Introducing Forensic Accounting Curiculum In Nigerian Universities: An Empirical Submission

Authors

  • James O. Abiola
  • Rilwan Ayinde Adisa

DOI:

https://doi.org/10.14738/abr.85.8146

Keywords:

forensic accounting, accounting curriculum, Nigerian universities, corporate governance, obstacle.

Abstract

Forensic accounting is seen as one of the most important careers that will gain increased future demand, yet most Nigerian universities do not offer it as a separate course especially at undergraduate level. This paper therefore examined the perceived benefits and obstacles of integrating forensic accounting into the accounting curriculum of Nigerian universities. A survey research method was adopted using questionnaire prepared on a 5-point Likert scale and distributed among academics and students of tertiary institutions in Nigeria. The questionnaires were analysed using descriptive statistics. The findings revealed that the future demand and interest in forensic accounting education is expected to increase in spite of its attendant obstacles. It was also found that forensic accounting will promote responsible corporate governance, strengthen the credibility of financial reporting and make students more desirable in the market place. However, the major challenges of integrating forensic accounting into the accounting curriculum are the rigorous bureaucratic process in curriculum development for new programme and the lack of administrative interest and support. These results are useful to universities that are considering integrating forensic accounting into their accounting curriculum.

References

Al-Hadrami, A. & Hidayat, S. (2014). Obstacles of integrating Forensic Accounting in the Accounting Curriculum: The Bahrain. Proceedings of Eurasia Business Research Conference, 16 – 18 June 2014, Nippon Hotel, Istanbul, Turkey.

Amake, C. C. & Ikhatua, O. J. (2016). Forensic accounting and fraud detection in Nigerian public sector. Igbinedion University Journal of Accounting, 2, 148-173.

Anichebe, A.S. & Manukaji, I. J. (2016). Relevance of forensic auditing as an investigative tool in curbing financial crimes in public sectors organization. Journal of Accounting and Financial Management, 2(3), 40-49.

Bhasim, M. (2013). An empirical investigation of the relevant skills of forensic accountants: Experience of a developing economy. European Journal of Accounting, Auditing and Finance Research,1(2), 11-52.

Emeh, Y. & Obi, J. O. (2013). An empirical analysis of forensic accounting and financial fraud in Nigeria. African Journal of Social Sciences,3(4), 112-121.

Enofe, A. O., Julius, O. M. & Ogbeide, O. L. (2015). The role of forensic accounting in combating financial crimes. Research Journal of Finance and Accounting,6(18), 191-199.

Herbert, W. E., Onyilo, F., Ene, E. E. & Tsegba, I. N. (2017). Fraud and Forensic Accounting Education: Prospects and challenges in Nigeria. International Journal of Business and Management,12(7), 146-161. Doi: 10.5539/ijbm.v12n7p146

Idris, A. A., Kehinde, J. S., Ajemunigbohun, S. S. A. & Gabriel, J. M. O. (2012). The nature, techniques and prevention of creative accounting: Empirical evidence from Nigeria. Canadian Journal of Accounting and Finance, 1(1), 26-31.

Ozili, P. K. (2015). Forensic accounting and fraud: A review of literature and policy implications. International Journal of Accounting and Economics Studies,3(1), 63-68.

Ramaswamy, V. (2007). New frontiers: Training Forensic Accountants within the accounting program. Journal of College Teaching and Learning,4(9), 31-38.

Rezaee, Z., Crumbley, D. L. & Elmore, R. C. (2004). Forensic accounting education: A survey of academicians and practitioners.

Rezaee, Z., Lo, D., Ha, M. & Suen, A. (2016). Forensic accounting education and practice: insights from China. Journal of Forensic and Investigative Accounting,8(1), 106-119.

Seda, M. & Kramer, B. K. P. (2015). A comparison of U.S Forensic Accounting Programs with the National Institute of Justice Funded Model Curriculum. Journal of Forensic and Investigative Accounting,7(2), 144-177.

Sorunke, O. A. (2016). Integrating Forensic Accounting into the Accounting Curriculum in Nigeria Universities: Challenges and remedies. International Journal of AcademicResearch in Progressive Education and Development,5(1), 59-64. Doi: 10.6007/IJARPED/v5-i1/2062

University of Pittsburgh (2010). Course Calendar (Fall 2010) on Forensic Accounting and Fraud Examination (BACC 2251) of Katz Graduate School of Business, University of Pittsburgh. Retrieved on 11/12/17 from http://inet.katz.piit.edu/Pinstripes/BGP%2520MBA%252011%2520-%2520Syllabus%2520-%2520BACC%25202251%2520-%2520Forensic2520Acctg%2520and%2520Fraud%2520Examination%2520(Hoffman).docx

Downloads

Published

2020-05-10

How to Cite

Abiola, J. O., & Adisa, R. A. (2020). Introducing Forensic Accounting Curiculum In Nigerian Universities: An Empirical Submission. Archives of Business Research, 8(5), 33–48. https://doi.org/10.14738/abr.85.8146