Factors Influencing Utilization Of Forensic Accounting Services In Detection of Fraud(A Case Study Of Commercial Banks In Kenya)
| dc.contributor.advisor | ||
| dc.contributor.author | Gichuki Joseph, Muthee | |
| dc.date.accessioned | 2013-10-01T15:06:58Z | |
| dc.date.available | 2013-10-01T15:06:58Z | |
| dc.date.issued | 2013-10-01 | |
| dc.description | Department of Accounting and Finance, 59p. The HV 8079 .F7G5 2012 | |
| dc.description.abstract | In the backdrop of increasing levels of fraud, the demand for forensic accounting services to be used in detecting fraud has continued to increase all over the world. In Kenya, the utilization of forensic accounting services in detection of fraud is still minimal even with the tremendous increase in fraud cases. This attests to the researcher's interest in studying the factors influencing utilization of forensic accounting services in detection of fraud by licensed commercial banks in Kenya. The study is very important since it will assist the government in understanding the benefits of forensic accounting services and the factors that influence their use in detecting fraud. It will also ensure licensed commercial banks and other financial institutions are aware of the effectiveness of forensic accounting services and factors that influence utilization of the services. The objectives of the study are: to establish how the awareness of forensic accounting services; availability of forensic accounting services; availability of qualified forensic accounting experts; cost of forensic accounting services and benefits of forensic accounting services influence the utilization of forensic accounting services in detecting fraud in licensed commercial banks. The beneficiaries of the study are commercial banks, researchers, academicians, audit firms, companies, Institute of Certified Public Accountants of Kenya (ICP AK), Kenya Accountants and Secretaries National Examinations Board (KASNEB), the government and financial institutions in general. The researcher used the descriptive design in carrying out the research. The target population was all the fourty two licensed commercial banks in Kenya. The researcher collected data from a sample of twenty one licensed commercial banks derived from the target population using the simple random sampling method. The size of the sample was fifty percent of all the licensed commercial banks in Kenya. The researcher used both primary and secondary data types. He used the questionnaire to collect primary data. Descriptive statistics were used in data analysis. The conclusion arrived at was that awareness of forensic accounting services; availability of forensic accounting services; availability of qualified forensic accounting experts; cost of forensic accounting services and the benefits of forensic accounting services all influence the utilization of forensic accounting services in licensed commercial banks in Kenya. It was realized that although the benefits of forensic accounting services are numerous, the commercial banks do not use the services due to low awareness of the services, unavailability of the services, unavailability of qualified forensic accounting experts and the high cost of the services. | |
| dc.description.sponsorship | Kenyatta University | en_US |
| dc.identifier.uri | http://ir-library.ku.ac.ke/handle/123456789/7391 | |
| dc.language.iso | en | en_US |
| dc.subject | Fraud investigation --Kenya | |
| dc.subject | Fraud prevention --Kenya | |
| dc.subject | Forensic accounting --Kenya | |
| dc.title | Factors Influencing Utilization Of Forensic Accounting Services In Detection of Fraud(A Case Study Of Commercial Banks In Kenya) | en_US |
| dc.type | Other | en_US |