Forensic Accounting and Financial Crimes.

ABSTRACT

The objective of the study was to empirically investigate the effect forensic accounting has on financial crime. This study examined the effect of forensic accounting on financial crimes. Primary data were sourced from questionnaire and administered to three hundred and fortyfour (344) senior staff of the anti-graft agencies. Descriptive statistics was used to analyze the responses while ordered regression was used to test the Hypotheses with the aid of R – Software. The study found that forensic accounting techniques, forensic accounting education, forensic investigation, and forensic accounting ethics have significant influence on financial crime while litigation as a forensic accounting tool is not significant in its influence on financial crimes. It was recommended that policies that emphasize the importance of robust forensic accounting education and training programs for professionals in the financial and accounting sectors, policies that promote ethical behaviour and standards within the forensic accounting profession and policies that explore the potential of litigation as a tool for investigating and addressing financial crimes should be put in place.