Impact of Forensic Accounting on Fraud Control and Quality Financial Reporting in Tertiary Institutions in Southwestern Nigeria

Abstract

This paper looked at how forensic accounting affected the control of fraud and the quality of financial reporting at tertiary institutions in Nigeria's southwest. The elucidating review research configuration was taken on in this review. The number of inhabitants in the review contained every one of the public tertiary foundations in southwest locale. Oyo, Osun, and Ekiti were chosen from the southwest using the purposive sampling method. The example of the review involved 710 respondents. Two examination questions raised were addressed by utilizing mean and standard deviation while three theories formed were broke down by utilizing relapse investigation. The outcomes showed that the use of measurable bookkeeping to significant region uncover deceitful exercises in tertiary organizations. The outcome uncovered further that there was a positive huge impact of measurable bookkeeping on extortion recognition and misrepresentation counteraction in tertiary foundations. Findings also showed that forensic accounting had a significant impact on the value relevance of financial reporting in tertiary institutions. The paper reasoned that the pervasive sorts of extortion in tertiary foundations should have been controlled with the utilization of measurable bookkeeping to significant areas of false exercises in tertiary organizations. The review suggests among others that there ought to be normal exercises of criminological specialist in tertiary foundations to discourage specific classifications of misrepresentation.