ABSTRACT

Abstract

The study examined the nexus between forensic accounting and government revenue in Nigeria with the inclusion of domestic debt factor. The study adopts survey research by employing primary data through structured questionnaire and judgmental sampling technique. The target population was 1,500 experienced professionals in Public finance, forensic accounting and other types of audit and practicing and or working in Lagos State, Nigeria. The sample size was 306, determined with the use of Krejcie and Morgan (1970) formula. Data were analysed through logit regression technique. The findings show a positive significant relationship between forensic accounting techniques proxied by Critical Thinking Skill (CTS); Analytical, Accounting, Finance and Management Skills (AAFMS); Fraud and Corruption Detection and Prevention Skills (FCDPS); Information Technology, Computing, Artificial Intelligence, and Cloud Transactions Skills (ITCAICTS); and Psychology, Interpersonal and Communication Skills (PICS). This is affirmed as calculated, 1.098 is greater than t-tabulated of 0.273 at 5% level of significance. The empirical investigation also shows that the application of Forensic Accounting skills would reduce the incidences of ineffective management of domestic debt. The study recommended among others for a strong policy for the institutionalization of forensic accounting units in the public sector.

Keywords: domestic debt, financial accountability, forensic accounting techniques, government

revenue, service cost