Prof. Godwin E . Oyedokun | Lead City University , Ibadan Nigeria (original) (raw)
Prof. Oyedokun is a multi-talented and multidisciplinary scholar-practitioner of good repute with over 23 years of experience. He is a forensic accountant, public policy analyst, author, international speaker and Professor of Accounting & Financial Development at the Lead City University Ibadan, Nigeria. He is a Visiting Professor of Accounting and finance at the Business School of the Nigerian British University, Nigeria, and many other Universities.
He is a faculty member at the Joseph Business School Chicago and Lagos and an international faculty member at the Mississippi State University’s Continuing Education programmes in Lagos. He is also an External Examiner for the undergraduate Accounting programmes of Abia State University, Uturu Nigeria, Atiba University, Oyo, Nigeria, and Dominican University, Ibadan, Nigeria.
Prof. Oyedokun is a sought-after intellectual, who has presented various technical/seminar papers at conferences/training/seminars, and he is an examiner to some professional bodies, both in Nigeria and abroad. He has authored over 60 professional articles, 25 conference papers, 20 chapter contributions, and 178 peer-reviewed academic articles. He has edited 10 books and published 28 books to the glory of God. He has successfully supervised 129 BSc Projects, 7 PGD Projects, 52 MSc Dissertations, and 24 completed PhD Theses in management, accounting, finance, taxation, and forensic accounting & audit in Nigeria and overseas.
Prof. Oyedokun is the founder of OGE Group and the Principal Partner at Oyedokun Godwin Emmanuel & Co (A Firm of Chartered Accountants, Tax Practitioners and forensic Auditors), he is an Erudite Contemporary Professor, a Consummate Educationist, and a Human Capital Development Expert who has taught at all levels of education. He has attended several local and international conferences in the last 20 years, including but not limited to the programmes at Lagos Business School, Lagos Nigeria, Joseph Business School, Chicago, USA., University, Dallas Texas, USA, Greenwich University, London, University of Bristol, England, University of Johannesburg South Africa, University of Kenya, Nairobi, among others.
He is currently a Governing Council member of the Chartered Institute of Taxation of Nigeria (CITN), Business Recovery and Insolvency Practitioners of Nigeria (BRIPAN), President of the Association of Forensic Accounting Researchers (AFAR), and Council member/Director, Research & Development of Institute of Personality Development and Customer Relationship Management, Board Chairman of the Association of Certified Fraud Examiners (ACFE, Lagos Chapter), Chairman, Board of Diplomates of Forensic Accounting & Audit of the Chartered Institute of Forensic and Certified Fraud Investigators of Nigerian (CIFCFIN) and the Immediate Past Chairman, Ilupeju/Gbagada & District Society of the Institute of Chartered Accountants of Nigeria (ICAN) among others.
Professor Oyedokun attended Osun State College of Technology, Esa-Oke for his National Diploma (ND) in Financial Studies and Higher National Diploma (HND) in Accountancy, he proceeded to the Ekiti State University for his Bachelor of Science Education (B.Sc. Ed) in Accounting, while he also attended Olabisi Onabanjo University, Ago-Iwoye where bagged his Master of Business Administration (MBA Accounting & Finance option), Master of Science (M.Sc) in Business & Applied Economics (Finance option) and Doctor of Philosophy (Ph.D) in Finance. His quest for further knowledge saw him through his studies at Babcock University, Ilishan-Remo where bagged his Master of Science (M.Sc) in Accounting, and a Doctor of Philosophy (Ph.D) in Accounting. Professor Oyedokun holds a Bachelor of Science (B.Sc) in Finance, a Master of Science (M.Sc) in Economics, a Master of Laws (LLM) and a Doctor of Philosophy (Ph.D) in Forensic Accounting and Audit from Charisma University, TCI, West Indies. Professor Oyedokun is also an alumnus of Lead City University where he bagged his Bachelor of Laws (LLB), and Master of Laws (LLM) and he is currently studying for a Doctor of Philosophy (Ph.D) in Law at the same university.
He has more than relevant 30 professional qualifications to his credit.
He is a Senior Pastor at Tabernacle of Prayer Church, Nigeria
Professor Oyedokun is happily married with children.
Supervisors: Professor Ishola Rufus Akintoye , Professor M. A. Mainoma, Professor Kabiru Aderemi Adeyemo , Professor R.O.C Somoye, and Professor R.O Akingunola
Phone: +2348033737184
Address: Department of Management and Accounting
Lead City University, Ibadan, Nigeria
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Papers by Prof. Godwin E . Oyedokun
Abuja Journal of Administration & Management, 2024
Several challenges face nations when they acquire public debt unnecessarily. Ordinarily, there is... more Several challenges face nations when they acquire public debt unnecessarily. Ordinarily, there is nothing bad in borrowing funds for developmental purposes, but many developing countries borrow funds that are not required. The study examined public debt in Nigeria by identifying the challenges facing its management and highlighting the ways of improving public debt management. The study was conducted in the Federal Capital Territory (FCT), Abuja, where the relevant organisations in charge of the management of public debt, such as the Debt Management Office, Federal Ministry of Finance, Federal Ministry of Budget and Planning, the Central Bank of Nigeria, are domiciled. The study used the Dependency Theory which explains the relationship between the development of Third World countries and the West. The research design was both quantitative and qualitative. Data were obtained from primary and secondary sources from a cross-section of respondents selected through the multistage sampling procedure, using a well-structured questionnaire and informal interview of a sample size of one hundred and twenty (120) respondents. The data were collated and analysed using
descriptive and inferential statistics. It was discovered that public debt in Nigeria was not properly managed. The paper recommends that Nigeria should look at other means of funding development projects apart from acquiring public debt.
A handbook on Artificial Intelligence and Quality Higher Education, 2025
This chapter explores the evolving landscape of academic dishonesty in the context of artificial ... more This chapter explores the evolving landscape of academic dishonesty in the context of artificial intelligence (AI). It analyzes how AI can be used to enhance academic integrity, while also addressing the challenges and limitations of AI-driven solutions. The chapter discusses the use of AI in detecting plagiarism, evaluating essays, and identifying collusion patterns. It examines the benefits and drawbacks of AI-based techniques and highlights the importance of ethical considerations and human oversight in maintaining academic standards. The chapter provides insights into how educational institutions can leverage AI to safeguard academic standards and maintain the credibility of their programmes.
