Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation

Nigeria Deposit Insurance Corporation (NDIC) annual reports (2014–2017) suggest that the country’s deposit money banks (DMBs) have been exposed to escalating incidence of fraud and forgeries. This has hampered their capacity, efficiency and contribution to national economic growth and development. T...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Olusoji Olumide Odukoya, Rose Shamsiah Samsudin
Formato:	article
Lenguaje:	EN
Publicado:	Taylor & Francis Group 2021
Materias:	forensic accountants bank examiners knowledge capability problem representation fraud risk assessment nigeria deposit money banks Business HF5001-6182 Management. Industrial management HD28-70
Acceso en línea:	https://doaj.org/article/86a791d9054a4abfa44d417391a43cc9
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:86a791d9054a4abfa44d417391a43cc9
record_format	dspace
spelling	oai:doaj.org-article:86a791d9054a4abfa44d417391a43cc92021-12-02T14:35:29ZKnowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation2331-197510.1080/23311975.2021.1899450https://doaj.org/article/86a791d9054a4abfa44d417391a43cc92021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2021.1899450https://doaj.org/toc/2331-1975Nigeria Deposit Insurance Corporation (NDIC) annual reports (2014–2017) suggest that the country’s deposit money banks (DMBs) have been exposed to escalating incidence of fraud and forgeries. This has hampered their capacity, efficiency and contribution to national economic growth and development. This study examines the capability and competence of DMB regulators to prevent and detect fraud and, at the same time, develop an effective mechanism to do so. The study employed quantitative methodology. Data was collected using questionnaires administered on 350 forensic accountants and bank examiners working with the Central Bank of Nigeria (CBN), NDIC and 15 randomly selected DMBs in Lagos. Data collected were analyzed using descriptive statistics and multivariate regression. Key results include significant positive relationship between the study variables and reduction in fraud incidence in DMBs. This result has implications for existing accounting literature on knowledge capability and competence as vehicles for fraud prevention and detection in DMBs in Nigeria. The study recommends an integrative approach to bank examination in which both forensic accountants and bank examiners are involved as permanent fixtures in fraud prevention and detection in DMBs. This will guarantee a fraud-free DMB sector.Olusoji Olumide OdukoyaRose Shamsiah SamsudinTaylor & Francis Grouparticleforensic accountantsbank examinersknowledge capabilityproblem representationfraud risk assessmentnigeria deposit money banksBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 8, Iss 1 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	forensic accountants bank examiners knowledge capability problem representation fraud risk assessment nigeria deposit money banks Business HF5001-6182 Management. Industrial management HD28-70
spellingShingle	forensic accountants bank examiners knowledge capability problem representation fraud risk assessment nigeria deposit money banks Business HF5001-6182 Management. Industrial management HD28-70 Olusoji Olumide Odukoya Rose Shamsiah Samsudin Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation
description	Nigeria Deposit Insurance Corporation (NDIC) annual reports (2014–2017) suggest that the country’s deposit money banks (DMBs) have been exposed to escalating incidence of fraud and forgeries. This has hampered their capacity, efficiency and contribution to national economic growth and development. This study examines the capability and competence of DMB regulators to prevent and detect fraud and, at the same time, develop an effective mechanism to do so. The study employed quantitative methodology. Data was collected using questionnaires administered on 350 forensic accountants and bank examiners working with the Central Bank of Nigeria (CBN), NDIC and 15 randomly selected DMBs in Lagos. Data collected were analyzed using descriptive statistics and multivariate regression. Key results include significant positive relationship between the study variables and reduction in fraud incidence in DMBs. This result has implications for existing accounting literature on knowledge capability and competence as vehicles for fraud prevention and detection in DMBs in Nigeria. The study recommends an integrative approach to bank examination in which both forensic accountants and bank examiners are involved as permanent fixtures in fraud prevention and detection in DMBs. This will guarantee a fraud-free DMB sector.
format	article
author	Olusoji Olumide Odukoya Rose Shamsiah Samsudin
author_facet	Olusoji Olumide Odukoya Rose Shamsiah Samsudin
author_sort	Olusoji Olumide Odukoya
title	Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation
title_short	Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation
title_full	Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation
title_fullStr	Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation
title_full_unstemmed	Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation
title_sort	knowledge capability and fraud risk assessment in nigeria deposit money banks: the mediating effect of problem representation
publisher	Taylor & Francis Group
publishDate	2021
url	https://doaj.org/article/86a791d9054a4abfa44d417391a43cc9
work_keys_str_mv	AT olusojiolumideodukoya knowledgecapabilityandfraudriskassessmentinnigeriadepositmoneybanksthemediatingeffectofproblemrepresentation AT roseshamsiahsamsudin knowledgecapabilityandfraudriskassessmentinnigeriadepositmoneybanksthemediatingeffectofproblemrepresentation
_version_	1718391141073682432

Knowledge capability and fraud risk assessment in Nigeria deposit money banks: The mediating effect of problem representation

Ejemplares similares