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The applicability of forensic accounting in organizations

The applicability of forensic accounting in organizations

As an antidote to operational challenges: Understanding the basics

Gemstone Books ( 2020-08-31 )

€ 89,90

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This book sought to establish the Applicability of Forensic Accounting in Organizations as an antidote to operational challenges through literature review and cross-sectional comparison in some key sectors of an economy backed by empirical study. The final analysis showed that forensic accounting application could be a ‘complement’ and be run concurrently with the existing practice of internal audit/inspection. The study recommended that organizations should improve on certain key functions of internal control such as segregation of duties, proper supervision of employees, improve on infrastructure (work environment, equipment and security systems), proper training and re-training of staff and adequate compensation of employment package to deter the chances of employee fraud and malpractices. The overall implication of the findings is that full scale forensic accounting application in organizations is possible and necessary to complement the existing practice of internal audit/inspection to further strengthen the internal control of the organizations, thereby, curtailing their operational challenges.

Book Details:

ISBN-13:

978-613-8-93867-5

ISBN-10:

6138938674

EAN:

9786138938675

Book language:

English

By (author) :

Ibrahim Yakasai Aminu

Number of pages:

220

Published on:

2020-08-31

Category:

Economics