THE IMPACT OF REGULATORY COMPLIANCE ON FORENSIC ACCOUNTING
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Abstract: THE IMPACT OF REGULATORY COMPLIANCE ON FORENSIC ACCOUNTING
This research investigates the impact of regulatory compliance on forensic accounting, focusing on how compliance requirements influence forensic accounting practices, enhance financial transparency, and reduce fraud. A survey research design was used, involving 310 respondents from regulatory bodies and forensic accounting firms in Lagos, selected using Taro Yamane's formula. The survey instrument's reliability coefficient score was 0.87. Findings reveal that regulatory compliance significantly enhances forensic accounting practices, improves financial transparency, and reduces fraud instances. The study recommends that organizations prioritize regulatory compliance and continuously update their forensic accounting practices to align with evolving regulations.
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