FORENSIC ACCOUNTING AND AUDIT: A WAY OF PREVENTING PERPETUAL CORPORATE FRAUD IN NIGERIA BANKING INDUSTRIES

This study looked at forensic accounting and audit as a way of preventing corporate fraud in the Nigerian banking industry. To achieve this, research questions were raised and hypothesis formulated. While primary data was used for the study, data collection were presented in tables and analyzes done using simple percentages. Chi-square, Pearson product moment and correlation coefficient methods were used for testing of hypotheses. Result obtained indicates that forensic accounting could be a valuable tool in inspecting corporate governance. This could then help to curb the menace of corporate crime in Nigeria. The study recommends that banks should develop interest in forensic accounting and accountants for monitoring and investigation of suspected and confirm fraudulent activities.