Empirical Analysis of The Impact of Information Technology On Forensic Accounting Practice In Cross River State- Nigeria

Abstract- The increasing rate of computer based financial crime has created a huge demand for the skills and services provided by forensic Accountants in the country. Forensic Accountants are specialized individuals who use information technology to gather and analyze evidence pertaining to the case they investigate. The main objective of this study was to investigate empirically the impact of emerging information technology on forensic accounting activities in Cross River State. A survey using self-administered interview was conducted to achieve this objective. Forty 40 interviews were conducted with various accounting professionals who are directly or indirectly linked to the business of investigative accounting. Data collected were analyzed using ANOVA statistic. The results of the study revealed that accounting professionals need to enhance their knowledge and skills of computerized accounting systems for the purpose of planning directing supervising and reviewing the work performed. Therefore accounting professionals should better understand and evaluate their computerized accounting systems to enable them carry out more effectively the business of investigative accounting now and in the future.