EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA

Dr. Onah Vitalis Chukwuma; Dr. Evelyn Bassey Ewah; Dr. John Odo; Agbo Christopher Chika; Agu Justina Chika

EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA

July 2022

Vol-8, Issue-4

Paper ID: 17716

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Finance

Keywords

Forensic analysis forensic audit forensic litigation tax fraud

Abstract

The primary objective of this study is: to evaluate the effect of forensic analysis on the level of tax fraud prevention of oil companies in Nigeria. In doing this, the study focused on oil companies that are listed in the NSE as the year ended 2021. This study purposively selected ten (10) oil companies operational in Nigeria for a period of ten years, that is, 2012-2021. A multi-regression analysis of panel data was used as the analysis tool which reveals that forensic audit and litigation has no significant effect on tax frauds prevention in oil companies in Nigeria. However, the study clearly concludes that forensic analysis can positively influence tax fraud prevention eventhough it is not significant at this point in time. Based on this therefore this study recommends that they should be a better regulatory oversight by the government relevant agencies in order to ensure continued safeguard of government’ interest.

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Author Information

#	Name	Institute / Affiliation
1	Dr. Onah Vitalis Chukwuma	Department of Forensic Accounting and Audit, Charisma university British west Indies. Turks and Caicos Islands
2	Dr. Evelyn Bassey Ewah	Department of Accounting, /Finance, Godfrey Okoye University, Enugu state, Nig.
3	Dr. John Odo	Department of Accounting, /Finance, Godfrey Okoye University, Enugu state, Nig.
4	Agbo Christopher Chika	PhD Student, Department of Management, Faculty of Business Administration, University of Nigeria, Nsukka
5	Agu Justina Chika	Business Administration and Mgt School, School of Business Studies, Institute of Management and Technology, Enugu State

How to Cite

Use the following formats to cite this article in your research.

APA Style

Chukwuma, Dr. Onah Vitalis, Ewah, Dr. Evelyn Bassey, Odo, Dr. John, Chika, Agbo Christopher, & Chika, Agu Justina (2022). EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA. International Journal of Advance Research and Innovative Ideas In Education, 8(4), 619-627.

MLA Style

Chukwuma, Dr. Onah Vitalis, et al. "EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA." International Journal of Advance Research and Innovative Ideas In Education, vol. 8, no. 4, 2022, pp. 619-627.

IEEE Style

Dr. Onah Vitalis Chukwuma, Dr. Evelyn Bassey Ewah, Dr. John Odo, Agbo Christopher Chika, and Agu Justina Chika, "EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA," International Journal of Advance Research and Innovative Ideas In Education, vol. 8, no. 4, pp. 619-627, 2022.

Vancouver Style

Chukwuma Dr. Onah Vitalis, Ewah Dr. Evelyn Bassey, Odo Dr. John, Chika Agbo Christopher, Chika Agu Justina. EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA. International Journal of Advance Research and Innovative Ideas In Education. 2022;8(4):619-627.

Harvard Style

Chukwuma, Dr. Onah Vitalis, Ewah, Dr. Evelyn Bassey, Odo, Dr. John, Chika, Agbo Christopher, & Chika, Agu Justina (2022) 'EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA', International Journal of Advance Research and Innovative Ideas In Education, 8(4), pp. 619-627.

Chicago Style

Chukwuma, Dr. Onah Vitalis, et al. "EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA." International Journal of Advance Research and Innovative Ideas In Education 8, no. 4 (2022): 619-627.

Turabian Style

Chukwuma, Dr. Onah Vitalis, et al. "EFFECT OF FORENSIC ANALYSIS ON TAX FRAUDS ON OIL COMPANIES IN NIGERIA." International Journal of Advance Research and Innovative Ideas In Education 8, no. 4 (2022): 619-627.