Tech-Powered Forensic Accounting Education: A New Paradigm

Abstract

The digital age has revolutionized forensic accounting practice, necessitating the integration of advanced technologies into investigations. However, traditional forensic accounting education often lags in these advancements, leaving graduates ill-prepared for the complexities of modern financial crimes. This narrative review explores the evolving landscape of forensic accounting education, focusing on the integration of technology to bridge the gap between academia and industry. The review examines the utilization of data analytics tools (e.g., Excel, Tableau), artificial intelligence, machine learning, and blockchain analysis in forensic accounting instruction. It delves into pedagogical approaches such as virtual simulations and immersive learning experiences that leverage technology to enhance student engagement and practical skills development. The review also identifies key challenges and opportunities presented by emerging technologies. While the rapid evolution of technology and the scarcity of qualified educators pose challenges, blockchain technology offers opportunities for enhanced transparency, data-driven investigations, and collaborative learning. Ethical considerations, including bias mitigation, data privacy, and the role of human judgment, are also emphasized. The findings of this review contribute to the growing body of knowledge on technology integration in forensic accounting education. By highlighting best practices, challenges, and future research directions, this review aims to inform educators, institutions, and policymakers on how to adapt to the changing landscape and equip future forensic accountants with the digital competencies necessary for success in the 21st century.