UNIPORT JOURNAL OF BUSINESS, ACCOUNTING & FINANCE MANAGEMENT

This study investigated the effect of forensic accounting techniques on Financial Crimes in Nigeria’s Oil and Gas sector. This study adopted a survey research design. The target population for this study was 206 staff of 8 major marketers in oil and gas company in Nigeria. The study collected primary data from the partakers through a structural questionnaire. The Primary data was obtained from the use of structured questionnaires. The population was two hundred and six (206) employees of the Audit and finance/Account department s from the 8 major marketers oil and gas company in Nigeria. The sample size was one hundred and thirty-six (136) respondents using stratified Sample technique with the use of Taro Yamane (1967) Model. Data were obtained through the use of a well-structured questionnaire. Descriptive and inferential (regression) statistics were used for data analysis. The findings revealed that there is a significant effect of forensic accounting techniques on misappropriation of assets in the oil & gas company in Nigeria with the Model fitting information telling how well model fit the data resulting in (P = 0.001) which is below the significant level. The Study concluded that forensic accounting techniques measured by forensic accounting technique knowledge (FATK), forensic accounting analytical technique (FAAT) and Forensic accounting technical knowledge (FATK) are significant factors that affect financial crimes in Nigeria’s oil and gas company in Nigeria should implement the conceptual framework of forensic accounting technique into organization management in order to prevent misappropriation of assets.

This paper draw on literature related to cultural relativism, management accounting, accounting and organizational practices. It synthesizes key concepts and perspectives to form a comprehensive understanding of cultural relativism in management accounting within the business landscape. The diverse cultural tapestry of a country significantly influences individuals' interpretations, judgments, and decision-making processes in the realm of management accounting. Recognizing and incorporating cultural relativism in management accounting practices can lead to enhanced decision-making accuracy, improved stakeholder relationships, adaptation to local business practices, and ultimately contribute to enhanced organizational performance. The practical steps for organizations to implement cultural relativism, including cultural sensitivity training, localization of accounting practices, engagement with local experts, and regular cultural audits.