Abstract: THE IMPACT OF INVESTIGATIVE ACCOUNTING PROCEDURES FOR FORENSIC AUDITS
This research explores the impact of investigative accounting procedures on the effectiveness of forensic audits, with the objectives of identifying key investigative techniques, evaluating their effectiveness in uncovering financial irregularities, and assessing the challenges associated with their implementation. A survey research design was utilized, gathering data from 350 forensic accountants in Kano, a city known for its commercial activities. The sample size was calculated using Taro Yamane's formula, providing a statistically significant sample. The reliability coefficient score of the survey was 0.87. Findings indicate that advanced investigative techniques, such as data analytics and digital forensics, significantly enhance the ability to uncover financial irregularities. However, challenges such as resource constraints and limited access to cutting-edge technology hinder optimal performance. Recommendations include increasing investment in advanced forensic tools and technologies and promoting continuous professional development to keep forensic accountants abreast of the latest investigative techniques.
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