Bansal, Atul (2017) Financial Investigation and Forensic Accounting to Averting of Corporate Fraud. In: 2nd International Research Conference on Economics Business and Social Sciences, 11-12 July 2017, Park Royal Hotel Penang Malaysia..

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Abstract

Financial investigation and Forensic Accounting have been in focus in recent years mainly due to an excess of frauds that have taken place in the corporate sectors.The value of frauds executed in these sectors has been very large and caused severe financial strain on individuals, corporations and the government.Many of these financial frauds could have been detected earlier and possibly avoided by the use of forensic accounting techniques.The aim of this study is to determine the financial investigation and Forensic Accounting to averting the frauds and misrepresentations in the corporate houses. The study attempts to identify the cause of frauds, the psychology of the typical fraudster, the warning signs of an impending or recurring fraud and measures to detect and prevent frauds.An analysis is made of Forensic Tools that can analyze data and detect unusual events that could act as an indicator of frauds.The study seeks to establish the forensic practices in vogue in the industry and its usage among the various professional categories of accounting professionals.The prospects of the profession, the educational and training requirements are also evaluated. The study also uses a high level forensic tool in a case study into the major Indian Cement companies to detect whether prima facie there has been a likely manipulation of the books of account.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	ISSN-2523-1537 Cover and Layout: Sobia Nasir, Center for Sustainability Research and Consultancy Distributed by: School of Economics, Bahauddin Zakariya University Multan Pakistan (www.bzu.edu.pk) Center for Sustainability Research and Consultancy (www.globalcsrc.org) School of Economics Finance and Banking, Universiti Utara Malaysia (www.sefb.uum.edu.my)
Uncontrolled Keywords:	Forensic accounting, financial frauds, misrepresentation, miscellaneous fraud
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	School of Business Management
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	26 Sep 2018 01:41
Last Modified:	26 Sep 2018 01:41
URI:	https://repo.uum.edu.my/id/eprint/24814

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