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Fraud Free Financial Report: A Conceptual Review

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  • A.J. Omoolorun
  • T.O. Abilogun

Abstract

The study reviewed the key factors that enhance the quality of financial reports with emphasizes on Accounting Standards, Corporate Governance, Audit Committee, Whistle blowing, Internal Control, Audit Quality, Efficient Capital Market, Management Performance and Forensic Accounting Education in this order. Empirical evidences from extant literature revealed that these factors have influence on the quality of financial reporting. Hence it is recommended that they should be given careful attention by SEC, corporation players, financial analysts and individual investors in determining the quality of financial reports for viable investment decisions that drive economic growth.

Suggested Citation

  • A.J. Omoolorun & T.O. Abilogun, 2017. "Fraud Free Financial Report: A Conceptual Review," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(4), pages 83-94, October.
    • Handle: RePEc:hur:ijaraf:v:7:y:2017:i:4:p:83-94
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    References listed on IDEAS

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    1. ABILORO, Toba Olakunle ACA & OLORUNFEMI, Oladele Ebenezer, 2021. "Determinants of Fraudulent Financial Reporting in Nigeria: Integrating Fraud Triangle Theory Elements," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(12), pages 288-297, December.

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