Forensic Accounting (A Great Weapon Against Accounting Frauds and Malpractices in Corporate World)

8 Pages Posted: 19 Mar 2014

See all articles by H. Pawar

H. Pawar

NSVKM Smt.S.S.Patel Nootan Science and Commerce College

Date Written: February 24, 2014

Abstract

India's image on tackling corruption has not improved with Transparency International's Corruption Perception Index (CPI) placing it at 94th rank out of 176 nations this year. In recent times, there have been an increasing number of frauds and white collar crimes in all the sectors of the world economy. In India, number of infamous corporate scandals like Harshad Mehta (1992), Kingfisher Airlines credit card fraud (2007), Ketan Parekh (2008) and Satyam Computers (2009) etc. have adversely affected the development of the corporate and non-corporate sectors. Frauds, in the different sectors like bank, insurance, stock market, cyber world etc., need a sharp scientific tool, for investigation and settlement of disputes. The researcher hopes that Forensic Accounting will prove as “Brahmastra” (infallible weapon) against accounting frauds, malpractices in the corporate world.

Keywords: Forensic Accounting, Accounting Frauds, Malpractice, Investigation

JEL Classification: M41

Suggested Citation

Pawar, Hukmaram, Forensic Accounting (A Great Weapon Against Accounting Frauds and Malpractices in Corporate World) (February 24, 2014). Available at SSRN: https://ssrn.com/abstract=2400574 or http://dx.doi.org/10.2139/ssrn.2400574

Hukmaram Pawar (Contact Author)

NSVKM Smt.S.S.Patel Nootan Science and Commerce College ( email )

Gandhinagar Ambaji Link Road
Visnagar, Guajarat 384315
India
+919824315606 (Phone)

Register to save articles to
your library

Register

Paper statistics

Downloads
362
Abstract Views
1,628
rank
81,270
PlumX Metrics