White collar crime is becoming endemic in developing economies. This mode of financial crime is so rampant and topical in Nigeria that there is no deduce saying the fact that it is one of the significant factors moving the body politic towards becoming a failed state. Instances of this casesetters case of crime atomic number 18 abuse of funds, window dressing of accounts, overstating revenues, understating expenses, overstating the value of corporate assets or under-reporting the creation of liabilities and the infamous creative accounting. From the frequently reported Nigerian cases of this type of crime, involving political office holders and senior civil servants (that is to say, those in the corridors of power), it appears that this type of dismayion is pervasive in the public sector.
No notes is entirely free, every Naira and Kobo has its legal use, and consequently misuse of any amount will impact negatively, on where it should legally be used. The effect of these can be on an organization or a whole nation. If the effect is not direct it whitethorn be indirect as it may affect facilities and foot that is supposed to be beneficial to the concerned. Unless it is impossible, individual or arrangement bear on negatively by the fraudulent or corrupt practices will want to seek redress.
Individual, corporate body and implicated government organs takes action towards seeking redress victimisation divergent institutions like the police and the law court. Whatever an research worker wants to do, will not be complete if the extent to which the affected person is affected is not quantified. This and other pecuniary areas are where the service of the experts forensic accountant are been engaged for a very long time worldwide and probably, recently, in Nigeria.
rhetorical ACCOUNTING
In his book ?Financial Investigation and Forensic account statement ,George A. Manning defines Forensic Accounting as the science of gathering and presenting financial information in a form that will be accepted...If you want to get a full essay, order it on our website: Orderessay
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