Extending Dimensions of Forensic Accounting and the Organizations’ Strategies and Accountability: A Governmental Perspective

Abstract

The objective of this paper is to present the impact of extending the dimensions of forensic accounting by percentages of influence, in order to overcome negative aspects in the governmental sector, for the purpose of improving the governmental organizations’ strategies and accountability. I construct the hypothesis for this paper based on this potential impact. Thus, I use an approach for the expected value and variance of random variable test in order to analyze this potential impact. Then, I support the examination by discrete probability distribution and continuous probability distribution. I find a probability of 82.9% to have a significant potential impact of 67.1 % influence on improving the strategies and accountability of the governmental organizations, which in turn, helps contribute to the economy growth, reduce corruption and improve organizational behaviors.

Keywords: forensic accounting, organization strategies, accountability, governmental sector, internal control