The rise in corporate crime and presence of fraudulent activities has led to the collapse of highly reputable MFIs in Cameroon. It is in this light that this current study was aimed at assessing the influence of forensic accounting on the performance of MFIs in Mezam. Two specific research questions and hypothesis were formulated to guide the study. The population of the study was made up of 490 employees of MFIs from which a sample of 220 employees was drawn using Loren’s formula and questionnaires administered. The questionnaires were analyzed using SPSS version 23 and SMART PLS package programs. The Specifically the findings show that a unit increase in the construct forensic audit results to 0.307 units increase in the overall performance of the MFI while a unit increase in the construct forensic litigation results to 0.121 units increase in the performance construct. Also, a unit increase in forensic audit will results to 0.469 units increase in forensic litigations. To conclude from the t-statistics the results revealed that both forensic audit and forensic litigation positively affect performance of MFIs but the effect of forensic litigation was positive and insignificant. At the end it was recommended that MFIs should employ the services forensic accountant on their activities, also they should adopt code of conduct governing the practice of forensic accounting. Last but not the least stake holders, authorities or government should impose the use forensic accounting and auditing in every organisation and other agencies to deter corruption in all sectors of the economy.
| Published in | Journal of Finance and Accounting (Volume 13, Issue 3) |
| DOI | 10.11648/j.jfa.20251303.12 |
| Page(s) | 95-108 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2025. Published by Science Publishing Group |
Forensic Accounting, Forensic Audit, Forensic Litigation, Performance and Microfinance Institutions
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APA Style
Ngum, N. D. (2025). An Assessment of the Influence of Forensic Accounting on the Performance of Microfinance Institutions in Mezam. Journal of Finance and Accounting, 13(3), 95-108. https://doi.org/10.11648/j.jfa.20251303.12
ACS Style
Ngum, N. D. An Assessment of the Influence of Forensic Accounting on the Performance of Microfinance Institutions in Mezam. J. Finance Account. 2025, 13(3), 95-108. doi: 10.11648/j.jfa.20251303.12
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Download@article{10.11648/j.jfa.20251303.12,
author = {Ngong Derick Ngum},
title = {An Assessment of the Influence of Forensic Accounting on the Performance of Microfinance Institutions in Mezam
},
journal = {Journal of Finance and Accounting},
volume = {13},
number = {3},
pages = {95-108},
doi = {10.11648/j.jfa.20251303.12},
url = {https://doi.org/10.11648/j.jfa.20251303.12},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20251303.12},
abstract = {The rise in corporate crime and presence of fraudulent activities has led to the collapse of highly reputable MFIs in Cameroon. It is in this light that this current study was aimed at assessing the influence of forensic accounting on the performance of MFIs in Mezam. Two specific research questions and hypothesis were formulated to guide the study. The population of the study was made up of 490 employees of MFIs from which a sample of 220 employees was drawn using Loren’s formula and questionnaires administered. The questionnaires were analyzed using SPSS version 23 and SMART PLS package programs. The Specifically the findings show that a unit increase in the construct forensic audit results to 0.307 units increase in the overall performance of the MFI while a unit increase in the construct forensic litigation results to 0.121 units increase in the performance construct. Also, a unit increase in forensic audit will results to 0.469 units increase in forensic litigations. To conclude from the t-statistics the results revealed that both forensic audit and forensic litigation positively affect performance of MFIs but the effect of forensic litigation was positive and insignificant. At the end it was recommended that MFIs should employ the services forensic accountant on their activities, also they should adopt code of conduct governing the practice of forensic accounting. Last but not the least stake holders, authorities or government should impose the use forensic accounting and auditing in every organisation and other agencies to deter corruption in all sectors of the economy.
},
year = {2025}
}
TY - JOUR T1 - An Assessment of the Influence of Forensic Accounting on the Performance of Microfinance Institutions in Mezam AU - Ngong Derick Ngum Y1 - 2025/06/11 PY - 2025 N1 - https://doi.org/10.11648/j.jfa.20251303.12 DO - 10.11648/j.jfa.20251303.12 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 95 EP - 108 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20251303.12 AB - The rise in corporate crime and presence of fraudulent activities has led to the collapse of highly reputable MFIs in Cameroon. It is in this light that this current study was aimed at assessing the influence of forensic accounting on the performance of MFIs in Mezam. Two specific research questions and hypothesis were formulated to guide the study. The population of the study was made up of 490 employees of MFIs from which a sample of 220 employees was drawn using Loren’s formula and questionnaires administered. The questionnaires were analyzed using SPSS version 23 and SMART PLS package programs. The Specifically the findings show that a unit increase in the construct forensic audit results to 0.307 units increase in the overall performance of the MFI while a unit increase in the construct forensic litigation results to 0.121 units increase in the performance construct. Also, a unit increase in forensic audit will results to 0.469 units increase in forensic litigations. To conclude from the t-statistics the results revealed that both forensic audit and forensic litigation positively affect performance of MFIs but the effect of forensic litigation was positive and insignificant. At the end it was recommended that MFIs should employ the services forensic accountant on their activities, also they should adopt code of conduct governing the practice of forensic accounting. Last but not the least stake holders, authorities or government should impose the use forensic accounting and auditing in every organisation and other agencies to deter corruption in all sectors of the economy. VL - 13 IS - 3 ER -
Department of Banking and Finance, Faculty of Economics and Management Sciences, The University of Bamenda, Bamenda, Cameroon
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