Cultural Odyssey: 20 Years of Implementation of UNESCO's 2005 Convention in Nigeria, 2025
The rapid digitisation of cultural heritage has presented both unprecedented opportunities and si... more The rapid digitisation of cultural heritage has presented both unprecedented opportunities and significant challenges. While digital technologies have facilitated access to and preservation of cultural heritage, they have also raised concerns about intellectual property rights and the potential for misuse and exploitation. This chapter explores the complex interplay between cultural heritage and intellectual property rights in the digital age, with a specific focus on the implications of the UNESCO 2005 Convention on the Protection and Promotion of the Diversity of Cultural Expressions. The chapter will examine the challenges posed by the digitalization of cultural heritage, such as copyright infringement, unauthorized use, and the erosion of traditional knowledge systems. It will discuss how the UNESCO 2005 Convention provides a framework for addressing these challenges by emphasizing the importance of cultural diversity, equitable access to cultural heritage, and the protection of traditional knowledge and expressions. Furthermore, the paper will explore the potential of digital technologies to enhance the protection and promotion of cultural heritage, including through the use of digital rights management systems, block-chain technology, and artificial intelligence. It will discuss how these technologies can be used to safeguard cultural heritage, facilitate access to cultural content, and promote cultural exchange. By analysing the interplay between cultural heritage, intellectual property rights, and digital technologies, this chapter aims to contribute to the on-going debate on how Nigeria has implemented the 2005 Convention in 20 years, to effectively protect and promote cultural heritage in the digital age. It will also explore the role of international cooperation and national legislation in implementing the principles of the UNESCO 2005 Convention.
Indiana Journal of Economics and Business Management, 2024
This study investigated the effect of regulatory support as contextual factor on performance of i... more This study investigated the effect of regulatory support as contextual factor on performance of insurance industry operators in Lagos State, Nigeria. The sample of the study comprises of seventeen (17) food and beverage companies listed on the Nigerian Stock Exchange market. Primary data will be collected to address the objectives of this study. The study аdоpted structured closed-ended questionnaires to collect data from the top strategic units of the insurance industry operators in Lagos State, Nigeria. The seventy insurance operators are categorized into sixty-seven (67) insurance companies and three (3) reinsurance companies. Of the sixty-seven (67) Insurance companies, thirteen (13) are Life specialist company, twenty-seven (27) are Non-life or General Business companies, thirteen (13) Composite companies, nine (9) Micro Insurance companies and five (5) Takaful Insurance companies. Findings of this study indicates regulatory support has positive and significant moderating effect on the association between contextual factors and performance of insurance industry operators in Lagos State, Nigeria (ΔR2=0.285, ΔF= 51.870, P= 0.000). This study concluded that there was a statistically significant effect of contextual factors on performance of insurance industry operators. Further analysis showed that regulatory support has significant moderating effect on the interaction between contextual factors and performance of insurance industry operators in Lagos State, Nigeria. The study therefore recommended that technology integration, crisis management preparedness and social responsibility initiatives have insignificant relatives contribute to loss development making the effect of contextual factors on loss development to be low.
Indiana Journal of Economics and Business Management, 2024
This study investigated the roles of forensic accounting techniques in detection of fraud in publ... more This study investigated the roles of forensic accounting techniques in detection of fraud in public polytechnics in Oyo state, Nigeria. Survey research design was adopted for this study, which was in the form of a well-structured closed ended questionnaire. 50 staff of the bursary unit of each of the four (4) public polytechnics in Oyo state, Nigeria were selected using purposive sampling techniques to make up the 200 respondents that served as the population for the study. These tertiary institutions include: The Polytechnic Ibadan, Ibadan, The Oke-Ogun Polytechnic, Saki, Adeseun Ogundoyin Polytechnic, Eruwa, and The Oyo state College of Agriculture and Technology, Oyo. Data was obtained from both primary and secondary sources and analysed using simple percentage and T – test to test the hypothesis. Findings revealed that the knowledge of forensic accounting has not been introduced in the accounting for funds being generated in the Oyo state education sector and most tertiary institutions in Nigeria. The study concluded that various forensic accounting techniques should be employed to detect, prevent and deter fraud in public polytechnics in Oyo state. The study recommended that there is the need to focus on training and updating the skills of the internal control and audit staff in forensic accounting techniques, for their effective services deliveries; governments at all levels should have the political will to prosecute offenders and institutionalize policies and employ the application of forensic accounting techniques.
JOURNAL OF ACADEMIC RESEARCH IN ECONOMICS, 2024
This study investigated how pension investments affect financial access in Nigeria. Ex-post facto... more This study investigated how pension investments affect financial access in Nigeria. Ex-post facto research design was employed, analyzing data spanning the years, 2007 to 2020. The study collected data from various sources including the World Bank Database's World Development Indicator (WDI), the Central Bank of Nigeria (CBN) statistical bulletin, and the Pension Commission. The Autoregressive Distributed Lag (ARDL) testing technique was utilized to explore both short and long-term relationships among the variables, using Eviews 12 software. The findings from the long-term model reveal a positive relationship between, FGN securities, pension investments in equities, mutual funds, and financial access. This suggests that increases in these types of pension investments would likely lead to an expansion of financial access in Nigeria. Conversely, the research uncovered a detrimental link between pension investments in nearby money market securities and financial accessibility. In contrast, upon short-term examination, mutual funds and pension investments in FGN securities exhibited a favorable correlation with financial accessibility, while investments in equities and nearby money market securities displayed an adverse association with financial accessibility. This study, however, suggests the ease of access to financial services which includes deposit, saving, payment, insurance, and other risk management services for both the unbanked and underbanked categories will promote the significant impact of pension investment, therefore, improving public credit guarantee schemes for investment.
Global Journal of Economic and Finance Research, 2024
This study explored the impact of forensic anonymous communication on fraud detection in public p... more This study explored the impact of forensic anonymous communication on fraud detection in public polytechnics in Oyo state, Nigeria. Data was gathered from both primary and secondary sources using a well-structured closed ended questionnaire. The study employed survey research design. The population of the study comprised 50 staff of the bursary unit of each of the four (4) public polytechnics in Oyo state, Nigeria to make up the total of 200 participants. Findings from the simple percentage analysis revealed that anonymous communications are suitable forensic investigation techniques because they are efficient and transparent; and facts and figures can be gotten within a reasonable period. The study then concluded that Anonymous Communication with the combination of two or more techniques, should be used by forensic accountants, forensic legal practitioners, and all other similar parties so as to have flexibility to test different methods in the practice of forensic accounting and fraud investigation. Therefore, the study recommended that the use of anonymous communication methods should be encouraged as well as extensive awareness should be put in place for the use by the public as well as quick responses to queries should be encouraged; government should demonstrate more interest in forensic accounting for monitoring and pursuing suspected perpetrators in fraud cases which is critical in higher institutions, particularly among bursary staff and management; that forensic accounting techniques should be deployed to help prevent and reduce fraudulent activity.
