Paper URL: https://www.ijtsrd.com/management/public-sector-management/28122/forensic-auditing-and-public-sector-fraud-detection-in-rivers-state-nigeria/ekwe-michael-c
ugc approved science journal, languages journal, research papers
The study examined The need for forensic auditing in public sector fraud Reduction in Nigerian public sector. To achieve this objective, data was collected from secondary source which include press reports, report of Economic and Financial Crime Commission EFCC , Report of Independent and Corrupt Practices Commission ICPC and Report from investigation committees. Two hypotheses were tested with the use of simple regression analysis. The results revealed that there is a significant relationship between forensic audit and fraud reduction also, that an increase in Forensic Audit significantly leads to a decrease in the occurrence of fraud cases in Nigerian public sector. On the basis of this finding, the study concludes that the services of Professional Forensic Auditors are needed to help reduce the occurrence of fraud in Nigerian public sector. Consequently, the study suggests among others that the Federal Government of Nigeria should adopt the services of professional forensic auditors to help reduce the occurrence of fraud in Nigerian public sector.
How you can use your profession, talent, skill or influence to fight economic crimes and raise awareness against it.
How you can use your profession, talent, skill or influence to fight economic crimes and raise awareness against it.
The impact of economic crimes/fraud goes beyond financial loss as it takes a social and humanitarian toll on the lives it touches. It goes beyond Kenya losing over 17 billion to corruption over half a year to how much that money would have impacted a community around you.
Come to think of it, if we put pen to paper on just how much we lose to corruption and fraud; its enough to repay the…
Painting the picture of Economic Crime and what it entails.
Painting the picture of Economic Crime and what it entails.
Economic Crimes, candid yet practically controversial conversations we are having this July series. I know you may be thinking economic crimes are too far-fetched for you, but it’s closer home than you can imagine.
Think of a businessman intentionally burning down his insured premises to get compensation or you cause a road accident with your insured car and you have bribed a police officer to…