Okolo, U. Ebere and OKWOR, Ifeoma (2019) DISPUTE RESOLUTION TECHNIQUE IN FRAUD PREVENTION IN THE NIGERIAN BANKING SECTOR. ESUT Journal of Accountancy, 10 (1). pp. 169-182.

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This paper ascertained the effect of series of fraud cases in banking sector of Nigeria and focused on utilizing arbitration/medication methods of dispute resolution technique of forensic accounting to aid fraud prevention in the Nigerian banking sector. Survey research design was utilized. Area of the study was twenty-four (24) commercial banks in Nigeria as at the period of study. Frequency, percentages were utilized in analyzing data also, combat alpha which performed very well with a value of 0.876 which indicate a high measure of internal consistency, while, single factor ANOVA was the statistical tool utilized to test hypotheses to compare the difference between variables of dispute resolution technique to fraud prevention. Among the findings were that the use of Dispute Resolution technique does significantly reduce the occurrence of fraud cases in the banking industry; thereby, excess bank resources could be redirected to fund weaker sectors for economic development. The significant contribution of the study is the researcher discovered that the arbitration method of dispute resolution technique could also prevent fraud activities before it materializes into fraud. Since the dispute resolution techniques of forensic accounting help in fraud prevention; banks should continue the utilization of it to prevent fraud cases.

Item Type: Article
Subjects: H Social Sciences > HJ Public Finance
Divisions: Faculty of Arts > Faculty of Law > Faculty of Management and Social Sciences > Faculty of Education
Depositing User: mrs chioma hannah
Date Deposited: 04 Aug 2021 10:24
Last Modified: 04 Aug 2021 10:24
URI: http://eprints.gouni.edu.ng/id/eprint/3057

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