International Journal of Social Sciences and Management Review
This study examined the impact of insecurity and inflation on the sustainability of Small and Med... more This study examined the impact of insecurity and inflation on the sustainability of Small and Medium Enterprises (SMEs) in Nigeria from 2008 to 2023. Using time-series data obtained from the National Bureau of Statistics and the Global Terrorism Index, the research focuses on three key variables: SME growth (SMES_G), insecurity (INS), and inflation rate (INF). A quantitative research approach is employed, utilizing E-views version 10 for data analysis, including descriptive statistics, correlation analysis, and multiple linear regressions. The Augmented Dickey-Fuller (ADF) unit root test is conducted to assess the stationarity of the data. The results reveal that insecurity has a significant negative impact on SME growth, with a regression coefficient of 5.1759, indicating that an increase in insecurity corresponds to a 51% decline in sustainability. Additionally, inflation shows a significant adverse effect on SME growth with a coefficient of -0.0404. The Jarque-Bera test confirms the normality of the residuals, ensuring the validity of the regression results. The findings support the hypothesis that insecurity significantly hampers the sustainability of SMEs in Nigeria, highlighting the need for improved security measures to create a conducive environment for business growth. This research underscores the critical role of security in promoting SME sustainability and calls for government intervention to address the rising insecurity that threatens socio-economic development in Nigeria. Recommendations include enhanced security measures, job creation, and strengthening intelligence and counter-terrorism strategies.
International Journal of Social Sciences and Management Review, 2024
Financial performance of any firm is a function of continuous improvement, while audit quality is... more Financial performance of any firm is a function of continuous improvement, while audit quality is essential in influencing financial performance by ensuring the accuracy and reliability of financial reports key factors for stakeholders' decision-making and corporate transparency. In Nigeria’s insurance sector, financial performance, particularly Return on Assets (ROA), serves as a fundamental indicator of success. This study examines the impact of audit quality on the financial performance of listed insurance companies, focusing on audit fees, audit independence, and audit firm size. Using an ex-post facto research design, secondary data was collected from 22 listed insurance firms between 2017 and 2021. Descriptive statistics and multiple regression analysis were employed to analyze the relationship between audit quality and ROA. The results reveal that audit fees have a significant positive effect on ROA (β = 3.71, p < 0.05; F = 4.37, p < 0.05), while audit independence also positively influences ROA, though less strongly (β = 4.89, p < 0.05; F = 0.67, p < 0.05). In contrast, audit firm size has a significant negative impact on ROA (β = -0.24, p < 0.05; F = 11.90, p < 0.05). The study’s models were validated by Durbin-Watson statistics, indicating minimal autocorrelation. These findings underscore the importance of audit quality, particularly audit fees and independence, in enhancing financial performance, while larger audit firms may hinder it. The study offers key insights for auditors, regulators, and stakeholders focused on improving financial transparency and the overall performance of insurance companies.
Global Journal of Economic and Finance Research, 2024
Financial performance is influenced by audit quality, which is essential for ensuring the accurac... more Financial performance is influenced by audit quality, which is essential for ensuring the accuracy and reliability of financial reports that is imperative for stakeholders' decision-making and corporate transparency. In the context of Nigeria's insurance sector, financial performance, particularly Earnings Per Share (EPS), has become a key measure of success. This study investigates the effect of audit quality on EPS in listed insurance companies, focusing on three primary components: audit fees, auditor independence, and audit firm size. The study adopts an ex-post facto research design, analyzing data from 22 listed insurance firms over a five-year period (2017-2021). Descriptive statistics, unit root tests, and multiple regression analysis were employed. Results from the unit root test confirm that all variables are stationary, allowing for time-series analysis. The findings show that audit fees have a significant positive impact on EPS (β = 5.61, p < 0.05; F = 5.10, p < 0.05), while auditor independence exhibits a negative but significant effect on EPS (β = -3.30, p < 0.05; F = 5.39, p < 0.05). Additionally, audit firm size positively influences EPS (β = 0.36, p < 0.05; F = 1.13, p < 0.05). The model’s reliability is supported by Durbin-Watson statistics close to 2, indicating minimal autocorrelation. These findings underscore the importance of audit quality in shaping the financial performance of insurance companies in Nigeria, providing valuable insights for auditors, regulators, and stakeholders aiming to enhance financial transparency and performance.
Lead City Journal of the Social Sciences (LCJSS), 2024
This study responds to recent calls for more research on this subject by empirically examining th... more This study responds to recent calls for more research on this subject by empirically examining the effect
of board attributes on risk disclosure of quoted industrial goods firms listed on the Nigerian Exchange
Group. This study adopts an ex post facto research design. The population of the study comprised all the
13 listed industrial goods firms. Data were extracted from the published financial statements of the
industrial goods companies, covering a period of ten (10) years from 2013 to 2024. Risk disclosure was
measured using dichotomous scale “1” if a company discloses risk in the financial statement, “0”
otherwise. The study employs logistic regression as the technique of analysis with the aid of STATA
version 16 as a tool for analysis. The results indicate that board independence, board size and board
gender diversity all have significant effects on the extent of risk disclosure in industrial goods
companies listed on the Nigerian Exchange Group. The study concluded that the composition is a viable
corporate mechanism for improved voluntary disclosure such as risk disclosure in industrial goods
companies. This study recommends that the Nigerian industrial goods sector be composed of boards
with diversities such as gender, expertise, and nationality, especially the independent directors who can
bring their experiences to bear in making decisions with respect to risk information disclosures.
MALETE JOURNAL OF ACCOUNTING AND FINANCE, 2024
The increasing prevalence of earnings management in Nigerian companies indicates that this practi... more The increasing prevalence of earnings management in Nigerian companies indicates that this
practice is quickly becoming a significant issue for stakeholders. Discrepancies in accounting data
are concerning, and the poor quality of financial reporting and accounting data is leading to
growing doubts about the accuracy and usefulness of the information provided in financial reports.
Consequently, this study focused on the relationship between firm characteristics and
discretionary cash flow in listed oil and gas firms in Nigeria. A longitudinal research approach
was employed on a population comprising of the 12 oil and gas companies that were listed as of
the last quarter of 2021 on the Nigerian Exchange Group (NGX). The study adopted secondary
data from the 2002–2021 annual reports of oil and gas companies listed on the Nigerian Exchange
Group while the Pooled Ordinary Least Square (OLS) regression analysis was deployed as the
method of data analysis. The findings revealed that discretionary cash flow and the firm
characteristics of oil and gas firms have a negative significant relationship. Based on the above
findings, this study concluded that an abundance of operating cash flow lessens the propensity to
participate in earnings management. The study therefore recommended that companies listed on
the Nigerian Exchange Group (NGX) should abide by the governance reforms already in place in
the nation, such as sufficient assessment, investigation, and scrutiny of the company's financial
statement and sufficient protocols for the early identification of earnings management practices.
