An Evaluation of Forensic Accounting Techniques on Public Funds Management in Nigeria

The study assessed the effectiveness of forensic accounting techniques in the management of
public funds in Nigeria. It examined how these techniques contributed to transparency,
accountability, and the prevention of financial mismanagement in the public sector. Using a
mixed-methods approach, the study examined the relationship between forensic accounting
techniques and public funds management. A total of 200 respondents, including accountants,
auditors, and forensic accountants, were selected for the study. Data were collected through
questionnaires and secondary sources, and analyzed using multiple regression analysis. The
study found that forensic data analysis techniques have a positive impact on public funds
management in Nigerian government. Specifically, it revealed that forensic accounting
techniques can help uncover leakages of public funds and prevent fraudulent practices. The
study also highlighted the importance of computerized forensic accounting technologies in
preventing public funds leakages. Based on the findings, the study recommended the
establishment of forensic accounting units across all levels of governance to address public
funds mismanagement in Nigeria. The study contributed to the existing body of knowledge on
forensic accounting and public funds management, and provided practical recommendations
for improving governance in Nigeria.