Forensic Accounting – An Investigative Approach of Accounting

Abstract

Economic crimes have increased dramatically in recent years. This becomes evident in viewing newspaper reports, which on an almost daily basis report of economic crimes committed in communities across the country. Forensic accounting can be defined as the science of gathering and presenting financial information in a form that will be accepted by a court of jurisprudence against perpetrators of economic crimes. This study covers the meaning, importance, and scope of forensic accounting. The demand for and interest in forensic accounting is expected to continue to increase; more universities are planning to provide forensic accounting education. It is widely viewed forensic accounting education as being relevant and beneficial to accounting students, the business community, the accounting profession, and accounting programs.