The impact of individual morality and professional ethics on fraud tendency: A cross-sectional survey of professional accounting students in Nigeria.

Abstract

This study examined the effects of individual morality and professional ethics on the fraud tendency of future accountants in Nigeria. The study employed a quantitative approach, a survey method, and a cross-sectional design. Using a questionnaire, the study collected data from one hundred and seventy-six (176) registered students of the Accounting Technicians Scheme West Africa (ATSWA), under the Institute of Chartered Accountants of Nigeria (ICAN). Data were analysed using the Statistical Package for the Social Sciences (SPSS) Version 25. The correlation and regression analyses revealed that future accountants have a fraud tendency; however, their level of individual morality is high, and they value professional ethics. Also, the findings of the study revealed a negative significant relationship between individual morality and fraud tendency, thus supporting the hypothesis of this study. However, contrary to expectation, the relationship between professional ethics and fraud tendency is not significant. The study has both theoretical and practical implications. Practically, organisations should conduct background checks and cybervetting of applicants for accounting positions before employment. The study also contributes to the body of knowledge in accounting and auditing research by providing more insight into fraud tendency, individual morality, and professional ethics in accounting literature.