bjaffsr-volume3-2023

The broad objective of the journal is to provide a global platform for thedissemination of ground breaking research in the fields of accounting, forensicaccounting, forensic auditing, forensic investigations, forensic finance, forensicdocument examination, forensic law, forensic psychology, forensic social workand other allied disciplines in forensic sciences. 8. The Journal invites original,unpublished, and quality research manuscripts/case studies in the abovementioned areas of accounting and forensic science research for its December2023 edition and June 2024 edition respectively.

This study assesses the effect of forensic accounting investigationtechniques on fraud detection and mitigation of listed banks in Nigeriausing three independent variables of forensic accounting interviewtechnique, forensic accounting data analysis technique and forensicaccounting technology technique. Survey research design was adopted bythe study and it had a population of 140 respondents drawn from onlyoperational staff of listed banks in Nigeria while the sample size of 104was arrived at scientifically using Yaro Yamani’s sample sizedetermination technique. Data was gathered using questionnairesadministered to the respondents and it was analysed using multipleregression technique. The study found that application of interviewtechnique had positive and insignificant effect while application of dataanalysis technique and technology technique had positive and significant
effect on fraud detection and mitigation of listed banks in Nigeria. Basedon the findings, it was recommended that shareholders of listed banks inNigeria should be engaging the use of forensic accounting investigationtechniques in addition to conventional annual audit because the usage ofinterview technique, data analysis technique and accounting technologytechnique all had positive proved to be useful tools for fraud detection andmitigation.

The study investigated the influence of firm attributes on human resourceaccounting disclosure (HRAD) of quoted firms in Nigeria. The study usedsecondary data obtained from audited annual reports of the selected firmsfor a period of eight years. Descriptive statistics, correlation and multipleregressions were used to analyze the data and test the hypotheses. The result indicates that a significant difference exists on the disclosure levelsof highly governed and lowly governed firms in Nigeria. It also showedthat firm profitability has a positive impact on the extent of HRAD. Firmgearing has a negative impact on the extent of HRAD. For firm size andfirm age, they have no significant impact on HRAD. The study concludedthat firm size, firm age, profitability and gearing have potential influenceto either increase or decrease the degree of HRAD. It recommendedadequate specific regulations on human resources disclosures in Nigeria,as better regulation will give rise to an improved HRA disclosure quality.

This study examines the moderating effect of firm size on the associationbetween institutional ownership and integrated reporting of listed non financial services firms in Nigeria. The study covered a period of 10 years, 2012 to 2021, and extracted secondary data from a sample of 58 firmslisted on the Nigerian Exchange Group as of 31 December 2021. Thesampled firms were selected from a population of 105 quoted non financial services firms. The study adopted multiple regression analysis, and the results reveal that integrated reporting is strongly influenced by institutional ownership and firm size before moderation. After moderation, the results reveal that the higher the firm size, the lower the influence of institutional owners on integrated reporting. Thus, this study concludes that the presence of institutional ownership in large organizations may reduce integrated reporting. The study recommends that regulators should institute gradual enforcement of integrated reporting among companies in Nigeria.

The main objective of the study is to examine the effect of cashless policy of the Federal government on the performance of MSMEs in Kogi State. The research used a descriptive survey approach. Descriptive statistics, Pearson correlation, and multiple regression analysis were used asstatistical analysis techniques. At a significance threshold of 0.05, all tests were run. Major findings are that internet/online banking services, automated teller machine services and mobile banking services have positive and significant effects on the performance of MSMEs in Kogi State. The study concludes that technological innovations have brought about unprecedented achievement in the banking industry, which has led to enhanced performance in the MSMEs sector. However, only those with the capacity to access the services will benefit more. It was recommended among others that there should be awareness creation and sensitization about the usefulness of cashless channels so that businesses and the
general public can avail themselves of the opportunities.

This study focused on the impact of accounting records on business performance of selected SMEs in Osogbo, Osun State. Specifically, the study evaluated the influence of accounting records on turnover, profitability, return of assets of some selected SMEs in Osogbo, Osun State. A descriptive research design was adopted. Questionnaire was administered to 146 registered SMEs selected by simple random sampling approach while only 108 copies were returned and used for the study. Both descriptive and inferential statistics were adopted to analyse the data. The results of the study showed that accounting records had positive
influence on turnover, profitability and the return on asset of the selected registered SMEs. The study concluded that adequate accounting records that followed relevant accounting standards and guidelines would positively impact on business performance of the registered SMEs. It was recommended that effective accounting records were needed to enhance performance of the SMEs.

The threat of terrorism has become a principal security concern in Nigeria and has devastated every facet of the nation’s economy. Terroristactivities require huge source of funding not only for weapons, but also for training, travelling and daily upkeep to thrive and be effective. Countering terrorist activities require a full grasp of the money flows that terrorists rely on. Forensic accounting experts have multiple skills that can serve as catalysts for trailing terrorism financing regardless of the
source, disposition or even the nature of the money flow. The objective of the paper is to explore conceptually, the role of forensic accounting in the fight against terrorism in Nigeria through the application of forensic expert skills. The study found that, despite the significance of forensic accounting skills in counterterrorism, Nigeria has not embraced its full provision in its fight against terrorism. It is recommended that to address the threat of terror in Nigeria, there is crucial need for forensic accounting services. There is also an urgent need for the modification of existing laws to incorporate forensic accounting professionals in
counterterrorism operation.

Fraud is one of the major challenges confronting Nigerian banking industry today. The study investigated the effects of internal control system on fraud prevention in Nigerian banking sector. A survey of the senior staff in the Twenty two (22) commercial banks in operations in Nigeria was carried out using a structured questionnaire. The results showed a positive and significant relationship between internal control system and fraud prevention. Positive and significant relationships exist between risk management, control environment, information management and technology on fraud prevention. However, the study found a positive but non-significant relationship between control supervision and fraud prevention. The study recommended a proactive risk management among banks. There should be special training for senior staff on red flags to fraud occurrence and best approach to handle them. Banks must invest heavily in anti-fraud software and latest hardware gadgets that can create awareness of impeding fraud for both staff and customers and build a strong resistance to protect bank database. Nigerian banks must fortify their internal control system to meet the realities of today. This will help to eliminate all loopholes which may arise due to changes in procedures, practices, and technology and government policies that have impacts onbanking industry.