The Role of Judicial Accounting and Its Impact in Reducing the Phenomenon of Money Laundering

Abstract

Purpose: The research problem in the presence of money laundering in private banks reflects negatively on economic activities. The purpose of this study is to investigate the dimensions of forensic accounting (analysis of sources of use and funds, forensic accounting path, temporal analysis process, cash flow tracking schedule for various activities, analysis of the link between people and their relationship to financial data, follow-up of suspicious financial transactions) and its impact on reducing the phenomenon of money laundering. The study methodology used quantitative analysis of data related to private banks in the province of Basra under study, which is(7) private banks. The study sample included all Finances Accountants in these banks, numbering (150) individuals, and the data was processed through statistical methods using the program (SPSS). Results: Statistics, statistical analysis results, statistical tracking table, persons and their relationship to financial bytes, follow-up of financial transactions, and the dependent variable money laundering.