Accountants’ Behavioural Intention to Use Forensic Accounting Techniques for Fraud Prevention and Detection in Nigeria

Abstract

Fraud is a global problem. However, the rate and nature of fraud in Nigeria is quite alarming. The study therefore examined the behavioural intention of accounting practitioner to use forensic accounting techniques in fraud prevention and detection in Nigeria. Data were collected from from 9 states and the Federal Capital Territory, Abuja. The Structural equation modelling was adopted in analyzing the data. Seven propositions were tested in the study. From the results, all the propositions were supported. It was concluded from this study that accountants will accept use of forensic accounting in the prevention and detection of fraud if they understand the benefits, risk, fraud susceptibility and fraud severity in their establishment. It was recommended that educational activities of training institution should therefore be directed toward increasing awareness on forensic accounting.