Abstract: THE ROLE OF FORENSIC ACCOUNTANTS IN DUE DILIGENCE PROCESSES
This research investigates the role of forensic accountants in due diligence processes, with objectives to assess their contribution to financial accuracy, identify potential risks, and enhance decision-making in mergers and acquisitions. A survey research design was used, involving 340 forensic accountants and financial analysts in Lagos, determined using Taro Yamane's formula. The survey instrument's reliability coefficient score was 0.88. Findings reveal that forensic accountants significantly enhance the accuracy of financial assessments, identify potential financial risks, and improve decision-making in due diligence processes. The study recommends that companies integrate forensic accounting practices into their due diligence processes and provide continuous training for forensic accountants to keep abreast of evolving financial fraud techniques.
Statement of the Problem
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Statement of Research Problem
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