Faboyede, Olusola Samuel and Mukoro, D. O. and Oyewo, B. (2013) The Role of Forensic Accounting in Vision 2020 Goals Delivery Via Public Sector Competitiveness: A Focus on Nigeria. Journal of South African Business Research. (In Press)
Full text not available from this repository.Abstract
Nigeria’s Vision 2020 is a national effort aimed at growing and developing the country and bringing her to the league of the world’s 20 leading economies by year 2020. To attain this objective, sound economy, good governance and sustainable development have been identified as essential vehicles for transforming the economy and the lives of Nigerians. This desire further necessitates the need for a globally competitive public sector that is largely fraud and corruption free. Fraud is a significant problem to the world economy of today. In Nigeria, the government parastatals are known for the increased and alarming rate of fraud, misappropriation and embezzlement of public funds, growing inefficiency and ineffectiveness relative to the private sector, ghost workers, weak institutional structure, poor accountability, excessive centralization of administrative power, and undue rivalry between generalist administrators and professionals. This paper examines the role forensic accounting plays in public sector global competitiveness in delivering vision 2020, using Nigeria as a focus point. The research method employs the use of survey research design and engages the Kruskal-Wallis statistical test for analysis. The research finds that fraud and corruption are fundamental problems of the Nigerian public sector and that forensic accountants can assist in ensuring compliance of government units, businesses, and individuals, with regulations at all levels towards the 2020 vision attainment. The paper recommends, among others, the strengthening of forensic accounting institutions and their increased engagement in public sector services delivery towards vision 2020 agenda actualization.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Humanities |
| Depositing User: | Dr Samuel Olusola/S.O. Faboyede |
| Date Deposited: | 01 Apr 2015 11:52 |
| Last Modified: | 01 Apr 2015 11:52 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/4517 |
Actions (login required)
 |
View Item |
