Impact of forensic accounting in investigating corporate governance in Kwara state - case study of Kwara State Universal Basic Education Board, Ilorin Department:Accountancy By: Eniolamoses Project ID: 8847 Rating: (5.0) votes: 1 Price:₦5000 Get the Complete MaterialAbstractThis study examines the impact of forensic accounting on investigating corporate governance within the Kwara State Universal Basic Education Board (KWSUBEB) in Ilorin, Nigeria. The increasing prevalence of financial fraud in Nigeria’s public sector necessitates robust mechanisms to enhance accountability and transparency. Forensic accounting, with its specialized investigative and auditing skills, has emerged as a critical tool for detecting and preventing financial irregularities. The study adopts a quantitative approach, utilizing a survey research design with a sample size of 370 respondents from KWSUBEB, determined through the Yamane formula and stratified random sampling. Data were collected via structured questionnaires and analyzed using descriptive and inferential statistics, including Pearson correlation and linear regression, with the aid of SPSS 16. Findings reveal a significant positive relationship between forensic accounting practices and fraud detection and prevention, with a correlation coefficient of 0.789 and 62.2% of fraud management variations attributed to forensic accounting. However, forensic litigation showed no significant effect on recovering funds lost to fraud. The study highlights the need for integrating forensic accounting into the current audit model to enhance fraud prevention, improve corporate governance, and restore public confidence in financial management within Nigeria’s public sector. Recommendations include regular forensic audits, collaboration with anti-graft agencies, and incorporating forensic accounting into academic curricula to develop skilled professionals. The study suggests further research to expand the model’s generalizability across other Nigerian parastatals. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )