THE IMPACT OF FORENSIC ACCOUNTING ON INSURANCE CLAIMS AND DISPUTES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: The Impact of Forensic Accounting on Insurance Claims and Disputes
The study investigates the impact of forensic accounting on insurance claims and disputes, focusing on the objectives of determining its effectiveness in claim validation, reducing fraudulent claims, and enhancing dispute resolution processes. Using a survey research design, this study collected data from 400 respondents, including insurance professionals and forensic accountants, derived using Taro Yamane's formula to ensure statistical reliability. The case study focuses on Lagos, where insurance-related disputes are prevalent. A reliability coefficient score of 0.87 was achieved, indicating high reliability of the survey instrument. The findings revealed that forensic accounting significantly improves the accuracy of insurance claim assessments, mitigates the incidence of fraudulent claims, and streamlines dispute resolution. The study recommends that insurance companies integrate forensic accounting practices into their regular operations and provide continuous training for forensic accountants to stay updated with evolving fraud schemes.
Related Project Materials
THE PERCEPTION OF SOCIAL MEDIA ANTAGONISM ON YOUTH DEVELOPMENT IN NIGERIA (A CASE STUDY OF ILORIN METROPOLIS)
BACKGROUND OF THE STUDY
Social media was invented as a result of modernization in all countries of the...
IMPEDIMENTS TO THE ACQUISITION OF ACCOUNTING EDUCATION BY SECONDARY SCHOOL STUDENTS
ABSTRACT
The study employed a survey designed. A sample of 122 teachers and students which were randomly selected served us the stu...
THE ROLE OF ENTREPRENEURSHIP EDUCATION IN POVERTY ALLEVIATION IN NIGERIA: PERCEPTION OF STUDENTS
EXCERPT FROM THE STUDY
Entrepreneurship is all about self-improvement and self-sufficiency, which leads to job prospects...
AN INVESTIGATION OF FUNGI RELATED WITH SPOILAGE OF SMOKED DRIED FISH
Background Of The Study
Fish is an excellent source of protein and has a high nutrient density. If it i...
FINANCIAL MANAGEMENT AND ITS IMPACT ON THE DEVELOPMENT OF LOCAL GOVERNMENT COUNCIL
EXCERPT FROM THE STUDY
Financial management is concerned with the planning organizing, procurement and utilization of go...
THE EFFECT OF LOGISTICS INDUSTRY ON THE ECONOMIC GROWTH IN NIGERIA (A Case Study Of The Maritime Industry)
Abstract
The most significant elements that enable us to understand economic growth and development levels...
OPTIMIZATION AND KINETICS OF COAGULATION-FLOCCULATION PROCESS FOR THE TREATMENT OF PAINT INDUSTRY EFFLUENT USING NATURAL COAGULANTS
Statement of the problem
Paint industry is one of the fastest growing economies in Nigeria. The effluents its discharge has contributed a...
THE INTEGRATION OF IOT IN VOCATIONAL TRAINING FOR SMART HOME SYSTEMS
ABSTRACT: The integration of Internet of Things (IoT) in vocational training for smart home systems is crucial for preparing the workforc...
DEVELOPMENT OF BAOBAB/SISAL REINFORCED LOW DENSITY POLYETHYLENE HYBRID COMPOSITE
Abstract
In this work, the properties of baobab/sisal fibre reinforced low density polyethylene hybrid composites were s...
ASSESSMENT OF ADEQUACY OF BUSINESS STUDIES CURRICULUM IMPLEMENTATION ON STUDENTS SKILL ACQUISITION IN SECONDARY SCHOOLS
ABSTRACT
The study was conducted to assess the adequacy of business studies curriculum implementation on students‟ skill acquisition in t...
