Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/335817 
Year of Publication: 
2023
Citation: 
[Journal:] Economic Themes [ISSN:] 2217-3668 [Volume:] 61 [Issue:] 3 [Year:] 2023 [Pages:] 407-418
Publisher: 
Paradigm Publishing Services, Warsaw
Abstract: 
This article explores the critical roles of forensic accounting and auditing in modern business, focusing on uncovering financial irregularities and promoting transparency. Through a meticulous literature review and analysis, the study emphasizes the significance of these practices. The purpose is to underscore their importance, methodologies, and implications. Methodologically, the article employs a comprehensive literature review and meticulous analysis of real-world applications. It investigates cases of corporate fraud, financial statement analysis, and dispute resolution. Ethical and legal considerations are highlighted, emphasizing the adherence to professional codes and standards. The study reveals that forensic practices are pivotal in detecting financial misconduct, upholding financial transparency, and ensuring accountability. Technological advances, such as data analytics and AI, enhance efficiency and accuracy. The research establishes the need for continuous development and professional education to tackle the evolving financial challenges. In summary, this article highlights the central roles of forensic accounting and auditing in modern business, their methodologies, and ethical considerations. The study underscores their importance in detecting financial fraud, promoting transparency, and fostering trust.
Subjects: 
Forensic accounting
auditing
financial fraud
transparency
corporate governance
ethical considerations
technology integration
legal compliance
financial investigations
data analytics
JEL: 
M42
K42
G34
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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