An Emperical Investigation of the Relevant Skills of Forensic Accountants: Experience of a Developing Economy

Bhasin, Madan Lal

doi:10.2139/ssrn.2676519

Cited by 25 publications

(50 citation statements)

References 33 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The government recently proposed to give more teeth to the SFIO under the new Companies Bill by providing it statutory recognition and empowering it with more powers. The FCA's being professional members of the CG and Audit Committees, can play a far greater role in coordinating company efforts to achieve a cohesive policy of ethical behavior within an organization (Bhasin, 2013a). By helping companies to detect and prevent fraud, FCAs can create a 'positive' work environment, establish 'effective' lines of communication, and be vigilant as a corporate 'watchdog', the FCAs role can gradually evolve into a key component in the CG system.…”

Section: Conclusion and Recommendationsmentioning

confidence: 99%

Challenge of mitigating bank frauds by judicious mix of technology: Experience of a developing country

Bhasin

2016

Economics, Management and Sustainability

View full text Add to dashboard Cite

E Ec co on no om mi ic cs s, , MMa an na ag ge em me en nt t a an nd d S Su us st ta ai in na ab bi il li it ty y journal home page: http://jems.sciview.net Bhasin, M. (2016 Abstract: Banks are the engines that drive the operations in the financial sector, money markets and growth of an economy. With the rapidly growing banking industry in India, frauds in banks are also increasing fast, and fraudsters have started using innovative methods. A questionnaire-based survey was conducted in 2013-14 among 345 bank employees to know their perception towards bank frauds, degree of their compliance level, and integration of technology to detect, control and prevent frauds. This study provides discussion of the attitudes, strategies, and the technology that bank specialists will need to combat frauds.Banks that can leverage advances in technology and analytics to improve fraud prevention will reduce their fraud losses. In 2015, the RBI introduced new mechanisms for banks to check loan frauds by taking pro-active steps by setting up a Central Fraud Registry, introduced the concept of Red Flagged Account, and Indian investigative agencies will soon start sharing their databases with banks.

show abstract

Section: Conclusion and Recommendationsmentioning

confidence: 99%

Challenge of mitigating bank frauds by judicious mix of technology: Experience of a developing country

Bhasin

2016

Economics, Management and Sustainability

View full text Add to dashboard Cite

show abstract

“…Skalak, Alas and Sellitto (2015) asserted that fraud is a feature of every organized culture in the world. It is difficult to quantify the magnitude of fraud losses since majority of fraud cases go undetected and unreported (Bhasin, 2013). It affects many organisations, regardless of size, location or industry.…”

Section: Review Of Literaturementioning

confidence: 99%

Extent Of Utilization Of Analytical Techniques And Susbsitantive Test By Accounting Staff For Fraud Detection In Large Scale Business Organisations In Delta State

Ezenwafor¹,

Udukeke²

2020

ASSRJ

View full text Add to dashboard Cite

This study on extent of utilization of analytical techniques and substantive test by accounting staff for fraud detection in large scale business organisations in Delta State was necessitated by the growing incidence frauds that are crippling businesses and socio-economic development of the state. Two research questions guided the study and two null hypotheses were tested. Related literature to the study were reviewed. Descriptive survey research design was adopted for the study. The population of the study was 260 accounting staff. A sample size of 160 was drawn for the study using stratified sampling technique. A four-point rating scale questionnaire developed by the researchers containing 23 items in two clusters was used for data collection. Internal consistency method was used to determine the reliability of the questionnaire with Cronbach Alpha and this yielded reliability coefficient values of 0.91 and 0.84 respectively for the sections with an overall reliability of 0.88. Data were analyzed using mean and standard deviation to answer the research questions and determine the homogeneity of the respondents' view while t-test and analysis of variance were used to test the hypotheses at 0.05 level of significance. The results showed that the accounting staff moderately utilized analytical technique for fraud detection but highly utilized substantive test. Furthermore, it was found that types and status of organization in NSE did not significantly influence the respondents' ratings. Based on the findings of the study, it was concluded that the accounting staff are not adequately utilizing techniques that could facilitate fraud detection in large-scale business organisations as required to combact the menance. It was therefore recommended among others, that, management of LSBOs should sponsor their accounting staff on training and that sharesholders should insist that the techniques are adequately utilized by holding the management accountable for future incidence of fraud.

show abstract

“…Habilidades de contabilidade forense estão se tornando cada vez mais invocadas dentro de um sistema de comunicação empresarial que enfatiza sua prestação de contas e responsabilidade das partes interessadas (Bhasin, 2013). Habilidade é a capacidade de execução de alguma atividade, é o modo de empreender uma ação de forma mais rápida, fácil e eficiente.…”

Section: Referencial Teóricounclassified

“…Se dispor a investigar opiniões e/ou fatos que podem sugerir fraude. Davis et al, 2010;Bhasin, 2013; 13 Resolução e negociação de conflitos -capacidade de solucionar controvérsias. Davis et al, 2010. Fonte: elaborada pelos autores.…”

unclassified

Habilidades Relevantes para a Perícia Contábil Criminal: A Percepção dos Peritos e Delegados da Polícia Federal

Filho

Carlos²,

Costa

2017

REPeC

View full text Add to dashboard Cite

An Emperical Investigation of the Relevant Skills of Forensic Accountants: Experience of a Developing Economy

Cited by 25 publications

References 33 publications

Challenge of mitigating bank frauds by judicious mix of technology: Experience of a developing country

Challenge of mitigating bank frauds by judicious mix of technology: Experience of a developing country

Extent Of Utilization Of Analytical Techniques And Susbsitantive Test By Accounting Staff For Fraud Detection In Large Scale Business Organisations In Delta State

Habilidades Relevantes para a Perícia Contábil Criminal: A Percepção dos Peritos e Delegados da Polícia Federal

Contact Info

Product

Resources

About