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THE IMPACT OF FORENSIC ACCOUNTING ON CRIMINAL PROSECUTIONS

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 5000

Abstract: THE IMPACT OF FORENSIC ACCOUNTING ON CRIMINAL PROSECUTIONS

This research assesses the impact of forensic accounting on criminal prosecutions, focusing on its role in gathering and presenting financial evidence. The objectives are to evaluate the effectiveness of forensic accounting in supporting criminal prosecutions, to assess the reliability and accuracy of financial evidence provided by forensic accountants, and to identify the challenges faced in the process. A survey research design was adopted, collecting data from 350 forensic accountants and legal professionals in Lagos. The sample size was determined using Taro Yamane's formula, ensuring adequate representation. The reliability coefficient score of the survey was 0.88. Findings indicate that forensic accounting plays a crucial role in criminal prosecutions by providing accurate and reliable financial evidence, leading to more successful convictions. However, challenges such as limited access to financial records and the complexity of financial transactions pose significant hurdles. Recommendations include increasing collaboration between forensic accountants and law enforcement agencies and investing in advanced forensic tools and training to enhance the effectiveness of forensic accounting in criminal prosecutions.





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