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The Relationship Between Forensic Accountants’ Skepticism and Audit Expectation Gap Among Nigerian Money Deposit Banks

Received: 16 January 2016     Accepted: 28 January 2016     Published: 24 February 2016
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Abstract

This paper examines how forensic Accountant's skepticism can narrow audit expectation gap among Nigeria Money Deposit Banks. The specific objectives of the study were to determine the relationship between forensic Accountants' investigation tenure and lack of time budget pressure by forensic Accountant among Nigeria Money Deposit Bank. Two hypotheses were formulated and tested. A survey design was used to gather the information needed to achieve the objectives. A census was carried out in twenty one Nigeria Money Deposit Banks which had operating licenses from the Central bank of Nigeria. Open ended and closed ended questionnaires were used to collect the data. The findings of the study revealed that there was a strong negative linear relationship between the independent variables and dependent variable. Based on the findings, it was recommended that there is need to establish and structure necessary legal framework for forensic accounting and investigation and legislate forensic audit as in the case of financial audit legislated.

Published in Journal of Finance and Accounting (Volume 4, Issue 1)
DOI 10.11648/j.jfa.20160401.12
Page(s) 9-17
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

Forensic Accountant's Responsibility, Audit Expectation Gap, Money Deposit Banks, Time Budget Pressure, Investigating Tenure

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Cite This Article
  • APA Style

    Odelabu Adedire Temitope, Tabitha Nasieku, Willy Muturi. (2016). The Relationship Between Forensic Accountants’ Skepticism and Audit Expectation Gap Among Nigerian Money Deposit Banks. Journal of Finance and Accounting, 4(1), 9-17. https://doi.org/10.11648/j.jfa.20160401.12

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    ACS Style

    Odelabu Adedire Temitope; Tabitha Nasieku; Willy Muturi. The Relationship Between Forensic Accountants’ Skepticism and Audit Expectation Gap Among Nigerian Money Deposit Banks. J. Finance Account. 2016, 4(1), 9-17. doi: 10.11648/j.jfa.20160401.12

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    AMA Style

    Odelabu Adedire Temitope, Tabitha Nasieku, Willy Muturi. The Relationship Between Forensic Accountants’ Skepticism and Audit Expectation Gap Among Nigerian Money Deposit Banks. J Finance Account. 2016;4(1):9-17. doi: 10.11648/j.jfa.20160401.12

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  • @article{10.11648/j.jfa.20160401.12,
      author = {Odelabu Adedire Temitope and Tabitha Nasieku and Willy Muturi},
      title = {The Relationship Between Forensic Accountants’ Skepticism and Audit Expectation Gap Among Nigerian Money Deposit Banks},
      journal = {Journal of Finance and Accounting},
      volume = {4},
      number = {1},
      pages = {9-17},
      doi = {10.11648/j.jfa.20160401.12},
      url = {https://doi.org/10.11648/j.jfa.20160401.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160401.12},
      abstract = {This paper examines how forensic Accountant's skepticism can narrow audit expectation gap among Nigeria Money Deposit Banks. The specific objectives of the study were to determine the relationship between forensic Accountants' investigation tenure and lack of time budget pressure by forensic Accountant among Nigeria Money Deposit Bank. Two hypotheses were formulated and tested. A survey design was used to gather the information needed to achieve the objectives. A census was carried out in twenty one Nigeria Money Deposit Banks which had operating licenses from the Central bank of Nigeria. Open ended and closed ended questionnaires were used to collect the data. The findings of the study revealed that there was a strong negative linear relationship between the independent variables and dependent variable. Based on the findings, it was recommended that there is need to establish and structure necessary legal framework for forensic accounting and investigation and legislate forensic audit as in the case of financial audit legislated.},
     year = {2016}
    }
    

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  • TY  - JOUR
    T1  - The Relationship Between Forensic Accountants’ Skepticism and Audit Expectation Gap Among Nigerian Money Deposit Banks
    AU  - Odelabu Adedire Temitope
    AU  - Tabitha Nasieku
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    Y1  - 2016/02/24
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    DO  - 10.11648/j.jfa.20160401.12
    T2  - Journal of Finance and Accounting
    JF  - Journal of Finance and Accounting
    JO  - Journal of Finance and Accounting
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    PB  - Science Publishing Group
    SN  - 2330-7323
    UR  - https://doi.org/10.11648/j.jfa.20160401.12
    AB  - This paper examines how forensic Accountant's skepticism can narrow audit expectation gap among Nigeria Money Deposit Banks. The specific objectives of the study were to determine the relationship between forensic Accountants' investigation tenure and lack of time budget pressure by forensic Accountant among Nigeria Money Deposit Bank. Two hypotheses were formulated and tested. A survey design was used to gather the information needed to achieve the objectives. A census was carried out in twenty one Nigeria Money Deposit Banks which had operating licenses from the Central bank of Nigeria. Open ended and closed ended questionnaires were used to collect the data. The findings of the study revealed that there was a strong negative linear relationship between the independent variables and dependent variable. Based on the findings, it was recommended that there is need to establish and structure necessary legal framework for forensic accounting and investigation and legislate forensic audit as in the case of financial audit legislated.
    VL  - 4
    IS  - 1
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Author Information
  • Department of Economics, Accounting and Finance, Jomo Kenyatta University of Agriculture and Technology, Juja, Nairobi, Kenya

  • Department of Economics, Accounting and Finance, Jomo Kenyatta University of Agriculture and Technology, Juja, Nairobi, Kenya

  • Department of Economics, Accounting and Finance, Jomo Kenyatta University of Agriculture and Technology, Juja, Nairobi, Kenya

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