FUDMA JOURNAL OF ACCOUNTING AND FINANCE RESEARCH [FUJAFR], 2024
This study investigated the relationship between audit market concentration, auditor attributes, ... more This study investigated the relationship between audit market concentration, auditor attributes, and audit quality of quoted consumer goods firms in Nigeria. A purposive sampling technique was used to select five (5) quoted consumer goods firms that consistently published their annual reports from 2012 to 2020. Secondary data were sourced from annual reports of the selected quoted consumer goods in Nigeria. Data collected were analyzed using the pooled regression least square estimation technique. The result of the study revealed that audit market concentration exerts a positive and significant effect on the audit quality of quoted consumer goods firms in Nigeria. The result also indicates that the auditor’s independence positively and significantly impacts audit quality. In contrast, the auditor’s tenure has an insignificant positive effect on the audit quality of quoted consumer goods firms in Nigeria. Based on these findings, this study concludes that audit market concentration and auditor attributes improve audit quality of consumer goods firms in Nigeria. The study, therefore, recommends that firms ensure frequent auditor rotation to limit the chances of auditor-client over-familiarity which will jeopardize independence and reduce audit quality.
ISRG Journal of Economics, Business & Management (ISRGJEBM)
A bank's efficiency and sustainability over the long term require strong internal controls and a ... more A bank's efficiency and sustainability over the long term require strong internal controls and a clear strategic direction, both of which can be validated by a thorough audit performed by the bank's corporate parent. This study used an ex-post facto design, analyzing secondary data to predict current trends and investigates how audit independence affects financial performance. Secondary data was obtained from annual reports of the listed deposit money banks that were listed on the Nigerian Stock Exchange as of December 31, 2016. The data were examined using descriptive and inferential statistics (Pearson Product Moment Correlation and Regression). According to the findings, the coefficient of correlation (r) = 0.718 showed a positive relationship between financial performance and audit independence. As a result, more audit independence leads to better financial performance, and vice versa. There is a significant and positive correlation between financial performance and audit independence. The study gives management of listed deposit money banks with the strategic insight they need to make evidence-based decisions about audit independence and the resulting financial performance.
The Certified National Accountant Journal (CNAJ), 2024
Users of financial reports of companies have shifted their interest from only profitability to ef... more Users of financial reports of companies have shifted their interest
from only profitability to efforts of enterprises in addressing
environmental problems, global climate change, carbon reduction,
and their vision for green development. Business stakeholders
particularly investors are more interested in investing their funds in
enterprises that demonstrate commitment to de-carbonization and
reduction of harmful effects of their operation on society and
reporting. Reporting/disclosure is an issue in Nigeria where
Carbon Accounting Information Disclosure (CAID) is voluntary.
The voluntary disclosure has generated doubts about whether it has
impacted on investors' attitudes to commit their funds to enterprises
in the Nigerian economy. The aim of this study there is to examine
the impact of CAID on the attitudes of investors to invest in
enterprises in Nigeria. Data for the study were collected primarily
through a questionnaire administered to a sample of investors in
corporate enterprises in Nigeria. Analysis of the data was done
through Partial Least Square Structural Equation Modeling (PLSSEM).
Results indicated that the disclosure has a positive and significant impact on investors' attitudes toward investing in
enterprises in the Nigerian economy. The study recommended that
the government should by legislation make CAID compulsory in
Nigeria, especially for those enterprises whose activities have a
direct impact on the environment and society.
Small Business Accounting Management and Entrepreneurship Review (SBAMER), 2024
It is evident that SMEs have formed a significant part of the broader South African mining indust... more It is evident that SMEs have formed a significant part of the broader South African mining industry, faced their fair share of constraints and challenges, and often experienced a high failure rate. In light of this, the research objective of this study is to identify the CG practices followed by an established medium-sized enterprise in the mining industry. The study explored ethical culture, good performance, effective control, and legitimacy as CG outcomes in this particular SME, aiming to determine whether these practices have effectively addressed the challenges faced by SMEs. The study employed a qualitative research approach with two stages. First, a review of previous research regarding SME challenges. Second, a case study research design with a single medium-sized enterprise mine in the NorthWest province will be used as the unit of analysis. Data were collected using MS Teams, telephonic, and semistructured interviews. The transcribed interviews were analyzed using Microsoft Excel. The SME demonstrated a strong ethical culture, achieved good performance through regular performance reporting and evaluation of the company's core purpose, aligned to the effective control theme since the SME has a unique governing body and addresses the challenges of their size by implementing a governance structure and delegating authority and holds regular meetings with internal and external stakeholders to maintain a good relationship with stakeholders in order to fulfill the legitimacy theme. The study, therefore, concluded that CG outcomes are well understood and practiced by SMEs in the mining industry, affirming the effectiveness of these practices in addressing the challenges faced by SMEs.
Journal of Economics, Business and Market Research (JEBMR), 2024
The study focused on the effect of field and back duty tax audit and investigations on tax revenu... more The study focused on the effect of field and back duty tax audit and investigations on tax revenue generation in Ibadan, Oyo State Nigeria. The research adopted a descriptive survey design method for the purpose of carrying out a good analysis and reaching a reasonable conclusion. The study populations are the 9800 staffs at the Federal Inland Revenue Service from which the target and accessible population will be drawn. The study used which were mainly collected through primary sources with the use of a well-structured questionnaire. However, secondary data were also collected from documents and published records like state development journals, newspaper, magazines, internet sources which are majorly used for diverse literature review. The study employed simple regression analysis to assess hypotheses. The data analysis was performed using the software Statistical Package for Social Sciences (SPSS version 23). Findings showed that the effect of field tax audit and back duty tax audit and investigations on tax revenue generation in Nigeria is likewise at a good level. The study therefore recommended that tax audit should be conducted on a regular basis to act as a check and a preventive measure for tax evasion and revenue generation and also, in order to increase government tax revenue generation in Nigeria, tax audit should be intensified by Nigeria government.
American International Journal of Business Management , 2024
This study examined the effect of trend analysis and internal control systems in prevention of fi... more This study examined the effect of trend analysis and internal control systems in prevention of financial fraud in the Oyo State local government council. The descriptive research methodology was adopted to gather opinions from Local Government staff. The population of the study includedall the Local Government in Oyo State. The study made use ofstructured questionnaire and key informant interviews was conducted in all the Local Government in Oyo State. The descriptive as well as inferential methods were used to analyseresponses. The findings showed that there is a positive relationship between trend analysis and financial reporting quality as well as a positive perception of the effectiveness of the internal control system in preventing financial fraud within the local government council.Based on the above findings, this study concluded that it is important for local government authorities to embrace forensic auditing techniques and strategies as part of their efforts for good internal control system and to combat financial fraud and promote transparent financial management practices. The study therefore recommended thatthe council should prioritize the adoption of trend analysis techniques as part of their internal control practices and also the local government council should actively seek opportunities for collaboration and information sharing with other relevant stakeholders, such as government agencies, professional bodies, and academic institutions.
