Importance and Usefulness of The Forensic Audit: A Critical Review
DOI:
https://doi.org/10.33516/maj.v56i10.63-65pKeywords:
No Keywords.Abstract
The article aims to highlight the importance and usefulness of forensic audits. The methodology employed for the study is a systematic review of the literature. The study findings revealed that forensic audit plays a critical role in minimizing and preventing financial fraud. The forensic audit has established itself as a strategic tool for the success of the business.Downloads
Downloads
Published
How to Cite
Issue
Section
References
Adesina, K., Erin, O., Ajetunmobi, O., Ilogho, S., & Asiriuwa, O. (2020). Does forensic audit influence fraud control? Evidence from Nigerian deposit money banks. Banks and Bank Systems, 15(2), 214.
Akinadewo, I. S. & Akinkoye, E. Y. (2019). Application of Forensic Accounting on Fraud Detection in Nigerian Deposit Money Banks (DMBs). Proceedings of the 15th RSEP International Conference on Economics, Finance & Social Sciences, 26-28 November 2019, University of Washington Rome Center, Rome, Italy, ISBN: 978-605-80676-8-4/ December 2019
AMAH, K. C. (2018). Forensic Auditing and Productivity of Nigeria Civil Service. Federal University Otuoke Library.
Asaolu, T. O., Akinkoye, E. Y., & Akinadewo, I. S. (2020). Forensic accounting skills and tax evasion detection in Lagos State, Nigeria. The Business & Management Review, 11(1), 17-24. Oluwapelumi, O. S. 2021. The Role of Forensic Audit on Management Frauds in Nigerian Deposit Money Banks. International Journal of Accounting, Finance and Risk Management, 6(3), 69-75.
Asuquo, A. I. (2012). Empirical analysis of the impact of information technology on forensic accounting practice in Cross River StateNigeria. International journal of scientific and technology research, 1(7), 25-33.
Eiya, O., Otalor, J. I., & Awili, C. (2013). Forensic accounting as a tool for fighting financial crime in Nigeria. Research Journal of Finance and Accounting, 4(6), 18-25.
Ekechukwu, C., Chidubem, U. T., & Mbah, P. C. 2018. Effect of Forensic Accounting on the Performance of Nigerian Banking Sector.Journal of Banking Financial Services and Insurance Research, 8(5)
Enofe, A. O., Omagbon, P., & Ehigiator, F. I. (2015). Forensic audit and corporate fraud. International Journal of Economics and Business Management, 1(7), 1-10.
Gaikwad, A., & Varade, C( 2017). Forensic Accounting: A Paradigm Shift in Accounting and Audit.
Kurnaz, N., Köksal, İ., & Ulusoy, T. (2019). Forensic accounting in financial fraud control in digital environment: A research on independent auditors.
Kutus, M. O., Gbegi, D. O., & Ojile, A. C. 2018. Enhancing Public Confidence in Audit Reports of Listed Insurance Companies in Nigeria: Forensic Audit Perspective.Journal of Modern Accounting and Auditing, 14(11), 583-596.
Mojsoska, S., & Dujovski, N. (2015). Recognizing of forensic accounting and forensic audit in the South-Eastern European countries. JE-Eur. Crim. L, 212.
Nandini, N. S., & Ajay, R. 2021.A Study on Impact of Forensic Audit towards Investigation and Prevention of Frauds.Asian Journal of Management, 12(2), 186-
Njanike, K., Dube, T., & Mashayanye, E. (2009). The effectiveness of forensic auditing in detecting, investigating, and preventing bank frauds.
Okoroyibo, E. E. & Omorogie, N. A. E. (2019). Effect of Forensic Accounting on the Performance of Nigerian Banking Sector. International Journal of Academic Management Science Research (IJAMSR), 3(9), 8-13.
Okoye, E. I., & Gbegi, D. O. (2013). Forensic accounting: A tool for fraud detection and prevention in the public sector. (A study of selected ministries in Kogi state). Okoye, EI & Gbegi, DO (2013). Forensic Accounting: A Tool for Fraud Detection and Prevention in the Public Sector. (A Study of Selected Ministries in Kogi State). International Journal of Academic Research in Business and Social Sciences, 3(3), 1-19.
Okoye, K. R. E., & Obialor, (2020) U. G. Forensic Investigation and Forensic Audit Methodology: Remedy to Fraudulent Practices in a Computerized Work Environment.
Oyedokun, G. (2015). Forensic investigation and forensic audit methodology in a computerized work environment. Available at SSRN 2593263.
Smith, G. S., & Crumbley, D. L. (2009). Defining a forensic audit. Journal of Digital Forensics, Security and Law, 4(1), 3
Temitope, O. A., Muturi, W., & Nasieku, T. 2016. Forensic Accountant’s Responsibility Competency a Panacea to Narrowing Audit Expectation Gap among Nigeria Money Deposit Banks.European Journal of Business, Economics and Accountancy, 4(2), 20-36.
Free Sample
Editorial Policy
