THE ROLE OF INTERNATIONAL ACCOUNTANTS IN DUE DILIGENCE PROCESSES
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- NGN 3000
ABSTRACT
This study examines THE ROLE OF INTERNATIONAL ACCOUNTANTS IN DUE DILIGENCE PROCESSES, aiming to enhance financial accuracy, compliance with international standards, and effective risk assessment. A survey methodology was employed to collect data from a broad sample of professionals. Using Taro Yamane's formula, the sample size was calculated to be 400 accountants from Lagos, ensuring statistical robustness. Lagos was selected due to its significant international business activities. The reliability coefficient score of the survey instrument was 0.87. Findings reveal that international accountants play a critical role in due diligence processes, ensuring financial accuracy and compliance with global standards, though challenges remain in managing diverse regulatory requirements. The study recommends developing comprehensive due diligence frameworks and enhancing accountants' skills in international standards to support effective due diligence practices.
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