Annals of Spiru Haret University. Economic Series,, 2023
Economic growth is one of the most extensively alluded economic indicators. This study focused on... more Economic growth is one of the most extensively alluded economic indicators. This study focused on the effect of financial stability on economic growth of Nigeria. An ex-post facto research design was adopted for the study. The study adopted secondary data. Annual reports data gathered on Return on assets and non-performing loans of eight (8) banks with international authorization to represent all deposit money banks in Nigeria covering the period of 2002 to 2021. Purposive sampling was employed to choose data from Nigeria. Annual data covering the entire study period was collected and analyzed using the E-Views 9 statistical package. Findings revealed that Return on asset (ROA) has a negative relationship with Nigerian economic growth and the effect is statistically significant (ꞵ=-0.051184; P-Value = 0.0390). Non-performing loan (NPL) has a negative correlation with Nigerian economic growth and the effect is statistically insignificant (ꞵ=-0.016001; P-Value =0.4983). The study concluded that financial stability when managed appropriately hold potential to enhancing Nigerian economic growth. Based on the findings, the study recommended that government should establish a steady exchange rate regime capable of encouraging capital inflows into the country and boost Nigeria's financial stability. In addition, the current efforts designed at checkmating loan defaults in the banking system through the
Abuja Journal of Administration & Management, 2024
Several challenges face nations when they acquire public debt unnecessarily. Ordinarily, there is... more Several challenges face nations when they acquire public debt unnecessarily. Ordinarily, there is nothing bad in borrowing funds for developmental purposes, but many developing countries borrow funds that are not required. The study examined public debt in Nigeria by identifying the challenges facing its management and highlighting the ways of improving public debt management. The study was conducted in the Federal Capital Territory (FCT), Abuja, where the relevant organisations in charge of the management of public debt, such as the Debt Management Office, Federal Ministry of Finance, Federal Ministry of Budget and Planning, the Central Bank of Nigeria, are domiciled. The study used the Dependency Theory which explains the relationship between the development of Third World countries and the West. The research design was both quantitative and qualitative. Data were obtained from primary and secondary sources from a cross-section of respondents selected through the multistage sampling procedure, using a well-structured questionnaire and informal interview of a sample size of one hundred and twenty (120) respondents. The data were collated and analysed using
descriptive and inferential statistics. It was discovered that public debt in Nigeria was not properly managed. The paper recommends that Nigeria should look at other means of funding development projects apart from acquiring public debt.
A handbook on Artificial Intelligence and Quality Higher Education, 2025
This chapter explores the evolving landscape of academic dishonesty in the context of artificial ... more This chapter explores the evolving landscape of academic dishonesty in the context of artificial intelligence (AI). It analyzes how AI can be used to enhance academic integrity, while also addressing the challenges and limitations of AI-driven solutions. The chapter discusses the use of AI in detecting plagiarism, evaluating essays, and identifying collusion patterns. It examines the benefits and drawbacks of AI-based techniques and highlights the importance of ethical considerations and human oversight in maintaining academic standards. The chapter provides insights into how educational institutions can leverage AI to safeguard academic standards and maintain the credibility of their programmes.
Cultural Odyssey: 20 Years of Implementation of UNESCO's 2005 Convention in Nigeria, 2025
The rapid digitisation of cultural heritage has presented both unprecedented opportunities and si... more The rapid digitisation of cultural heritage has presented both unprecedented opportunities and significant challenges. While digital technologies have facilitated access to and preservation of cultural heritage, they have also raised concerns about intellectual property rights and the potential for misuse and exploitation. This chapter explores the complex interplay between cultural heritage and intellectual property rights in the digital age, with a specific focus on the implications of the UNESCO 2005 Convention on the Protection and Promotion of the Diversity of Cultural Expressions. The chapter will examine the challenges posed by the digitalization of cultural heritage, such as copyright infringement, unauthorized use, and the erosion of traditional knowledge systems. It will discuss how the UNESCO 2005 Convention provides a framework for addressing these challenges by emphasizing the importance of cultural diversity, equitable access to cultural heritage, and the protection of traditional knowledge and expressions. Furthermore, the paper will explore the potential of digital technologies to enhance the protection and promotion of cultural heritage, including through the use of digital rights management systems, block-chain technology, and artificial intelligence. It will discuss how these technologies can be used to safeguard cultural heritage, facilitate access to cultural content, and promote cultural exchange. By analysing the interplay between cultural heritage, intellectual property rights, and digital technologies, this chapter aims to contribute to the on-going debate on how Nigeria has implemented the 2005 Convention in 20 years, to effectively protect and promote cultural heritage in the digital age. It will also explore the role of international cooperation and national legislation in implementing the principles of the UNESCO 2005 Convention.
Indiana Journal of Economics and Business Management, 2024
This study investigated the effect of regulatory support as contextual factor on performance of i... more This study investigated the effect of regulatory support as contextual factor on performance of insurance industry operators in Lagos State, Nigeria. The sample of the study comprises of seventeen (17) food and beverage companies listed on the Nigerian Stock Exchange market. Primary data will be collected to address the objectives of this study. The study аdоpted structured closed-ended questionnaires to collect data from the top strategic units of the insurance industry operators in Lagos State, Nigeria. The seventy insurance operators are categorized into sixty-seven (67) insurance companies and three (3) reinsurance companies. Of the sixty-seven (67) Insurance companies, thirteen (13) are Life specialist company, twenty-seven (27) are Non-life or General Business companies, thirteen (13) Composite companies, nine (9) Micro Insurance companies and five (5) Takaful Insurance companies. Findings of this study indicates regulatory support has positive and significant moderating effect on the association between contextual factors and performance of insurance industry operators in Lagos State, Nigeria (ΔR2=0.285, ΔF= 51.870, P= 0.000). This study concluded that there was a statistically significant effect of contextual factors on performance of insurance industry operators. Further analysis showed that regulatory support has significant moderating effect on the interaction between contextual factors and performance of insurance industry operators in Lagos State, Nigeria. The study therefore recommended that technology integration, crisis management preparedness and social responsibility initiatives have insignificant relatives contribute to loss development making the effect of contextual factors on loss development to be low.
Indiana Journal of Economics and Business Management, 2024
This study investigated the roles of forensic accounting techniques in detection of fraud in publ... more This study investigated the roles of forensic accounting techniques in detection of fraud in public polytechnics in Oyo state, Nigeria. Survey research design was adopted for this study, which was in the form of a well-structured closed ended questionnaire. 50 staff of the bursary unit of each of the four (4) public polytechnics in Oyo state, Nigeria were selected using purposive sampling techniques to make up the 200 respondents that served as the population for the study. These tertiary institutions include: The Polytechnic Ibadan, Ibadan, The Oke-Ogun Polytechnic, Saki, Adeseun Ogundoyin Polytechnic, Eruwa, and The Oyo state College of Agriculture and Technology, Oyo. Data was obtained from both primary and secondary sources and analysed using simple percentage and T – test to test the hypothesis. Findings revealed that the knowledge of forensic accounting has not been introduced in the accounting for funds being generated in the Oyo state education sector and most tertiary institutions in Nigeria. The study concluded that various forensic accounting techniques should be employed to detect, prevent and deter fraud in public polytechnics in Oyo state. The study recommended that there is the need to focus on training and updating the skills of the internal control and audit staff in forensic accounting techniques, for their effective services deliveries; governments at all levels should have the political will to prosecute offenders and institutionalize policies and employ the application of forensic accounting techniques.
