Fraud detection-oriented operators in a data warehouse based on forensic accounting techniques

Abstract

The fields of finance and accounting are especially susceptible to fraud. For this reason, special techniques have been developed for prevention or detection in these fields. For instance, in the field of finance, there are proposals focused on historical data analysis and statistical distribution, credit card transaction analysis and financial statements. 1 2 3 One of them is an integrated language model. 4 The fields of finance and accounting are especially susceptible to fraud. For this reason, special techniques have been developed for prevention or detection. Francisco Javier Moreno Arboleda, Jaime Alberto Guzman-Luna and Ingrid-Durley Torres present several fraud detection techniques, focusing on the fields of finance and forensic accounting. Based on these techniques, they define specialised operators focusing on fraud detection in a data warehouse. While the techniques are able to flag potential frauds, there is some way to go to being able to positively identify them, and the authors suggest future work in this area.

Comprehensive Model of Bankruptcy and Forensic Accounting

“…(Sadaf et al, 2018). Forensic accounting focuses on the prevention and determination of accounting fraud (Arboleda et al, 2018). In addition to using traditional methods such as recalculation, sampling, confirmation, and analytical procedures, forensic accounting also uses sophisticated statistical techniques and criminal investigation techniques (Özcan, 2019).…”

The Role of Forensic Accounting in Fraud Prevention efforts in Indonesia

“…In this context, the notion of forensic accounting has been discussed first, followed by the development of the forensic accounting profession. Integrating auditing and investigative techniques into the field of accounting has given rise to a skill known as "forensic accounting," which focuses on preventing and determining accounting fraud (Arboleda et al, 2018).…”

Competencia de los auditores externos en Colombia y situaciones que permiten la detección del fraude

“…La detección del fraude también se ha visto apoyada por la contabilidad forense que integra técnicas de contabilidad, auditoría e investigación (Arboleda et al, 2018) y que permiten la recolección de evidencia sobre posibles transacciones fraudulentas, comunicación de hallazgos, arbitramientos y acompañamiento en procesos legales y criminales como testigos expertos (Bhasin, 2007). No obstante, el fraude también es un importante foco en la auditoría externa al estar contemplado en las Normas Internacionales de Auditoría y Aseguramiento (NIA) como un riesgo significativo (Barral et al, s.f).…”