Original Research Article
Application of forensic accounting and domestic debt management on government revenue in Nigeria
1*Akinadewo, Israel S. and 1Akinkoye, Ebenezer Y.
1Department of Management and Accounting, Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria.
*Corresponding Author Email: omoeri(at)yahoo.co.uk
Tel: +2348060572904
Akinadewo, Israel S |
Akinkoye, Ebenezer Y. |
Article Number: IBME.20.003 | Pages: 25-32 | Vol. 8 (3), September 2020 | DOI: https://doi.org/10.15739/IBME.20.003
Received: June 3, 2020 Accepted: August 14, 2020 Published: August 27, 2020
Abstract
The study empirically determined the extent at which Forensic Accounting and Domestic Debt Management (DDM) influence Government Revenue (GR) in Nigeria. The study adopted primary data with the use of self-administered structured questionnaire on chartered accountants with the knowledge of forensic accounting and public finance. Krejcie and Morgan (1970) formula was used to determine the sample size of 306. Logit regression technique was used in the analysis of data. The results of the empirical investigation from multiple regression show that t-calculated of 6.472 is greater than t-tabulated of 0.000 at 5% level of significance. This indicates that forensic accounting and domestic debt management have a significant positive nexus with government revenue. This means that when forensic accounting is applied along with domestic debt management, the mismanagement and inefficiency in revenue of government will show a downward trend. Consequent to these findings, the study recommended the need for the engagement of forensic accountants and adoption of efficient domestic management mechanism on the generation and allocation of government revenue in Nigeria for effectual actualization of monetary and fiscal policies.
Keywords:
Domestic debt, forensic accounting, fraudulent practices, government revenue
How to Cite this Article
Akinadewo IS, Akinkoye EY (2020). Application of forensic accounting and domestic debt management on government revenue in Nigeria. Issues Bus. Manag. Econ. 8 (3):25-32.
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