JOURNAL OF ACADEMIC RESEARCH IN ECONOMICS, 2024
This study investigated how pension investments affect financial access in Nigeria. Ex-post facto... more This study investigated how pension investments affect financial access in Nigeria. Ex-post facto research design was employed, analyzing data spanning the years, 2007 to 2020. The study collected data from various sources including the World Bank Database's World Development Indicator (WDI), the Central Bank of Nigeria (CBN) statistical bulletin, and the Pension Commission. The Autoregressive Distributed Lag (ARDL) testing technique was utilized to explore both short and long-term relationships among the variables, using Eviews 12 software. The findings from the long-term model reveal a positive relationship between, FGN securities, pension investments in equities, mutual funds, and financial access. This suggests that increases in these types of pension investments would likely lead to an expansion of financial access in Nigeria. Conversely, the research uncovered a detrimental link between pension investments in nearby money market securities and financial accessibility. In contrast, upon short-term examination, mutual funds and pension investments in FGN securities exhibited a favorable correlation with financial accessibility, while investments in equities and nearby money market securities displayed an adverse association with financial accessibility. This study, however, suggests the ease of access to financial services which includes deposit, saving, payment, insurance, and other risk management services for both the unbanked and underbanked categories will promote the significant impact of pension investment, therefore, improving public credit guarantee schemes for investment.
Global Journal of Economic and Finance Research, 2024
This study explored the impact of forensic anonymous communication on fraud detection in public p... more This study explored the impact of forensic anonymous communication on fraud detection in public polytechnics in Oyo state, Nigeria. Data was gathered from both primary and secondary sources using a well-structured closed ended questionnaire. The study employed survey research design. The population of the study comprised 50 staff of the bursary unit of each of the four (4) public polytechnics in Oyo state, Nigeria to make up the total of 200 participants. Findings from the simple percentage analysis revealed that anonymous communications are suitable forensic investigation techniques because they are efficient and transparent; and facts and figures can be gotten within a reasonable period. The study then concluded that Anonymous Communication with the combination of two or more techniques, should be used by forensic accountants, forensic legal practitioners, and all other similar parties so as to have flexibility to test different methods in the practice of forensic accounting and fraud investigation. Therefore, the study recommended that the use of anonymous communication methods should be encouraged as well as extensive awareness should be put in place for the use by the public as well as quick responses to queries should be encouraged; government should demonstrate more interest in forensic accounting for monitoring and pursuing suspected perpetrators in fraud cases which is critical in higher institutions, particularly among bursary staff and management; that forensic accounting techniques should be deployed to help prevent and reduce fraudulent activity.
International Journal of Social Sciences and Management Review
This study examined the impact of insecurity and inflation on the sustainability of Small and Med... more This study examined the impact of insecurity and inflation on the sustainability of Small and Medium Enterprises (SMEs) in Nigeria from 2008 to 2023. Using time-series data obtained from the National Bureau of Statistics and the Global Terrorism Index, the research focuses on three key variables: SME growth (SMES_G), insecurity (INS), and inflation rate (INF). A quantitative research approach is employed, utilizing E-views version 10 for data analysis, including descriptive statistics, correlation analysis, and multiple linear regressions. The Augmented Dickey-Fuller (ADF) unit root test is conducted to assess the stationarity of the data. The results reveal that insecurity has a significant negative impact on SME growth, with a regression coefficient of 5.1759, indicating that an increase in insecurity corresponds to a 51% decline in sustainability. Additionally, inflation shows a significant adverse effect on SME growth with a coefficient of -0.0404. The Jarque-Bera test confirms the normality of the residuals, ensuring the validity of the regression results. The findings support the hypothesis that insecurity significantly hampers the sustainability of SMEs in Nigeria, highlighting the need for improved security measures to create a conducive environment for business growth. This research underscores the critical role of security in promoting SME sustainability and calls for government intervention to address the rising insecurity that threatens socio-economic development in Nigeria. Recommendations include enhanced security measures, job creation, and strengthening intelligence and counter-terrorism strategies.
International Journal of Social Sciences and Management Review, 2024
Financial performance of any firm is a function of continuous improvement, while audit quality is... more Financial performance of any firm is a function of continuous improvement, while audit quality is essential in influencing financial performance by ensuring the accuracy and reliability of financial reports key factors for stakeholders' decision-making and corporate transparency. In Nigeria’s insurance sector, financial performance, particularly Return on Assets (ROA), serves as a fundamental indicator of success. This study examines the impact of audit quality on the financial performance of listed insurance companies, focusing on audit fees, audit independence, and audit firm size. Using an ex-post facto research design, secondary data was collected from 22 listed insurance firms between 2017 and 2021. Descriptive statistics and multiple regression analysis were employed to analyze the relationship between audit quality and ROA. The results reveal that audit fees have a significant positive effect on ROA (β = 3.71, p < 0.05; F = 4.37, p < 0.05), while audit independence also positively influences ROA, though less strongly (β = 4.89, p < 0.05; F = 0.67, p < 0.05). In contrast, audit firm size has a significant negative impact on ROA (β = -0.24, p < 0.05; F = 11.90, p < 0.05). The study’s models were validated by Durbin-Watson statistics, indicating minimal autocorrelation. These findings underscore the importance of audit quality, particularly audit fees and independence, in enhancing financial performance, while larger audit firms may hinder it. The study offers key insights for auditors, regulators, and stakeholders focused on improving financial transparency and the overall performance of insurance companies.
Global Journal of Economic and Finance Research, 2024
Financial performance is influenced by audit quality, which is essential for ensuring the accurac... more Financial performance is influenced by audit quality, which is essential for ensuring the accuracy and reliability of financial reports that is imperative for stakeholders' decision-making and corporate transparency. In the context of Nigeria's insurance sector, financial performance, particularly Earnings Per Share (EPS), has become a key measure of success. This study investigates the effect of audit quality on EPS in listed insurance companies, focusing on three primary components: audit fees, auditor independence, and audit firm size. The study adopts an ex-post facto research design, analyzing data from 22 listed insurance firms over a five-year period (2017-2021). Descriptive statistics, unit root tests, and multiple regression analysis were employed. Results from the unit root test confirm that all variables are stationary, allowing for time-series analysis. The findings show that audit fees have a significant positive impact on EPS (β = 5.61, p < 0.05; F = 5.10, p < 0.05), while auditor independence exhibits a negative but significant effect on EPS (β = -3.30, p < 0.05; F = 5.39, p < 0.05). Additionally, audit firm size positively influences EPS (β = 0.36, p < 0.05; F = 1.13, p < 0.05). The model’s reliability is supported by Durbin-Watson statistics close to 2, indicating minimal autocorrelation. These findings underscore the importance of audit quality in shaping the financial performance of insurance companies in Nigeria, providing valuable insights for auditors, regulators, and stakeholders aiming to enhance financial transparency and performance.
