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FORENSIC ACCOUNTING AS A TOOL FOR PREVENTING FRAUD IN FINANCIAL INSTITUTIONS IN NIGERIA

ABSTRACT

This research work was carried out to examine how forensic accounting can be used as a tool for preventing fraud in financial institution in Nigeria using Diamond Bank of Nigeria Plc, Uyo Branch as study area. To achieve this objective, three research questions were formulated to guide the study. The data was collected from both primary and secondary sources. The primary data were collected with the help of a well-structured questionnaire of two sections administered to staff and management of Diamond Bank of Nigeria Plc, Uyo Branch. The collected data were analyzed with tables and simple percentages to analyze the research questions. The study reveals that forensic accounting can prevent fraud in financial institutions in Nigeria, the application of forensic accounting helps to minimize misappropriation of funds and forensic accountant helps to control and prevent fraud in financial institutions. It was concluded with some recommendations that the management of Diamond Bank of Nigeria Plc should employ the forensic Accountant to provide litigation support service with appropriate provision of professional services in the law courts and the internal control system of any institution should be strengthened so as to be able to check fraud occurrence.

TABLE OF CONTENTS
Title page – – – – – – – – i
Declaration – – – – – – – – ii
Certification – – – – – – – – iii
Dedication – – – – – – – – iv
Acknowledgement – – – – – – – v-vi
Abstract – – – – – – – – vii
Table of contents – – – – – – – viii-xiii
List of tables – – – – – – – xiv
Chapter One: Introduction
1.1 Background of the Study – – – – – 1-3
1.2 Statement of the Problem – – – – – 3
1.3 Objective of the Study – – – – – 3-4
1.4 Research Questions – – – – – 4
1.5 Significant of the Study – – – – – 5
1.6 Limitation of the Study – – – – – 5-6
1.7 Definition of Terms – – – – – 6-7
1.8 Organization of the Study – – – – 7-8
1.9 Historical Background – – – – – 8-9