Lifestyle Audits for the Prevention and Detection of Fraud in the Bayelsa State Public Service, Nigeria.

Authors: Dr. Ineye ODOEMENAM & Ayogoi Simon AYOGOI Ph.D

Affiliation: Niger Delta University Wilberforce Island, Bayelsa State

Corresponding Author: [email protected]

November 27, 2025

SIAR-Global Journal of Economics, Finance & Accounting

DOI: 10.5281/zenodo.17753790

Lifestyle Audits for the Prevention and Detection of Fraud in the Bayelsa State Public Service, Nigeria.
Review Article Management

Abstract

The study aims to investigate lifestyle audit on prevention and detection of fraud in Bayelsa State public service in Nigeria. This empirical study focused on expenditure pattern and ownership structure, income and revenue pattern and bank and financial record as dimensions of lifestyle audit on fraud detection. The methods used include: the net worth analysis method, the surveillance approach and Administration of lifestyle. The study concluded that expenditure pattern and ownership structure, income and revenue pattern and bank and financial record empirical evidence suggests that lifestyle audits can be a powerful tool for preventing and detecting fraud in Bayelsa State, Nigeria’s public sector. By scrutinizing the standard of living of public officials in relation to their legitimate income, lifestyle audits can reveal discrepancies that may indicate fraudulent activities. For Nigeria's public sector to be more resilient to fraud, the link between ownership structure and habits of spending is essential. Unusual increases in spending often indicate the diversion of cash, and an opaque ownership structure such as the employment of shell companies, nominee directors, or intricate contractual arrangements provides an ideal environment for theft.

Keywords

Detection, Fraud, Lifestyle, Ownership Structure

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How to Cite

Dr. Ineye ODOEMENAM & Ayogoi Simon AYOGOI Ph.D (2025). Lifestyle Audits for the Prevention and Detection of Fraud in the Bayelsa State Public Service, Nigeria.. SIAR-Global Journal of Economics, Finance & Accounting, Vol. 1, No. 1. DOI: 10.5281/zenodo.17753790

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Article Information

  • Type: Review Article
  • Journal: SIAR-Global Journal of Economics, Finance & Accounting
  • Subject Area: Management
  • Published: November 27, 2025
  • Volume: 1
  • Issue: 1
  • Word Count: Not specified
  • DOI: 10.5281/zenodo.17753790
  • Processing Fee: $50.00 USD

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