Nigerian Journal of Banking and Financial Issues (NJBFI)

FINANCIAL CRIMES AND FORENSIC AUDITING: A STUDY OF NIGERIA CASES

Authors

  • YUNUS AbdulRasheed Bolaji Author
  • BILIQEES Ayoola Abdulmumin Author
  • Muhammed Lawal SUBAIR Author
  • ALKADRIYAR Sherifdeen Author
  • OJURONGBE, Olalekan Jubril Author

Keywords:

Financial Crimes, Forensic Audit Techniques, Nigerian private sector

Abstract

Curbing the menace of financial crimes through forensic audit is imperative due to the global failure of statutory audit. This study examined financial and crimes forensic auditing evidence from Nigeria cases. This study employed a survey research method through the questionnaire. The data collected was analyzed using regression models. The research discovered that P–value = 0.00<0.05 level of significant and the regression line is CFCs = 0.335 + 0.746β1 + 0.042β2-0.078β3++ut. The study also found that data based collection and data mining are effective enough and capable of curbing financial crimes in Nigeria, although ratio analysis is weak in doing that. The research concluded that forensic audit techniques are effective in combating financial crimes in Nigerian private sector. This study recommended that forensic audit courses should be given a more spaces in the academic curricula of Universities to increase its awareness in Nigeria. 

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Published

2026-01-22

Issue

Vol. 11 No. 1 (2025): Nigerian Journal of Banking and Financial Issues (NJBFI)

Section

Articles