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Effect of Forensic Accounting on Accountability Evidence from Ministry of Finance, Awka

Journal: International Journal of Trend in Scientific Research and Development (Vol.4, No. 2)

Publication Date:

Authors : ;

Page : 707-714

Keywords : Accounting and Finance; Forensic Accounting; Accountability and public sector;

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Abstract

The main objective of the study is to determine the effect of forensic accounting on accountability in Anambra state ministry of finance, Awka, the specific objectives are to ascertain the extent forensic accounting practices ensure accountability in Anambra state ministry of finance and to determine whether lack of forensic accounting practices led to fraudulent activities in Anambra state ministry of finance. The study used survey research design and data were collected from questionnaires distributed from the targeted respondents. Data collected were tested using t test statistical tool. The result shows that forensic accounting practices ensure accountability in Anambra state ministry of finance and lack of forensic accounting practices led to fraudulent activities in Anambra state ministry of finance. The study recommended that government should consider providing more fraud hotlines, improve the whistle blowing policy and establish forensic accounting department in the public sector in order to enhance the fraud detective and preventive mechanism in the public sector. Ofurum, Darlington I | Falope, Femi J | Clement Ikwuoche G. (ACA) ""Effect of Forensic Accounting on Accountability: Evidence from Ministry of Finance, Awka"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30129.pdf Paper Url : https://www.ijtsrd.com/management/accounting-and-finance/30129/effect-of-forensic-accounting-on-accountability-evidence-from-ministry-of-finance-awka/ofurum-darlington-i

Last modified: 2020-05-12 19:26:09