Lead City Journal of the Social Sciences (LCJSS), 2024
This study responds to recent calls for more research on this subject by empirically examining th... more This study responds to recent calls for more research on this subject by empirically examining the effect
of board attributes on risk disclosure of quoted industrial goods firms listed on the Nigerian Exchange
Group. This study adopts an ex post facto research design. The population of the study comprised all the
13 listed industrial goods firms. Data were extracted from the published financial statements of the
industrial goods companies, covering a period of ten (10) years from 2013 to 2024. Risk disclosure was
measured using dichotomous scale “1” if a company discloses risk in the financial statement, “0”
otherwise. The study employs logistic regression as the technique of analysis with the aid of STATA
version 16 as a tool for analysis. The results indicate that board independence, board size and board
gender diversity all have significant effects on the extent of risk disclosure in industrial goods
companies listed on the Nigerian Exchange Group. The study concluded that the composition is a viable
corporate mechanism for improved voluntary disclosure such as risk disclosure in industrial goods
companies. This study recommends that the Nigerian industrial goods sector be composed of boards
with diversities such as gender, expertise, and nationality, especially the independent directors who can
bring their experiences to bear in making decisions with respect to risk information disclosures.
MALETE JOURNAL OF ACCOUNTING AND FINANCE, 2024
The increasing prevalence of earnings management in Nigerian companies indicates that this practi... more The increasing prevalence of earnings management in Nigerian companies indicates that this
practice is quickly becoming a significant issue for stakeholders. Discrepancies in accounting data
are concerning, and the poor quality of financial reporting and accounting data is leading to
growing doubts about the accuracy and usefulness of the information provided in financial reports.
Consequently, this study focused on the relationship between firm characteristics and
discretionary cash flow in listed oil and gas firms in Nigeria. A longitudinal research approach
was employed on a population comprising of the 12 oil and gas companies that were listed as of
the last quarter of 2021 on the Nigerian Exchange Group (NGX). The study adopted secondary
data from the 2002–2021 annual reports of oil and gas companies listed on the Nigerian Exchange
Group while the Pooled Ordinary Least Square (OLS) regression analysis was deployed as the
method of data analysis. The findings revealed that discretionary cash flow and the firm
characteristics of oil and gas firms have a negative significant relationship. Based on the above
findings, this study concluded that an abundance of operating cash flow lessens the propensity to
participate in earnings management. The study therefore recommended that companies listed on
the Nigerian Exchange Group (NGX) should abide by the governance reforms already in place in
the nation, such as sufficient assessment, investigation, and scrutiny of the company's financial
statement and sufficient protocols for the early identification of earnings management practices.
FUDMA JOURNAL OF ACCOUNTING AND FINANCE RESEARCH [FUJAFR], 2024
This study investigated the relationship between audit market concentration, auditor attributes, ... more This study investigated the relationship between audit market concentration, auditor attributes, and audit quality of quoted consumer goods firms in Nigeria. A purposive sampling technique was used to select five (5) quoted consumer goods firms that consistently published their annual reports from 2012 to 2020. Secondary data were sourced from annual reports of the selected quoted consumer goods in Nigeria. Data collected were analyzed using the pooled regression least square estimation technique. The result of the study revealed that audit market concentration exerts a positive and significant effect on the audit quality of quoted consumer goods firms in Nigeria. The result also indicates that the auditor’s independence positively and significantly impacts audit quality. In contrast, the auditor’s tenure has an insignificant positive effect on the audit quality of quoted consumer goods firms in Nigeria. Based on these findings, this study concludes that audit market concentration and auditor attributes improve audit quality of consumer goods firms in Nigeria. The study, therefore, recommends that firms ensure frequent auditor rotation to limit the chances of auditor-client over-familiarity which will jeopardize independence and reduce audit quality.
ISRG Journal of Economics, Business & Management (ISRGJEBM)
A bank's efficiency and sustainability over the long term require strong internal controls and a ... more A bank's efficiency and sustainability over the long term require strong internal controls and a clear strategic direction, both of which can be validated by a thorough audit performed by the bank's corporate parent. This study used an ex-post facto design, analyzing secondary data to predict current trends and investigates how audit independence affects financial performance. Secondary data was obtained from annual reports of the listed deposit money banks that were listed on the Nigerian Stock Exchange as of December 31, 2016. The data were examined using descriptive and inferential statistics (Pearson Product Moment Correlation and Regression). According to the findings, the coefficient of correlation (r) = 0.718 showed a positive relationship between financial performance and audit independence. As a result, more audit independence leads to better financial performance, and vice versa. There is a significant and positive correlation between financial performance and audit independence. The study gives management of listed deposit money banks with the strategic insight they need to make evidence-based decisions about audit independence and the resulting financial performance.
The Certified National Accountant Journal (CNAJ), 2024
Users of financial reports of companies have shifted their interest from only profitability to ef... more Users of financial reports of companies have shifted their interest
from only profitability to efforts of enterprises in addressing
environmental problems, global climate change, carbon reduction,
and their vision for green development. Business stakeholders
particularly investors are more interested in investing their funds in
enterprises that demonstrate commitment to de-carbonization and
reduction of harmful effects of their operation on society and
reporting. Reporting/disclosure is an issue in Nigeria where
Carbon Accounting Information Disclosure (CAID) is voluntary.
The voluntary disclosure has generated doubts about whether it has
impacted on investors' attitudes to commit their funds to enterprises
in the Nigerian economy. The aim of this study there is to examine
the impact of CAID on the attitudes of investors to invest in
enterprises in Nigeria. Data for the study were collected primarily
through a questionnaire administered to a sample of investors in
corporate enterprises in Nigeria. Analysis of the data was done
through Partial Least Square Structural Equation Modeling (PLSSEM).
Results indicated that the disclosure has a positive and significant impact on investors' attitudes toward investing in
enterprises in the Nigerian economy. The study recommended that
the government should by legislation make CAID compulsory in
Nigeria, especially for those enterprises whose activities have a
direct impact on the environment and society.
Small Business Accounting Management and Entrepreneurship Review (SBAMER), 2024
It is evident that SMEs have formed a significant part of the broader South African mining indust... more It is evident that SMEs have formed a significant part of the broader South African mining industry, faced their fair share of constraints and challenges, and often experienced a high failure rate. In light of this, the research objective of this study is to identify the CG practices followed by an established medium-sized enterprise in the mining industry. The study explored ethical culture, good performance, effective control, and legitimacy as CG outcomes in this particular SME, aiming to determine whether these practices have effectively addressed the challenges faced by SMEs. The study employed a qualitative research approach with two stages. First, a review of previous research regarding SME challenges. Second, a case study research design with a single medium-sized enterprise mine in the NorthWest province will be used as the unit of analysis. Data were collected using MS Teams, telephonic, and semistructured interviews. The transcribed interviews were analyzed using Microsoft Excel. The SME demonstrated a strong ethical culture, achieved good performance through regular performance reporting and evaluation of the company's core purpose, aligned to the effective control theme since the SME has a unique governing body and addresses the challenges of their size by implementing a governance structure and delegating authority and holds regular meetings with internal and external stakeholders to maintain a good relationship with stakeholders in order to fulfill the legitimacy theme. The study, therefore, concluded that CG outcomes are well understood and practiced by SMEs in the mining industry, affirming the effectiveness of these practices in addressing the challenges faced by SMEs.
