Forensic Accountant: Innate Trait or Acquired Skill?

Arežina, Nada; Knežević, Goranka; Simeunović, Nataša; Vukićević, Sofija

doi:10.15308/finiz-2014-131-134

Cited by 3 publications

(3 citation statements)

References 4 publications

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“…Criminal accounting is a growing area of accounting practices that provide complementary skills and experience with the capabilities of the investigation and applied for disclosure of evidence of fraud (Nicolae & Diana, 2017). In recent years, scholars commenced querying what specific skills and technical capabilities must be available in an FA and auditor to discover fraud (Ademola et al, 2017;Popoola, 2015;Are ina et al, 2014;Ramaswamy, 2005;Messmer 2004).…”

Section: Skills (Forensic Accountant and Auditor)mentioning

confidence: 99%

The Personality Factor of Conscientiousness on Skills Requirement and Fraud Risk Assessment Performance

Mansour

Ahmi

Popoola

2020

IJFR

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The study examines the moderation effect of the personality factor of conscientiousness on the relationship between skills (forensic accountant and auditor) and fraud risk assessment task performance in the Jordanian public sector. The forensic accountant skills denote enhanced level of capability purposely required to collect evidence in respect of fraud prevention, detection, deterrence as well as response. Whereas, the auditing standards require auditors to make available realistic guarantees in terms of sufficiency and reliability that the financial statements as a whole are free from material misstatements arising from fraud or error. Despite efforts by the government in reducing cases of fraud through a measure of reforms such as the establishment and strengthening of accountability organs and promoting global best practices for corporate organisations, fraud and financial crimes in the public sector of Jordan are still increasing. Hence, this paper develops a conceptual framework to investigate the moderating effect of conscientiousness on skills requirements and fraud risk assessment performance. The study will assist the forensic accountants and auditors working as regulators in the public sector environment concerning fraud prevention, detection, and response. It also creates awareness among accounting information users in the public sector. The paper contributes to the literature on personality factors of conscientiousness, auditing and forensic accounting, enhanced capability skills requirement, and competence (fraud risk assessment performance) by forensic accountants and auditors about fraud prevention, detection, and response in the Jordanian public sector.

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Section: Skills (Forensic Accountant and Auditor)mentioning

confidence: 99%

The Personality Factor of Conscientiousness on Skills Requirement and Fraud Risk Assessment Performance

Mansour

Ahmi

Popoola

2020

IJFR

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“…Most of the literature on this area are based on the researches conducted in the Western world (Gaither, 2018;Nicolae, 2017;Arežina, 2014;Ahadiat, 2010;Davis, 2010;Akers, 2003;McMullen, 2010;Caliyurt and Crowther, 2006;Brooks and Labelle, 2006;Seda and Kramer, 2014;KrameR, Seda and Bobashev, 2017) and African countries (Ademola, 2017;Kodongo, Mokaleli-Mokoteli and Maina, 2014;Okoye and Akenbor, 2009;Dada, 2016;Arewa, 2018;Kingdom and Aduwo, 2016;Oladejo and Oluwaseun, 2015;Okoye and Jugu, 2010).…”

Section: Practical Implications Of the Studymentioning

confidence: 99%

Skills and competencies required by a forensic accountant: Anexploratory study conducted in Sri Lanka

Perera

Undugoda

2020

Int. J. Acct. Bus. Fin.

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The 2016 Global Fraud Survey steered by the Association of Certified Fraud Examiners (ACFE) illustrates that the organisations established worldwide lose approximately 5% of their annual revenue due to fraud. With the increase in fraudulent accounting practices all around the world, the need for forensic accountants has increased to look for indicators of suspicious financial activities and fraudulent activities. Regulators continue to increase the responsibility for auditors to detect fraudulent financial statements, however, there is a mismatch between the supply of and demand for auditors with forensic accounting skills. The main objective of the study is to determine whether forensic accountant needs any special skills and competencies in their profession as forensic accountants and to identify the same. The study is conducted based on a sample of professionally qualified accountants in forensic practice and auditing. Data was collected through questionnaire and analysed using Statistical Package of Social Studies (SPSS).The research identified that fraud risk assessment, deductive analysis and diagnostic skills as the highest ranked skills, whereas, the least ranked skill was marketing. It is suggested that the use of forensic accounting procedures or services to detect financial reporting frauds and corruption practices should be increased in organisations by having or recruiting more forensic accountants with required skills and competencies.

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“…In the current reporting environment, forensic accountants are undoubtedly in great demand for their accounting, auditing, legal, and investigative skills. Th ey can play a vital role in coordinating the company's eff orts to achieve a cohesive policy of ethical behaviour within an organization (Bhasin, 2015;Arežina et al, 2014;Gbegi & Adebisi, 2014). Unfortunately, it is quite diffi cult to encounter all these skills in one person.…”

Section: Digital Forensic Investigation In Fraud Auditing Processmentioning

confidence: 99%

Forensic accounting in the fraud auditing case

Simeunović¹,

Gojko²,

Ristić³

2016

Eur J Appl Econ

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Abstract:This paper presents a real case of digital forensic analysis in organizational fraud auditing process investigated using two different forensic tools, namely Tableau TD3 Touch Screen Forensic Imager and Access Data FTK Imager. Fraud auditing is more of a mindset than a methodology and has different approaches from financial auditing. Fraud auditors are mostly focused on exceptions, accounting irregularities, and patterns of their conduct. Financial auditors place special emphasis on the audit trail and material misstatements. A fraud case investigation of non-cash misappropriations committed by an employee, the warehouseman, will be presented herein in order to highlight the usefulness of fraud auditing, which can reveal many forms of financial crime and can be used in both private and public sector companies. Due to the computerized accounting environment, fraud investigation requires a combination of auditing, computer crime and digital forensic investigation skills, which can be achieved through joint efforts and cooperation of both digital investigator and fraud auditor as proposed herein.

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Forensic Accountant: Innate Trait or Acquired Skill?

Cited by 3 publications

References 4 publications

The Personality Factor of Conscientiousness on Skills Requirement and Fraud Risk Assessment Performance

The Personality Factor of Conscientiousness on Skills Requirement and Fraud Risk Assessment Performance

Skills and competencies required by a forensic accountant: Anexploratory study conducted in Sri Lanka

Forensic accounting in the fraud auditing case

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