FORENSIC ACCOUNTING: A WAY TO FIGHT, DETER AND DETECT FRAUD

Authors

  • Dr Esha Jain The NorthCap University, Gurugram, Haryana, India
  • Jonika Lamba The NorthCap University, Gurugram, Haryana, India

DOI:

https://doi.org/10.51611/iars.irj.v10i1.2020.106

Keywords:

Accounting, Accounts Audits, Accounting Foresic, Accounts Crime

Abstract

Forensic Accounting is one of the emerging fields for accountancy professionals. Forensic Accounting is the function of bookkeeping, auditing and analytical expertise to combat the financial and white-collar crimes. The scope of forensic accounting has expanded due to cases of corporate scams and financial frauds. Forensic Accounting is the dynamic and strategic tool which helps in combating the corruption, financial crimes and frauds through the application of forensic auditing techniques. There is a huge demand for forensic auditors in the field of insurance, banks, police armed forces and government departments. This paper shows the application of information technology and cyber forensics to curb the malfunctioning done by corporate. In this paper role of the forensic auditor has been explained and the various techniques employed by forensic auditors have also been discussed. The latest cases in the field of forensic accounting have also been included in this paper. Forensic auditors can help the economy to grow and protect the interest of various stakeholders.

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References

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Published

2020-02-08

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Section

Peer Reviewed Research Manuscript

How to Cite

“FORENSIC ACCOUNTING: A WAY TO FIGHT, DETER AND DETECT FRAUD” (2020) IARS’ International Research Journal, 10(1). doi:10.51611/iars.irj.v10i1.2020.106.

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