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.
Background of the study
Accounting is critical to the success or failure of modern commercial organizat...
Abstract: THE ROLE OF FINANCIAL MANAGEMENT IN CRISIS MANAGEMENT
This study investigates the role of financial management in crisis manage...
ABSTRACT
This research project intends to explore the Ethical and social responsibilities of the Purcha...
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Some pharmacological effects of the 70% ethanolic stem bark extract of Pterocarpus erinaceus were investigated in experimental a...
EXCERPT FROM THE STUDY
There is no universally agreed notion of what constitutes violence against women. In other words,...
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This study was carried out to examine the impact of unemployment on youth restiveness in Akwa...
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THE ROLE OF REAL ESTATE INVESTMENT IN DIVERSIFIED PORTFOLIOS
This research investigates the role of real estate invest...
Background to the Study
Legumes are nutritious and economical sources of protein for population of developing countries...
Abstract: The impact of lifelong learning on career advancement is a vital area of study, particularly in rapidly changing job markets. This r...
This study explores the impact of cultural differences on financial reporting practices in Lagos State, Nigeria. The objectives are to: (1) assess...