Forensic Accounting and Quality of Financial Reporting of Quoted  Banks in Nigeria

Forensic Accounting and Quality of Financial Reporting of Quoted Banks in Nigeria

nwaiwu_johnson

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Nwaiwu Johnson

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Ejimofor

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Perekume

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Forensic Accounting and Quality of Financial Reporting of Quoted Banks in Nigeria

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Abstract

The inspiration for this research which examined the effect of forensic accounting on quality of financial reporting of quoted banks in Nigeria was tensed by the high rate of low quality of audited financial reports by companies including quoted banks in Nigeria and its affirmation as unqualified reports by external auditors. The objective is to examine the effect of forensic accounting on quality of financial reporting of quoted banks in Nigeria. Cross sectional data were sourced from audited financial reports of quoted banks spanning from 2009-2018. Ordinary least square method were used to determine the extent to which forensic accounting affects quality of financial reporting of quoted banks in Nigeria. After cross examination of the validity of the pooled effect, fixed effect and the random effect, the study accepts the fixed effect model. In both models, the independent variables explain 61.6 percent and 59.2 percent of variations on value relevance and audit time lag.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

nwaiwu_johnson. 2021. \u201cForensic Accounting and Quality of Financial Reporting of Quoted Banks in Nigeria\u201d. Global Journal of Management and Business Research - D: Accounting & Auditing GJMBR-D Volume 21 (GJMBR Volume 21 Issue D1).

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GJMBR Volume 21 Issue D1

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-D Classification JEL Code: M41

Submission ReceivedApril 6, 2021
Peer Review Double Blind
Handling Editor
Accepted April 30, 2021
Published May 15, 2021

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v1.2

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July 9, 2021

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