HF5601 Accounting