Journal of Economics, Business and Market Research (JEBMR), 2024
The study focused on the effect of field and back duty tax audit and investigations on tax revenu... more The study focused on the effect of field and back duty tax audit and investigations on tax revenue generation in Ibadan, Oyo State Nigeria. The research adopted a descriptive survey design method for the purpose of carrying out a good analysis and reaching a reasonable conclusion. The study populations are the 9800 staffs at the Federal Inland Revenue Service from which the target and accessible population will be drawn. The study used which were mainly collected through primary sources with the use of a well-structured questionnaire. However, secondary data were also collected from documents and published records like state development journals, newspaper, magazines, internet sources which are majorly used for diverse literature review. The study employed simple regression analysis to assess hypotheses. The data analysis was performed using the software Statistical Package for Social Sciences (SPSS version 23). Findings showed that the effect of field tax audit and back duty tax audit and investigations on tax revenue generation in Nigeria is likewise at a good level. The study therefore recommended that tax audit should be conducted on a regular basis to act as a check and a preventive measure for tax evasion and revenue generation and also, in order to increase government tax revenue generation in Nigeria, tax audit should be intensified by Nigeria government.
American International Journal of Business Management , 2024
This study examined the effect of trend analysis and internal control systems in prevention of fi... more This study examined the effect of trend analysis and internal control systems in prevention of financial fraud in the Oyo State local government council. The descriptive research methodology was adopted to gather opinions from Local Government staff. The population of the study includedall the Local Government in Oyo State. The study made use ofstructured questionnaire and key informant interviews was conducted in all the Local Government in Oyo State. The descriptive as well as inferential methods were used to analyseresponses. The findings showed that there is a positive relationship between trend analysis and financial reporting quality as well as a positive perception of the effectiveness of the internal control system in preventing financial fraud within the local government council.Based on the above findings, this study concluded that it is important for local government authorities to embrace forensic auditing techniques and strategies as part of their efforts for good internal control system and to combat financial fraud and promote transparent financial management practices. The study therefore recommended thatthe council should prioritize the adoption of trend analysis techniques as part of their internal control practices and also the local government council should actively seek opportunities for collaboration and information sharing with other relevant stakeholders, such as government agencies, professional bodies, and academic institutions.
Annals of Spiru Haret University. Economic Series,, 2023
Economic growth is one of the most extensively alluded economic indicators. This study focused on... more Economic growth is one of the most extensively alluded economic indicators. This study focused on the effect of financial stability on economic growth of Nigeria. An ex-post facto research design was adopted for the study. The study adopted secondary data. Annual reports data gathered on Return on assets and non-performing loans of eight (8) banks with international authorization to represent all deposit money banks in Nigeria covering the period of 2002 to 2021. Purposive sampling was employed to choose data from Nigeria. Annual data covering the entire study period was collected and analyzed using the E-Views 9 statistical package. Findings revealed that Return on asset (ROA) has a negative relationship with Nigerian economic growth and the effect is statistically significant (ꞵ=-0.051184; P-Value = 0.0390). Non-performing loan (NPL) has a negative correlation with Nigerian economic growth and the effect is statistically insignificant (ꞵ=-0.016001; P-Value =0.4983). The study concluded that financial stability when managed appropriately hold potential to enhancing Nigerian economic growth. Based on the findings, the study recommended that government should establish a steady exchange rate regime capable of encouraging capital inflows into the country and boost Nigeria's financial stability. In addition, the current efforts designed at checkmating loan defaults in the banking system through the
The slippery slope is described as ‘playing the system’, ‘beating the system’, and fundamentally ... more The slippery slope is described as ‘playing the system’, ‘beating the system’, and fundamentally neglecting the laid down rules, regulation within the system for selfish reasons. This presentation revealed the justification, ethical or otherwise for creative accounting, aggressive earnings management and related concepts as it affects the professional judgement of fraud examiners. The role of fraud examiners is put to light in ensuring that the users of financial statements are not continued to be put in the dark with respect to the state of the concerned company. This presentation also explores both positive and negative side of Creative accounting and revealed the consequences of the same within the context of fraud examination and financial reporting structures. It is concluded that The use of aggressive accounting techniques may not necessarily be fraudulent. However, it may be the start of a slippery slope, where legitimate earnings management descends into earnings manipulation or fraudulent accounting. This presentation recommends that fraud examiners should take seriously the ACFE code of ethics in resolving the allegation of fraudulent activities as may also concern creative accounting by seeing the bigger picture.
Entrepreneurship process represents a growth-oriented outlook where great leaders are born. Out o... more Entrepreneurship process represents a growth-oriented outlook where great leaders are born. Out of those ideas, there is a need to provide finance for the vehicle of the ideal working capital which is concern about the issues affecting day-to-day management and finance of the
business. This study investigated the effect of working capital financing on entrepreneurship growth in Nigeria by employing ex-post facto research design using panel data analyses of financial information extracted from financial statements for the years 2012 to 2016 of 10
companies listed under “consumer goods” NSE. Descriptive and inferential statistics including multiple regression analysis were employed. This study established that there is a significant positive relationship between working capital financing (as proxied by inventory
management, receivable management payable management and cash management) andentrepreneurship growth in Nigeria (proxied with log of changes in total assets and log of changes in sales volume) resulting R2 =.399, Adjusted R2 = .327, F= 2.797319. the study, therefore concluded that effective working capital financing aids entrepreneurship growth in Nigeria. This study recommended that entrepreneurs and stakeholders should manage working capital components for effective business growth.
OGE Business School, 2020
In recent years, taxation is regarded as a very fundamental tool that drives sustainable developm... more In recent years, taxation is regarded as a very fundamental tool that drives sustainable development and the growth of emerging economies such as Nigeria. Tax incentives are basically premeditated to attract new investment into the country and to expend existing ones in priori industries which is based on the country development plan capable of stimulating economy growth. The broadening of a country’s taxable capacity is often linked in economic literature to the generous incentives prevalent in tax system. The debate of exemptions is imperative since they have a significant impact on the effective tax base. The provisions of generous exemptions often tend to erode the tax base, which inversely affects income elasticity of a tax via tax-to-base elasticity.
Assocaition of Forensic Accounting Researchers (AFAR), 2019
This chapter explored the role of forensic accounting in curbing fraudulent activities.