FRAUD PENTAGON MODEL AND DISCREATIONARY ACCRUALS IN DEPOSIT MONEY BANKS IN NIGERIA
Keywords:
Deposit Money Banks, Discretionary Accruals, Fraud Pentagon, Pressure, rationalizationAbstract
This study examined the effect of fraud pentagon model and discretionary accruals in deposit money banks in Nigeria. Notably, in spite of banking regulation and examination by Central Bank of Nigeria Deposit Bank insurance Corporation, and the Chartered Institute of Bankers of Nigeria, there is still a growing concern about fraud and other unethical practices in the commercial practices in the commercial banks. Specifically, the study intends to determine the effect of; pressure on discretionary accruals, opportunity on discretionary accruals, rationalization on discretionary accruals , capability on discretionary accruals, arrogance on discretionary accruals all on deposit money banks. Secondary data was used in this study and OLS multiple regression was used to analysed the data with the aid of E- View 10 output statistical software. The study employed an ex post factor research design. The sample comprised thirteen (13) Deposit Money Banks listed in the Nigerian Exchange Group as at 31st December, 2022. Findings, pressure, opportunity, rationalization and capability positively relate to discretionary accruals of deposit money banks; while, arrogance was positive and non-significant., the study therefore recommended that Shareholders and managers should be effective in mitigating pressure, Managers should mitigate opportunity, Managers should constantly look at rationalisation risk, Managers should constantly monitor firms’ accounting systems to mitigate capability and Forensic accountants and anti-graft agencies should look at arrogance potential.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Journal of Global Accounting
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Articles submitted to JOGA should not have been published or are currently under review by another Journal. Kindly see the guide for the preparation of the manuscript for details. Successful submission of articles by author(s) for publication clearly implies that the work is not an infringement of any existing copyright warranty as JOGA reserves the right to be indemnified by the author(s) where any breach of such warranty is proven. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of JOGA once published unless otherwise agreed.
Permission clearance should be obtained by the author(s) where applicable for the use of any content of interest not originally created by them. This must be done before the submission of the article to JOGA. Failure to do so may lead to a lengthy delay in publication, as JOGA is unable to publish any article which has permissions pending. Thus, the rights JOGA requires are:
- Non-exclusive right to reproduce the material in the article or book chapters.
- Print and electronic rights.
- To use the material for the life of the work (for instance, there should be no time restrictions on the re-use of material).
Where tables, figures or excerpts of more than 250 words are reproduced from another source, it is expected that:
- Author(s) should obtain the necessary written permission in advance from any third-party owner of the copyright for the use in print and electronic formats of any of their text, illustrations, graphics, or other material in their manuscript. Permission must also be cleared for any minor adaptations of any work not originally created by the author(s). The author (s) should not assume that any content freely available on the web is free to use.
- Where the author adapts a significant number of any material, the author(s) must inform the copyright holder of the original work.
- Author obtains any proof of consent statements
- The author must acknowledge figure(s) and content adopted or adapted in work utilizing source(s) and further capture them in the list of references.
