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Impact of Forensic Accounting on Organisation

   

Added on  2023-06-12

11 Pages455 Words333 Views
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Impact Of Forensic
Accounting On
Organisation
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Impact of Forensic Accounting on Organisation_1

Introduction
The forensic accounting is a terminology that deals
with the accounting, investigation, and auditing
skills to examine the financial statement of the
company.
Role of a forensic accountant
Impact of Forensic Accounting
Impact of Forensic Accounting on Organisation_2

Background of the Research
Forensic accounting is a practice that audits the
internal financial statements of a firm to identify
the loopholes and undertake the fruitful steps to
mitigate the issues.
The report acts as the proof for the fraudulent
activities that can be shown to the court or any
legal proceeding.
The retail corporations face such discrepancy in
their financial activities on a regular basis.
Impact of Forensic Accounting on Organisation_3

Problem Statement
Identification of fraudulent activity
Auditing the financial report
Preventing the issues with forensic accounting
practice
Effects on Corporate Governance
Impact of Forensic Accounting on Organisation_4

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