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Forensic accounting has emerged as a critical field that integrates accounting, auditing, and investigative skills to uncover financial discrepancies, fraud, and irregularities. This conceptual research paper explores the conceptual understanding, methodologies, and applications of forensic accounting in addressing financial misconduct in both corporate and public sectors. The study emphasizes the role of forensic accountants in fraud detection, litigation support, and risk management, while highlighting the ethical responsibilities they uphold. It examines the evolving challenges posed by digital fraud, cybercrime, and complex financial schemes, and discusses the importance of adopting advanced technologies and data analytics to enhance investigative accuracy. Additionally, the paper puts emphasis on the growing demand for forensic accounting education and training to equip professionals with the expertise required in this dynamic and high-stakes discipline. Through this conceptual analysis, the research aims to contribute to the understanding of forensic accounting's pivotal role in ensuring financial transparency, accountability, and integrity in a globalized economy. The findings of the study reveal that Forensic accounting serves the detailed investigation of the financial irregularities.
"RELEVANCE OF FORENSIC ACCOUNTING: A DESCRIPTIVE STUDY", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.9, Issue 2, page no.377-381, February-2024, Available :http://www.ijrti.org/papers/IJRTI2402057.pdf
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator