Written by: Onabokun Ayoola Audu Osuashi Adegbola Adams Igba Ladi Emuhs Fabian FORENSIC AND FORENSIC ACCOUNTING According to Webster’s Dictionary ‘Forensic’ means “belonging to, used in or suitable to courts of judicature or to public discussion and debate.” Forensic accounting provides an accounting analysis that is suitable to the court which will form …
Written by: AJASA FADEKEMI NKIRU EZIKE UCHENNA CHINWUBA ABDULWAKIL MUSTAPHA ALLI AYOKUNNU CHRISTOPHER OBIANIFE What Is Fraud? Sometimes referred to as the fraudulent act, fraud is an act of intentional deception, either by omission or commission that causes its victim to suffer an economic loss and/or the offender to realize a gain. It can simply …
Written by: AJASA FADEKEMI NKIRU EZIKE UCHENNA CHINWUBA ABDULWAKIL MUSTAPHA ALLI AYOKUNNU CHRISTOPHER OBIANIFE Introduction: According to Lee (2000) evidence is anything (tangible objects, documents, and testimony) that relates to the truth or falsity of an assertion made in an investigation or legal proceeding. An audit on the other hand is a systematic independent …
Written by: ELEMIDE AYODEJI OLUWASEUN AYODELE KEHINDE JOHN DEBORH U. OMOAREGBA BASHIRAT AJIBADE BAMIDELE OLUSEGUN THOMAS Introduction: Governments borrow to meet her fiscal and monetary needs, as when estimated revenue falls below or is exceeded by estimated expenditures. Many national governments incur such debt because of an unwillingness to limit spending or increase taxes for …
Written by: OBIANIFE CHRISTOPHER ELEMIDE AYODEJI OLUWASEUN AYODELE KEHINDE JOHN DEBORH U. OMOAREGBA BASHIRAT AJIBADE VERIFICATION “Verification is the proof of accuracy of extension, footings, posting, existence and ownership of assets.” (Arthur Holmes) Verification means proving the correctness.One of the main works of auditor is verification of assets and liabilities.Verification is the act …
Written by: AGBOOLA OLUBUSOLA MR ESEIWI WOROBOSA GIWA AZEEZ ADEMOLA SANNI YUSUF OLATUNJI OGUNDARE AKINTOLA MARIAM IBRAHIM MUSA ABIODUN INTRODUCTION Monetary policy is the art of managing money. Money must be managed because it is very use introduces a potential threat to the stability of the economic system. For the use of money enables …
Written by: ONABOKUN AYOOLA OLUWASEUN AUDU OSUASHI RUKAYAT ADEGBOLA ADAMS OLATUNJI LADI IGBA FABIAN EMUHS Introduction: The need for auditing arose when the management of an enterprise was separated from the ownership. The passing of the companies Act in Britain, introduced by Gladstone in 1844 set the scene. The Act required that registered …
