Forensic Accounting Knowledge in Fraud Detection among Commercial Banks in Cameroon

Despite the critical role banks play in the economy, banks have been victims of fraud where banks have lost funds running into billions of francs. Such fraud leads to the loss of colossal sums of money from banks. The general objective of this study was to analyse the influence of forensic accounting knowledge in fraud detection among commercial banks in Cameroon. The specific objectives of the study were to: determine the influence of investigative intuitiveness in fraud detection; analyse the influence of Analytical Proficiency in fraud detection and establish the influence of understanding organization behaviour in fraud detection among commercial banks in Cameroon. The study adopted the Fraud Routine Activity Theory, Fraud Triangle theory and the Rational theory of choice. This study applied a descriptive research design to establish the influence of forensic accounting knowledge in fraud detection. The target population for this study where 222 commercial banks headquarter and branches that are currently. The study applied Convenient sampling technique since its easy and less costly. Structured questionnaires were applied in data collection since the study seeks to solicit for quantitative data. Data was analysed using descriptive statistics. Analysis of data indicated that there exist a positive and significant association between investigative intuitiveness and fraud detection in commercial banks. In addition, the established that there exist a significant and positive relationship between Analytical Proficiency and fraud detection in commercial banks. Again, the existence of a significant and positive relationship between Understanding Organizational behaviour and fraud detection in commercial banks. The study recommends the need for proactive measures that identify red flags, such as analysis of unusual activities and the need for capacity building through regular training and the need for commercial banks should go beyond investigating fraud to include process expedition in terms of Analytical Proficiency and adoption of Good Organization Behavioural mechanisms since this enhances recovery of the lost funds.