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

<p>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.</p>
</abstract>

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.

Forensic Accounting vs Fraud examination: Roles, Importance and Differences

Journal of Forensic Accounting Profession

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Forensic Accounting vs Fraud examination: Roles, Importance and Differences"}

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...

Forensic Accounting vs Fraud examination: Roles, Importance and Differences

Data publikacji: 18 sty 2022

Zakres stron: 29 - 47

Otrzymano: 19 lis 2021

Przyjęty: 20 gru 2021

DOI: https://doi.org/10.2478/jfap-2021-0007

Słowa kluczowe
Fraud Examination, Forensic Accounting, Fraud, Fraud Investigation

© 2021 Metka Tekavčič et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Forensic Accounting vs Fraud examination: Roles, Importance and Differences

Data publikacji: 18 sty 2022

Zakres stron: 29 - 47

Otrzymano: 19 lis 2021

Przyjęty: 20 gru 2021

DOI: https://doi.org/10.2478/jfap-2021-0007

Słowa kluczoweFraud Examination, Forensic Accounting, Fraud, Fraud Investigation

© 2021 Metka Tekavčič et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Słowa kluczowe
Fraud Examination, Forensic Accounting, Fraud, Fraud Investigation