Role of Forensic Accounting in Enhancing the Accuracy of Procurement Records in Zimbabwe’s Public Procurement System

Onesmo Guti and Ophias Kurauone

Journal of Accounting and Finance in Emerging Economies, 2025, vol. 11, issue 3, 323-332

Abstract: Purpose: This article examined the role of forensic accounting in improving the accuracy of procurement records in Zimbabwe’s public procurement system.Design/Methodology/Approach: The study was grounded upon the Institutional Theory. The quantitative methodology was used. It also made use of the descriptive-correlational design. Census sampling of 112 respondents from ministries, parastatals, and local authorities was conducted. Data was gathered through structured Likert-scale questionnaires. The findings were analysed using descriptive statistics, regression, and ANOVA tests.Findings: Forensic accounting had a significant positive influence on the accuracy of procurement records Regression coefficients revealed that each unit increase in the implementation of forensic accounting practices raised procurement record accuracy by 0.505 units.Implications/Originality/Value: The study concluded that forensic accounting tools remarkably strengthen procurement record reliability. Examples of these were investigative auditing, fraud detection, and compliance monitoring. It was noted that institutionalising these practices within Zimbabwe’s public procurement system would enhance accountability, mitigate fraud risks, and promote good governance. The research adds to limited Sub-Saharan African literature on forensic accounting. It also provides practical insights for policymakers, regulators, and auditors.

Keywords: Institutional Theory; Accountability &Transparency; Public Procurement; Procurement Records; Forensic Accounting (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:src:jafeec:v:11:y:2025:i:3:p:323-332

DOI: 10.26710/jafee.v11i3.3443

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