Affiliation:
1. Punjabi University, Patiala (Punjab) India
2. Multani Mal Modi College, Patiala (Punjab) India
Abstract
Financial irregularities are a big concern on a global scale. It is also a major problem for developing nations like India. With the increase in financial crimes in India, the need for forensic accounting is becoming even more significant. This paper discusses the evolution of forensic accounting, its various techniques to detect financial fraud, and the future prospects of the forensic accountant profession in India. The current study is based on secondary data which is acquired from various research papers, reports, etc. It has been concluded that forensic accounting is a broader word that incorporates skills and competency in all areas of finance, knowledge of numerous fraud cases, awareness of corporate ethics, understanding of market dynamics, and investigative capabilities. With rising levels of corporate fraud and economic irregularities, it is expected that demand for forensic accountants will increase in the near future
Reference19 articles.
1. Apostolou, B., Hassell, J.M., and S.A. Webber (2000): “Forensic Expert Classification of Management Fraud Risk Factors,” Journal of Forensic Accounting, Vol. I, 181-192.
2. Alshurafat, H. (2022). Forensic accounting as a profession in Australia? A sociological perspective. Meditari accountancy research, 30(2), 395-423.
3. Saha, c. A. (2014, September). A multidimensional approach to investigating frauds and scams: a study in the global and Indian context. The management accountant, pp. 29-38.
4. Ozkul, f. U., pamukcu, a., 2012. Fraud detection and forensic accounting. Emerging fraud. Fraud cases from emerging economies, 26, 19–41.
5. Ogunode, o. A., & dada, s. O. (2022). Fraud prevention strategies: an integrative approach on the role of forensic accounting. Archives of business research, 10(7), 34-50.
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献