Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector
Despite the Nigerian government efforts at reducing the incidence of fraud and corruption through measures, such as establishing and strengthening organs of accountability and promoting the global best corporate practices, fraud and financial crimes in the public sector continue to be on the increas...
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| Format: | Article |
| Language: | English |
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School of Accountancy, UUM College of Business
2015
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| Online Access: | https://repo.uum.edu.my/id/eprint/15849/1/Forensic_Accountant_and_Auditor_Knowledge_and_Skills_Requirement_for_Task_Performance_Fraud_Risk_Assessmentpdf.pdf |
| _version_ | 1803627043691167744 |
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| author | Popoola, Oluwatoyin Muse Johnson Che Ahmad, Ayoib Samsudin, Rose Shamsiah |
| author_facet | Popoola, Oluwatoyin Muse Johnson Che Ahmad, Ayoib Samsudin, Rose Shamsiah |
| author_sort | Popoola, Oluwatoyin Muse Johnson |
| collection | UUM |
| description | Despite the Nigerian government efforts at reducing the incidence of fraud and corruption through measures, such as establishing and strengthening organs of accountability and promoting the global best corporate practices, fraud and financial crimes in the public sector continue to be on the increase. This paper examines the capability and competence requirements – Knowledge (KR), Skills (SR) and Task performance fraud risk assessment (TPFRA) of a forensic accountant and auditor in the Nigerian public sector. Also, this study determines whether the forensic accountant has higher levels of SR, KR and TPFRA requirements than the auditor in an emergent area of fraud prevention, detection and response. The study employed cross-sectional design and a survey method. Of the 550 questionnaires distributed, 422 questionnaires were returned and out ofwhich 328 questionnaires retained for analysis. The variables are considered a between-subject factor and measured at two levels with a total of 29 observable items (including demography information). The study used PLS-SEM (SmartPLS 2.0 M3) and IBM SPSS ver. 20.0 as the primary statistical analysis tools. The results of the study confirm the significant positive relationship of SR on TPFRA and KR on TPFRA. Also, the findings revealed that the forensic accountant has significant higher levels of KR, SR and TPFRA than auditor in respect of fraud prevention, detection and response. The implication of this study might result in the overall reduction of fraud and fraudulent acts, promote institutional, regulatory and legal framework, and create awareness amongst the accounting and auditing institutions in the Nigerian public sector. |
| first_indexed | 2024-07-04T05:59:47Z |
| format | Article |
| id | uum-15849 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:59:47Z |
| publishDate | 2015 |
| publisher | School of Accountancy, UUM College of Business |
| record_format | dspace |
| spelling | uum-158492016-04-17T02:28:49Z https://repo.uum.edu.my/id/eprint/15849/ Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector Popoola, Oluwatoyin Muse Johnson Che Ahmad, Ayoib Samsudin, Rose Shamsiah HF Commerce HF5601 Accounting HG Finance HJ Public Finance Despite the Nigerian government efforts at reducing the incidence of fraud and corruption through measures, such as establishing and strengthening organs of accountability and promoting the global best corporate practices, fraud and financial crimes in the public sector continue to be on the increase. This paper examines the capability and competence requirements – Knowledge (KR), Skills (SR) and Task performance fraud risk assessment (TPFRA) of a forensic accountant and auditor in the Nigerian public sector. Also, this study determines whether the forensic accountant has higher levels of SR, KR and TPFRA requirements than the auditor in an emergent area of fraud prevention, detection and response. The study employed cross-sectional design and a survey method. Of the 550 questionnaires distributed, 422 questionnaires were returned and out ofwhich 328 questionnaires retained for analysis. The variables are considered a between-subject factor and measured at two levels with a total of 29 observable items (including demography information). The study used PLS-SEM (SmartPLS 2.0 M3) and IBM SPSS ver. 20.0 as the primary statistical analysis tools. The results of the study confirm the significant positive relationship of SR on TPFRA and KR on TPFRA. Also, the findings revealed that the forensic accountant has significant higher levels of KR, SR and TPFRA than auditor in respect of fraud prevention, detection and response. The implication of this study might result in the overall reduction of fraud and fraudulent acts, promote institutional, regulatory and legal framework, and create awareness amongst the accounting and auditing institutions in the Nigerian public sector. School of Accountancy, UUM College of Business 2015 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/15849/1/Forensic_Accountant_and_Auditor_Knowledge_and_Skills_Requirement_for_Task_Performance_Fraud_Risk_Assessmentpdf.pdf Popoola, Oluwatoyin Muse Johnson and Che Ahmad, Ayoib and Samsudin, Rose Shamsiah (2015) Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector. International Conference on Accounting Studies (ICAS, 2015), Johor Bharu, Malaysia. pp. 1-14. http://www.icas.my/ ICAS 2015 ID 59 ICAS 2015 ID 59 |
| spellingShingle | HF Commerce HF5601 Accounting HG Finance HJ Public Finance Popoola, Oluwatoyin Muse Johnson Che Ahmad, Ayoib Samsudin, Rose Shamsiah Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector |
| title | Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector |
| title_full | Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector |
| title_fullStr | Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector |
| title_full_unstemmed | Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector |
| title_short | Forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the Nigerian public sector |
| title_sort | forensic accountant and auditor knowledge and skills requirements for task performance fraud risk assessment in the nigerian public sector |
| topic | HF Commerce HF5601 Accounting HG Finance HJ Public Finance |
| url | https://repo.uum.edu.my/id/eprint/15849/1/Forensic_Accountant_and_Auditor_Knowledge_and_Skills_Requirement_for_Task_Performance_Fraud_Risk_Assessmentpdf.pdf |
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