Forensic accounting on fraud prevention: A review of literatures

Fraud became a global occurrence and a major source of worry. It exists across various nations and impacts most sorts of firms regardless of company magnitude revenue or business. The fundamental goal of this paper is to give a profound overview of fraudulent activities literature with the purpose o...

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Bibliographic Details
Main Authors: Barzinji, Zardasht Abubaker Qader, Yusoff, Wan Sallha, Shukeri, Siti Norwahida, Marniati, Marniati, Rosbi, Mohd Sofian Mohammad, Salleh, Mohd Fairuz Md, Basri, Haslina Hassan, Rosdiana, Eva
Format: Conference Proceeding
Language:English
Subjects:
Accounting
Forensic accounting
Fraud
Fraud prevention
Literature reviews
Online Access:Get full text
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Summary:Fraud became a global occurrence and a major source of worry. It exists across various nations and impacts most sorts of firms regardless of company magnitude revenue or business. The fundamental goal of this paper is to give a profound overview of fraudulent activities literature with the purpose of “why” fraud happens and “how” to resist it. In addition, it includes a complete overview of fraud prevention techniques. From this point, this paper focus on the role of forensic accounting and its influence on the efficient deter against fraud also concentrates on a trouble side which faces forensic accounting. As well, internal control was considered to be the greater side for formulating fraud prevention processes and procedures inside of business enterprise; therefore, any weakness of internal control leads to not control of fraud. As of this point, this review offers proof on fraud prevention, forensic accounting, and the competencies and technique of forensic accounting, and also highlights several grounds for the differing viewpoints on fraud prevention amongst experts and lawmakers. Regarding financial institutions, Researchers explain to the topic about how forensic accounting experts have a positive influence on the organization. In addition, the paper provides a broad field and also a variety of controversial subjects for upcoming forensic accounting literature review. The purpose of this review is to spark discussion and a further paper on the subject matters mentioned. Furthermore, the current paper aims to identify researching gaps in the current literature and investigate time ahead of research areas.
ISSN:0094-243X
1551-7616
DOI:10.1063/5.0148687