The Effects of Forensic Accounting Technology on Fraud Detection in Nigeria
Umar Abbas Ibrahim · Nile Journal of Business and Economics · 2020
The study explored and explained forensic accounting technology and how it influences fraud detection in Nigeria. The objective of the study was to examine forensic accounting technological influence on fraud detection in Nigeria. A literature review was conducted to set up the conceptual and theoretical framework for the study. A qualitative approach was used by administering questionnaires with both structured and semi structured questions. A total of 38 Investigators from the Economic and Financial Crimes Commission (EFCC) were used as sample for the study. It revealed a significant relationship between forensic accounting technological tools and fraud detection in Nigeria. The study concluded that despite all fraudulent activities, forensic accounting is solving fraud issues and using technology to aid fraud detection. It was recommended for practitioners to engage in further training on forensic accounting technological tools and invest in research within this area.