In qualitative research, analysis is part and parcel
of the on-going, intertwined process that powers data collection Ely, et al,
(1991). Yin (1984) reports that analysis consists of examining, categorizing,
tabulating, or otherwise recombining the evidence, to address the initial
proposition of the study.

Questionnaires and all notes were compiled and
analysed. The analysis has been done through use of tables, graphs and charts.

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FINDINGS

Introduction

This chapter embraces the presentation of research
findings that were obtained through the use of the questionnaires and the
interviews. The ideas of the people interviewed on various issues pertaining to
the impact of forensic accounting on resolving financial and economic crimes in
Cameroon will be emphasised. It is within this chapter that results going to be
described and presented using various methods of data presentation such as
graphs and pie charts. The drive is to provide material basis on the impact of
forensic accounting on resolving financial and economic crimes in Cameroon.

 

4.2
Questionnaire Response Rate

Table
4.1 Questionnaire Response Rate for employees.

Respondents

Distributed

Returned

Response Rate %

Employees

50

35

70

SOURCE:
RAW DATA

From the above table, 50 questionnaires were sent to employees
of various organisations. Of the questionnaires sent, response rate obtained
was 70% of the 50 questionnaires whilst the remaining 30% represents those in
which no response was obtained.

 

Interview
Response Rate

Interviews provided an opportunity for respondents to
give responses without any predetermined boundaries guiding them.

 

Table
4.2 Interview Response Rate for employers

Respondents

Sample

Responded

Response Rate %

Employers

10

7

70

SOURCE:
RAW DATA

The average response rate for the interviews was
generally higher as compared to that of the questionnaires mainly because most
respondents were reluctant to spare time to answer in writing the
questionnaires. Most respondents managed to respond to the questions posed and
thus shown by a response rate of 70%.

Table
4.3 Interview Response Rate for Regulatory Authority

Respondents

Sample

Responded

Response Rate %

Regulatory authority

1

0

0

SOURCE:
RAW DATA

The response rate for the interviews with the
regulatory authority was 0%. This is because there is no regulator that governs
the operations of Forensic Accountants/ Investigators in the industry.

 

 

RESEARCH
FINDINGS

The
Regulating Authority

Traditional Accountants and Auditors are regulated by
the Institute of Chartered Accountants of Cameroon, (ONECCA). The ONECCA  Act does  mentions Forensic Investigators/Accountants
but the Regulator does not have authority over the Forensic Investigation
profession and have not made sure that the practice is in force within the
national territory.

 

Section
A: Questionnaire responded by employees

Question 1 Age groups of
respondents

56% of the respondents are in the 18-30 years
age group while 12% are in the 31-45 years age group. 2% were in the 46-65
years age group. 30% of the respondents failed to respond. This is as shown by
figure 4.1 below:

Figure
4.1 Age groups of respondents

SOURCE: RAW DATA

 

Question 2       Employment
status of respondents

The researcher found out that from the
questionnaire, 58% of the respondents are formally employed. The percentage of
those not formally employed was 12% while those who did not respond constitute
30%.  Figure 4.2 below illustrates the
scenario:

 

Figure
4.2 Employment status of respondents

SOURCE: RAW DATA

 

Question
3      In which industry were the
respondents?

29% of the respondents are in the Fast Moving Goods industries
which comprise the Supermarkets. Those in the Telecommunications industry were
5% and 40% were in the Civil service of the government. 17% of the respondents
were in the mining industry. This is as shown on figure 4.3 below.

 

Figure
4.3: Industry in which respondents are.

SOURCE:
RAW DATA

QUESTION
4   LEVEL OF EDUCATION OF RESPONDENTS

The graph shown in figure 4.4 below indicates that 9%
of the respondents hold certificate level while 34% were educated to Diploma
level. 31% were degree holders and 26% had Master’s degree while no respondent
came from those with Doctorate degrees.

Figure
4.4: Level of education of respondents

 

SOURCE: RAW DATA

Question
5:    Knowledge of the responsibilities of
Forensic Accountants?

 14% of the
respondents understood the role of Forensic Accountants and 11% did not respond
while 54% did not understand their role. The graph below shows the above
information.

 

Figure
4.5      Understanding of the role of
Forensic Accountants

SOURCE:
RAW DATA

 

Question
6      Does your organisation have a
forensic Accounting/Investigation Department?

The pie chart below indicates that 14% of the
respondents understand the role of Forensic Accountants while 86% did not know.

 

 

 

 

Figure
4.6      Existence of Forensic
Accounting/Investigation department in organisation

SOURCE:
RAW DATA

 

Question 7      Effectiveness of Forensic Accounting in
resolving cases of fraud.

 

It
is shown on the figure below that 57% of the respondents agree that Forensic
Accounting is effective in resolving cases of fraud. 23% strongly agree to that
notion while 6% were in disagreement and 14% were not sure on the effectiveness
of Forensic Accounting.

 

 

 

 

 

 

 

Figure 4.7: Effectiveness
of Forensic Accounting in Resolving cases of fraud

SOURCE: RAW DATA

Question 8      Size of the organization

54%
of the respondents mentioned that they worked for an organization that employed
between 1 – 100 employees. 17% were employed in an organization that employed
101 – 200 employees. 3% of the respondents worked for a company that employed
201 – 300 workers while 26% worked for a company that employed above 300
workers.

 

 

Figure 4.8:     Size of organization respondents worked for

No. of employees in
company

SOURCE: RAW DATA

 

Question 9      Measures in place in the company to deal
with fraud cases of fraud.

The
following measures were mentioned by respondents as measures in place to deal
with cases of fraud their various organization:

The Internal Audit department.
Internal security department.
Forensic Services department.
Use of CCTV cameras.
Use of undercover security personnel.
Training on ethical behavior.
Internal control systems such as
segregation of duties.

Section B: Questionnaire
to employers

Question 1      Most prevalent type of fraud in the organization.

Table
below shows the most prevalent type of fraud in the organizations.

Table 4.4:       Most prevalent type of fraud

Type of Fraud

very low extent

Low extent

Moderate extent

High extent

Very high extent

Theft of cash, physical assets or
confidential information

 

 

 

 

yes

Misuse
of accounts

 

 

yes

 

 

Procurement
fraud

 

 

 

 

yes

Payroll
fraud

 

yes

 

 

 

Financial
accounting misstatements

yes

 

 

 

 

Fraudulent
expense claims

 

 

 

yes

 

False
employment credentials

 

yes

 

 

 

Bribery
and corruption

 

 

 

yes

 

SOURCE:
RAW DATA

 

Question 2      Effectiveness of Forensic Accounting in
solving cases of fraud

The
chart below shows that 71% of respondents from employers believe that Forensic
Accounting is effective in solving cases of fraud. 29% do not believe the
effectiveness of Forensic Accounting in solving cases of fraud in organizations.

 

Figure 4.9:     Effectiveness of Forensic Accounting.

SOURCE: RAW DATA

 

Conclusion

This chapter looked at how findings by the
researcher were presented and analyzed in relation to the analysis of the
impact of forensic accounting in solving economic and financial crimes in
Cameroon. The data was mainly presented in form of tables and graphs and was of
importance in analyzing and coming up with the summary, conclusions and
recommendations pertaining to the study in the next chapter

 

 

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