Disclosure of Fraud Through Forensic Accounting,  Audit Investigation and Auditor Professionalism

Rifani, Riza Amalia; Hasan, Harris

doi:10.57178/jer.v5i2.364

Cited by 3 publications

(2 citation statements)

References 2 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Other studies have demonstrated that forensic accounting services aid in detecting financial fraud. For example, Abdulrahman et al (2020), Rifani andHasan (2022), andJarallah andAl-Sayed (2022) found that forensic accounting helps identify fraud indicators during financial statement audits and enhances understanding of financial and accounting issues. Al Enazi et al (2022) investigated the effectiveness of forensic accounting techniques in detecting financial fraud and the level of forensic accounting practice in the Kingdom of Saudi Arabia.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Forensic Accounting Techniques in Detecting Financial Fraud "Survey Study of The Opinions of Certified Accountants in Syria"

Hashem,

Ali,

Haider

2024

SBEXC

View full text Add to dashboard Cite

The purpose of this study was to investigate the impact of forensic accounting techniques used by certified accountants in detecting financial fraud in the companies they audit. The data was collected from primary sources based on a questionnaire distributed to (120) certified accountants who are practicing the profession for the year 2023 and are allowed to audit financial companies in Syria. The results showed a statistically significant impact of the forensic accounting techniques (financial ratio analysis - trend analysis - data mining - critical point audit - relative size theory) used by the certified accountant in detecting financial fraud in Syria. The ability of forensic accounting techniques reached 18.5% in detecting financial fraud according to the opinions of certified accountants in Syria. It also showed a positive and statistically significant effect of the forensic accounting techniques used by the certified accountant in detecting financial fraud in Syria after controlling years of experience. The percentage of explained variance increased from (18.5%) to (25.3%).

show abstract

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Forensic Accounting Techniques in Detecting Financial Fraud "Survey Study of The Opinions of Certified Accountants in Syria"

Hashem,

Ali,

Haider

2024

SBEXC

View full text Add to dashboard Cite

show abstract

“…Accountants who are characterized by a high level of motivation show a higher work and life satisfaction. A high level of motivation is therefore in itself valuable for accountants and a decrease in motivation might affect them negatively (Rifani and Hasan 2022). According to Dunham (1984), motivated employees are happy, committed, and are continually looking for ways to improve their performance, on the other hand, demotivated employees often have low productivity and high turnover rates.…”

Section: Motivationmentioning

confidence: 99%

The Impact of Professionalism Theory Constructs on the Applicability of Forensic Accounting Services: Evidence from Jordan

Almashaqbeh,

Alshurafat,

Al Amosh

2023

IJFS

View full text Add to dashboard Cite

This study aims to provide an understanding of the impact of professionalism theory constructs on the applicability of forensic accounting services, as well as reviewing the obstacles to implementing the profession of forensic accounting through a literature review. The accounting side of the study explores the profession of forensic accounting and the sociological side of the study will focus on professionalism theory, more specifically Pavalko’s 1988 model. A quantitative method was used in this study; 154 questionnaires from Certified Public Accountants (CPAs) were validated and used in the data analysis. Data analysis was conducted using SmartPLS, which was used for testing the study’s hypotheses. The results demonstrated that the professionalism theory constructs have a significant impact on the applicability of forensic accounting services. There was an indication that six out of eight constructs had a positive impact, which are, code of ethics, commitment, intellectual technique, motivation, training, and relevance to social values, leaving only autonomy and sense of community with no impact shown. This study recommends that forensic accountants and practitioners contribute to developing the profession of forensic accounting and to provide services with high quality. The study’s significant constructs can inform the development of training programs for aspiring forensic accountants in Jordan, emphasizing ethics, commitment, technical expertise, motivation, training, and social values. These findings may also apply to other countries.

show abstract

The double-edged sword of forensic accounting services: litigation risks in Jordan’s industrial sector

Al-Hazaima,

Arabiat,

Maayah

2023

JFRA

View full text Add to dashboard Cite

Purpose This study aims to examine the association between forensic accounting services (FAS) and the risk of litigation within the context of industrial firms that are publicly traded on the Amman Stock Exchange by using the resource-based theory. Design/methodology/approach This study uses a data set consisting of 250 firm-year observations from 2017 to 2021, obtained from the annual reports of 50 selected firms. Logistic regression techniques are used to examine the specifics of the investigated relationship. Findings The findings strongly suggest that companies that use FAS are more likely to face increased litigation risks. This observation suggests that these firms are subject to a more thorough level of evaluation or scrutiny, which inherently increases their vulnerability to potential risks. The study incorporated several control variables such as firm age, size, profitability and working capital. However, it is noteworthy that the connection between FAS and litigation risk emerged as particularly prominent. Research limitations/implications Findings highlight the need for practitioners to tread cautiously with FAS. Although they provide in-depth evaluations, they can also unveil vulnerabilities, leading to increased legal action. Companies should balance the depth of FAS scrutiny against potential legal repercussions, ensuring they harness its benefits without inadvertently raising legal risks. Originality/value While most studies have emphasized the impact of forensic accounting on fraud, this paper covers a gap in the literature regarding the impact of FAS on litigation risks. The paper also facilitates the understanding of the correlation between firm characteristics and the likelihood of litigation.

show abstract

Disclosure of Fraud Through Forensic Accounting, Audit Investigation and Auditor Professionalism

Cited by 3 publications

References 2 publications

The Impact of Forensic Accounting Techniques in Detecting Financial Fraud "Survey Study of The Opinions of Certified Accountants in Syria"

The Impact of Forensic Accounting Techniques in Detecting Financial Fraud "Survey Study of The Opinions of Certified Accountants in Syria"

The Impact of Professionalism Theory Constructs on the Applicability of Forensic Accounting Services: Evidence from Jordan

The double-edged sword of forensic accounting services: litigation risks in Jordan’s industrial sector

Contact Info

Product

Resources

About