Forensic Accounting and Financial Crimes: Adopting the Inference, Relevance and Logic Solution Approach
 /  Forensic Accounting and Financial Crimes: Adopting the Inference, Relevance and Logic Solution Approach

Forensic Accounting and Financial Crimes: Adopting the Inference, Relevance and Logic Solution Approach

Izedonmi, Famous , Prof (FCA), Ibadin, Peter Okoeguale (MBA, M.Sc. ACA.)
Abstract
This study examines some basic and common financial crimes in corporate
organizations, situating the focus on Nigeria, and by extension, the
developing world. No doubt, financial crimes have affected individuals and
corporate organizations negatively. Some instances of corporate scandals,
occasioned by financial crimes, have put accounting professional bodies into
a new perception and paradigm that go beyond statutory audit. This study
discusses financial crimes and some basic and common financial crimes in
corporate organizations. The review indicates that the motivations for
financial crimes are built around some risk factors, which include the
incentive (or pressure), opportunity and rationalization surrounding the
financial criminals. This paper canvasses for the intervention of forensic
accounting to solve the vexed problems of financial crimes with a further
recommendation that the forensic accountant adopts the inference, relevance
and logic solution approach (IRLS) in dealing with financial crimes in
corporate organizations in Nigeria.

Journal Article
PDF, 295.5 KB
Creative Commons LicenseCreative Commons license
Accounting, Banking and Finance
Forensic Accounting
Forensic Accounting, Financial Crimes, Inference, Relevance, Logic.
Christian Bassey
18th April, 2018
18th April, 2018
http://oer.mciu.edu.ng/wp-content/uploads/2015/04/99izedonmi.pdf


Staff Profile Download

MICHAEL AND CECILIA IBRU UNIVERSITY

Ibru Village
Agbarha – Otor
Ughelli North
Delta State
Nigeria

Admissions

CONNECT WITH US

Registry