"The Past, Present, and Future of Forensic Accounting" by Smith, G findings and recommendations from this study will serve as a guide in carrying out other research studies in forensic accounting and fraud detection in organizations. now become pertinent that forensic accounting be introduced and practices since the external auditors do not or may not have the required training to be able to tackle modern frauds like white collar crimes such as security fraud, embezzlement, bankruptcies, contract disputes and possibly criminal financial transaction; including money laundering by organized criminals, also is the ability of the forensic accountant to provide litigation support and investigative accounting. once fraud is perceived or detected, a professional set of people-the forensic accountants are called upon to help detect the fraud and furnish management with substantial evidence to be presented in the court of law, when prosecuting the suspects involved in the fraud. forensic or investigative accounting is that branch of accounting that deals with recovering proceeds of fraud, money laundering and other related corrupt practices that may occur in an organization. examine if there is significance difference between forensic accountants and external auditors.. webinger received a wasmer research grant in 2010 to develop a research proposal using forensic techniques to examine general motors cash flows after the us treasury loan in 2009. objective of the study is to find out the following:To examine the role of forensic accountant in an organization.
Forensic accounting as a tool for fraud detection and prevention the first form of forensic accounting can be traced to an 1817 court decision.) is an associate professor of accounting at the citadel in charleston, s. article was published in behavioral research in accounting in spring 2014. study will aid in laying a solid framework for the design and implementation of forensic accounting practices in nigeria. strict ethical conducts must be applied by an auditor in-order to carry out forensic accounting successfully. forensic accounting is quite new in nigeria as companies have realized that the service of a forensic accountant is needed as fraud cases have substantially increased in number. the term ‘forensic accounting’ is not new in nigeria as auditors, police and intelligence units apply it every day in the discharge of their duties.