The Impact of Forensic Accounting in Fraud Management within Public Sector: Ghana

Abstract

This manuscript investigates the application of forensic accounting in fraud management within Ghana's public sector, employing a mixed-methods approach that includes qualitative interviews and quantitative surveys. The study engaged 25 key stakeholders such as forensic accountants, auditors, and financial managers to explore their perceptions of forensic accounting's effectiveness, challenges to its implementation, and the necessity for interdepartmental collaboration. Findings indicate a strong recognition of the importance of forensic accounting in promoting transparency and accountability; however, challenges such as insufficient training and bureaucratic inertia hinder effective practices. Quantitative analyses reveal significant correlations between awareness, perceptions of effectiveness, and the challenges faced, suggesting that increasing training and awareness can mitigate obstacles. The research concludes with recommendations for enhancing forensic accounting practices, emphasizing the need for improved training, streamlined processes, and greater collaboration among public sector entities to foster a culture of integrity and effectively combat fraud in public financial management.

Keywords: Ghana, fraud, accounting, forensic, public sector, GDP, management, perception, awareness

DOI: 10.7176/EJBM/17-7-07

Publication date:August 31^st 2025