Forensic Accounting- An Investigative Approach To Accounting

Abstract

With the current economic downturn, we have seen an i11creased demand for forensic accounting services as the public deals with financial collapses, increased white collar crime and growing occurrences of occupational fraud. Forensic accounting is the application of a specialized knowledge and specific skills to stumble upo11 the evidence of economic transactions. The job demands reporting, where the accountability of the fraud is established and the report is considered as evidence in the court of law or in the administrative proceeding. The study covers the meani11g, uses, fraud detection techniques, duties, skill required and approach to work of a forensic accountant.