IMPACT OF FORENSIC AUDITS ON FRAUD CONTROL IN SOME LISTED DEPOSIT MONEY BANKS JALINGO

Abstract

This research examines the Impact of Forensic Audits on Fraud Control in Some Listed Deposit Money Banks Jalingo. Survey research was conducted and a questionnaire instrument was used in some listed deposit money banks Jalingo data obtained via the questionnaires was analyzed using Multiple Regression statistical tools. The finding reveals a significant impact of forensic audits on fraud control in some listed deposit money banks Jalingo. The combined impact of the majority (litigation support and professional expertise) shows a positive impact on fraud control, but forensic investigations have an insignificant impact on fraud control in some listed deposit money banks. , it was recommended that bank management should employ forensic audits by revising the existing laws such that the forensic auditors are integrated into the audit team or committee with this, the auditors will have more tools to effectively carry out fraud control. In addition, forensic auditors should take advantage of modern accounting and auditing software to enhance the efficiency and smooth operation of forensic audits as it will help enhance investigative services.