THE INFLUENCE OF QUALITY ATTRIBUTES ON FINANCIAL STATEMENT FRAUD IN NIGERIAN QUOTED DEPOSIT MONEY BANKS

Abstract

This article examines the intricate relationship between the quality attributes of financial reporting and the prevalence of financial statement fraud within Nigerian quoted Deposit Money Banks (DMBs). Drawing on existing literature and theoretical frameworks, it posits that robust qualitative characteristics of financial statements exist. The article explores how weaknesses or deliberate manipulation of these attributes can create opportunities for fraud, discusses the implications for stakeholders, and suggests pathways for enhancing financial reporting quality to mitigate fraud risks in Nigeria's banking sector.