<abstract xmlns="http://www.w3.org/1999/xhtml">

The primary purpose of this work is to provide an overview and comparative analysis of various Information System Audit Quality measures, as well as to test the validity of the chosen measurement scale empirically. In this regard, a thorough literature study was undertaken, followed by primary empirical research, and the reliability and validity of the measurement scale were tested. Based on the identified papers, a questionnaire was created and evaluated by a panel of experts. Following that, data was collected from respondents who were either managers inside the organizational unit responsible for information technology or those designated as adequate by the heads of IT departments.
</abstract>

University of Sarajevo - School of Economics and Business

Identification of Information System Audit Quality Factors

<abstract xmlns="http://www.w3.org/1999/xhtml">

Fraud has existed throughout history. Yet, it is estimated that today's occurrence has a huge impact on global revenues, highlighting the importance of fraud examination and forensic accounting. Although the roles of the two disciplines appear to be similar (e.g. litigation support), they differ significantly in their objectives, with the goal of fraud auditing being to determine whether fraud has occurred and, if so, who is responsible. Forensic accounting has the additional objective of assessing the financial consequences and determining whether the allegations have a factual basis by analyzing the financial evidence.
</abstract>

Forensic Accounting vs Fraud examination: Roles, Importance and Differences

<abstract xmlns="http://www.w3.org/1999/xhtml">

Forensic accounting as a profession plays a major role in preventing and detecting frauds and almost in all areas of business there is a need for the services of forensic accountants. In modern conditions, when the whole world is struggling with the COVID-19 pandemic and the consequences it brings, an increase in the number of frauds is expected, which will result in an increase of demand for specially trained experts in the area of fraud prevention and detection. In this context, this paper emphasizes the role of forensic accountant in the fight against fraud and presents the occupational standard and qualification standard developed for this profession in the Republic of Croatia. The occupational standard identifies key jobs within the profession as well as the competences that a person needs to possess to successfully perform jobs within the profession.
</abstract>

Forensic accounting: state and development perspectives in the Republic of Croatia

<abstract xmlns="http://www.w3.org/1999/xhtml">

Large corporate scandals in the US and Europe, from the early 21st century, such as Enron, Parmalat, WorldCom and many others, have seriously shaken public confidence in the auditors’ work. Consequently, many countries have recognized the need for introduce the forensic accounting as a more advanced and reliable form of protection against manipulative financial reporting by companies, and have completed the accounting profession with the forensic accountant title, as an active fighter against various types of frauds in companies.
</abstract>

Forensic Review of Financial Statements of Legal Entity Tuš-Trade

<abstract xmlns="http://www.w3.org/1999/xhtml">

The aim of this paper is to shed light on the two most common examples of financial fraud, which occur in most businesses in Bosnia and Herzegovina. The causes and consequences of the mentioned financial frauds will be analyzed, as well as the reasons why they were not procedurally discovered in time. The first example is related to the inflow of money from abroad, which creates doubts about merits, while the second example is related to the presentation of operating losses and reduced tax liabilities of related legal entities. Each of the examples will be analyzed in detail in terms of the causes of financial fraud, the manner of their implementation, the relevant accounting records, and finally the manner of their detection.
</abstract>

The most common examples of financial fraud in Bosnia and Herzegovina: A practical insight

AHEAD OF PRINT

Volume 3 (2023): Issue 2 (December 2023)

Volume 3 (2023): Issue 1 (June 2023)

Volume 2 (2022): Issue 2 (December 2022)

Volume 2 (2022): Issue 1 (June 2022)

Volume 1 (2021): Issue 2 (December 2021)

Volume 1 (2021): Issue 1 (June 2021)

Journal of Forensic Accounting Profession

 The Journal of Forensic Accounting Profession (JFAP) publishes creative and innovative studies employing research methodologies that logically and clearly identify, describe and illuminate important academic forensic accounting issues; tests and improves forensic accounting research skills, tools, and techniques; stimulates discussion and experimentation in instructional means, methods, and materials in the field of forensic accounting and research in general; exchanges ideas and findings about developments related to the instruction, learning, and curricular issues of forensic accounting and fraud education.  We would like to welcome you and your colleagues to submit original scientific and professional papers in the field of forensic accounting, including financial investigations, forensic audits, financial expertise, and other forensic accounting services. Additionally, papers of a multidisciplinary approach in the fields of economics, law, criminology, sociology, and psychology that ultimately contribute to the fight against fraud in societies are welcome for publication.  All submissions must be original and unpublished. Submissions must be written in English.　  Coverage  The Journal of the Forensic Accounting Profession covers the following topics (but is not limited to):    Behaviour and judgment in forensic accounting  Business valuation  Computer forensic analysis  Consumer frauds  Corruption  Cross-cultural issues in fraud  Data analytics  Expert witness activities  Ethics  Fraudulent financial reporting  Fraudulent accounting research  Governance and fraud  Insurance recovery  Internal controls  Investment scams  Litigation support/services  Pattern recognition and anomaly detection  Professional regulation and policy issues  Psychology and social psychology of fraud  Tax fraud  Technology for detecting, investigating and/or committing fraud  Theft of corporate assets　   Archiving  Sciendo archives the contents of this journal in Portico - digital long-term preservation service of scholarly books, journals and collections.  Plagiarism Policy  The editorial board is participating in a growing community of Similarity Check System's users in order to ensure that the content published is original and trustworthy. Similarity Check is a medium that allows for comprehensive manuscripts screening, aimed to eliminate plagiarism and provide a high standard and quality peer-review process. 