Browsing by Author "James, R. Adeleye Adefiranye"

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    IMPACT OF ACCRUAL AND REAL EARNINGS QUALITIES OF FINANCIAL REPORTS ON INFORMATION ASYMMETRY OF FIRMS IN NIGERIA
    (Department of Accounting Nasarawa State University Keffi., 2018-06-23) Uwaleke, Uchenna; James, R. Adeleye Adefiranye; Funsho, Adisa Kamaluddeen Ibrahim
    This study investigated the impact of accrual and real earnings qualities of financial reports on information asymmetry of listed firms that are engaged in production of goods in Nigeria over the period of 2007 to 2016. The objective was to use both measures of financial reporting quality to ascertain the quality of these reports with a view to seeing the extent to which information asymmetry and investment decisions are affected. This was necessitated by the low trading in the shares of these firms when compared with that of the banking sector. Secondary data was obtained from the annual reports and accounts of a sample of 31 of these listed companies in Nigerian Stock Exchange. Panel regression method was employed to test its formulated hypotheses. The results from regression results show that accrual-based measure of financial reporting quality before and after IFRS regime had a significant impact on investors ’ information advantages in buying and selling stocks of these firms in Nigeria while real earnings method of measure of financial reporting quality had no significant impact on investors * information advantages or asymmetry. The study recommended that management of firms should ensure that the financial reports are as qualitative as possible so as not to lose investors and investable funds if the users discover any anomaly in these reports.
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    IMPACT OF FORENSIC ACCOUNTING EXPERT CONSULTATION ON EMPLOYEE FRAUD DETECTION IN THE NIGERIAN DEPOSIT MONEY BANKS
    (Department of Accounting Nasarawa State University Keffi., 2018-05-25) Uwaleke, Uchenna; Kamaluddeen, Funsho Adisa Ibrahim; James, R. Adeleye Adefiranye
    Banking industry in Nigeria has been experiencing prevalence of fraud for over a decade which has continued to induce loss of public confidence, pose going concern threat and cause adverse effect on shareholders wealth, requiring improved statutory and regulatory frameworks governing both the industry and the accounting practice. This study examines the relationship between forensic accounting expert consultation and employee fraud detection in the Nigerian DMBs. The research approach to this study is time series non-experimental research design. Data were collected through secondary source which were analyzed using Ordinary Least Square (OLS) regression, to examine the relationship that exists among research variables in addition to the test of hypothesis. Findings from the study revealed that, there is a positive and significant relationship between the forensic expert consultation expenditures and the number of detected fraud cases traceable to bank employees in the Nigeria. Consequently, the study recommends, among other policy options for more training and accreditation of forensic accountants and the need for government to create an enabling environment to accomplish this due to dearth of forensic accounting experts needed to tackle the menace of fraud and corruption in Nigeria.