FORENSIC ACCOUNTING AND FRAUD DETECTION

Abstract

Abstract- Forensic accounting is a specialized branch of accounting that focuses on investigating financial records to detect and prevent fraud, financial misrepresentation, and white-collar crimes. With the increasing complexity of business operations and digital transactions, fraud detection has become a critical function in corporate governance. This paper explores the concept of forensic accounting, its role in fraud detection, techniques used, challenges faced, and its growing importance in modern financial systems.

Keywords: Forensic Accounting, Fraud Detection, Financial Fraud, Investigative Accounting, Corporate Fraud, Financial Irregularities, Auditing Techniques, Internal Controls, Financial Statement Fraud, Asset Misappropriation, Data Analytics, Legal Evidence, White-Collar Crime, Risk Management, Corporate Governance.