Abstract: AN APPRAISAL OF FORENSIC ACCOUNTING IN BANKRUPTCY AND INSOLVENCY CASES
This study appraises the role of forensic accounting in bankruptcy and insolvency cases in Port Harcourt. The objectives are to evaluate the effectiveness of forensic accounting in uncovering financial discrepancies, assess its impact on bankruptcy proceedings, and identify the challenges faced during implementation. A survey design was employed, gathering data from 200 forensic accountants and insolvency practitioners, derived using Taro Yamane's formula. A detailed case study of a major insolvency case in Port Harcourt provided comprehensive insights. The reliability coefficient score was 0.88. Findings indicate that forensic accounting significantly enhances the transparency and accuracy of bankruptcy proceedings by uncovering financial discrepancies and providing expert testimony. However, challenges such as limited access to financial records, legal constraints, and resistance from stakeholders were noted. Recommendations include enhancing collaboration between forensic accountants and legal teams, improving access to financial records, and integrating forensic accounting practices with bankruptcy and insolvency frameworks to ensure fair and accurate proceedings.
BACKGROUND TO THE STUDY
The origin of mass education in the north started in the late 1940s to early 19...
Abstract: Strategies for promoting environmental stewardship in vocational training are cri...
Abstract
This study is focused on A REMEDY TO INFRASTRUCTURAL CHALLENGES VIA RENEWAL PROGRAMME, A CASE STUDY OF LAGOS ME...
Statement of Problem
An important feature associated with small and medium scale industries, which is p...
BACKGROUND OF THE STUDY
The rapid advances in technological technology have brought about significant d...
ABSTRACT
This research was aimed at investigating the incidence of drugs abuse among secondary school s...
THE ROLE OF CIVIL SOCIETY ORGANIZATIONS IN SUSTAINING PROTEST MOVEMENTS IN NIGERIA (A CASE STUDY OF ENDBADGOVERNANCE PROTEST IN NIGERIA)
...
Statement of the Problem
Hospitals buildings are confronted with unique challenges that threaten their optimal performance, structurally...
Abstract
This research work is an attempt to examine the prospects and part played by traditional rulers in community development in Awom...
BACKGROUND OF STUDY
The global financial system is no doubt embracing the current transition from physi...