Forensic accounting research around the world

Ozili, Peterson K (2023): Forensic accounting research around the world. Forthcoming in:

Abstract

This paper reviews the relevant forensic accounting research (FAR) around the world and suggests avenues for future research in forensic accounting. The study used the thematic and systematic literature review methodology to analyse the existing literature in forensic accounting research. It was found that the major thematic areas in the literature are fraud motivation, fraud consequences, fraud detection using forensic accounting techniques, forensic accounting theory, forensic accounting skills, forensic accounting education and forensic accounting jobs. The quantity of forensic accounting research is relatively small compared to the quantity of research in other accounting specializations. forensic accounting research is well developed in the U.S. and Canada, and is less developed in Europe, Oceania and Asia. There is high interest in forensic accounting research in African countries. There is a relatively low global interest in Internet information about ‘forensic accounting research’ compared to global interest in other forensic accounting topics. Areas for future research includes the role of the environment, digitalization, religiosity, and sustainable development in forensic accounting. The implication of the findings is that forensic accounting research around the world is lopsided as some regions have more advanced FAR compared to other regions. There is a need for even development of forensic accounting research across all regions and a need to publicize the outputs of forensic accounting research to a larger audience to increase people’s interest in forensic accounting.

• Item Type: MPRA Paper
• Language: English
• Keywords: forensic accounting, forensic accounting research, skills, fraud detection, forensic accounting theory, fraud motivation.
• Subjects: M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M40 - General; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M41 - Accounting; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M42 - Auditing; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M48 - Government Policy and Regulation; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M49 - Other

References

Abdulrahman, S. (2019), “Forensic accounting and fraud prevention in Nigerian public sector: A conceptual paper”, International Journal of Accounting & Finance Review, Vol 4 No. 2, pp. 13-21.

Abou-Zeid, N., El-Mousawi, H., and Younis, J. (2020), “Impact of Forensic Accounting Domains on Financial Corruption in Lebanon–An Empirical Study”, International Journal of Economics and Finance, Vol. 12 No. 8, pp. 121-121.

Adekoya, A. A., Oyebamiji, T. A., and Lawal, A. B. (2020), “Forensic accounting, tax fraud and tax evasion in Nigeria–Review of literatures and matter for policy consideration”, International Journal of Emerging Trends in Social Sciences, Vol. 9 No. 1, pp. 21-28.

Afriyie, S. O., Akomeah, M. O., Amoakohene, G., Ampimah, B. C., Ocloo, C. E., and Kyei, M. O. (2022), “Forensic Accounting: A Novel Paradigm and Relevant Knowledge in Fraud Detection and Prevention”, International Journal of Public Administration, Vol. 46 No. 9, pp. 615-624.

Akinbowale, O. E. (2018), “Information communication technology and forensic accounting in Nigeria”, International Journal of Business and Finance Management Research, Vol. 6 No. 1, pp. 1-7.

Akinbowale, O. E., Klingelhöfer, H. E., and Zerihun, M. F. (2020), “An innovative approach in combating economic crime using forensic accounting techniques”, Journal of Financial Crime, Vol. 27 No. 4, pp. 1253-1271.

Al Abbadi, H. M., Alrawashdeh, B., Dabaghia, M. N., and Darwazeh, R. N. (2021), “The role of courts and universities in activating the forensic accounting to discover financial fraud”, Academy of Accounting and Financial Studies Journal, Vol. 25 No. 2, pp. 1-9.

Al Shbeil, S., Alshurafat, H., Taha, N., and Al Shbail, M. O. (2022), “What do we know about forensic accounting? A literature review”, In European, Asian, Middle Eastern, North African Conference on Management & Information Systems (pp. 629-636). Cham: Springer International Publishing.

Alabdullah, T. T. Y., Alfadhl, M. M. A., Yahya, S., and Rabi, A. M. A. (2014), “The role of forensic accounting in reducing financial corruption: A study in Iraq”, International Journal of Business and Management, Vol. 9, No. 1, pp. 26-34.

Albrecht, W. S., Wernz, G. W., and Williams, T. L. (1995), “Fraud: Bringing light to the dark side of business”, Irwin Professional Pub.

Alshurafat, H., Beattie, C., Jones, G., and Sands, J. (2019), “The domain of forensic accounting services: Evidence from Australia”, In 19th Asian Academic Accounting Association (FourA) Annual Conference. Thailand.

Alshurafat, H., Beattie, C., Jones, G., and Sands, J. (2020), “Perceptions of the usefulness of various teaching methods in forensic accounting education”, Accounting Education, Vol. 29 No. 2, pp. 177-204.

Alshurafat, H., Al Shbail, M. O., and Mansour, E. (2021), “Strengths and weaknesses of forensic accounting: an implication on the socio-economic development”, Journal of Business and Socio-economic Development, Vol. 1 No. 2, pp. 135-148.

Alshurafat, H., Haloush, H. A., and Alzoubi, A. B. M. (2023), “Forensic Accounting from an Islamic Perspective: A Conceptual Framework from the Jordanian Context”, In Islamic Accounting and Finance: A Handbook (pp. 173-193). World Scientific Publishing, Singapore.

Awodiran, M. A., Ogundele, A. T., Idem, U. J., and Emem, O. (2023), “Digital Forensic Accounting and Cyber Fraud in Nigeria”, In 2023 International Conference on Cyber Management and Engineering (CyMaEn) (pp. 321-326). IEEE.

Ayadi, S. D., and Ennar, H. (2022), “Fraud risk as perceived by external auditors: Evidence from Tunisia”, Journal of Contemporary Issues in Business and Government, Vol. 28 No. 4, pp. 1949-1963.

Azadzadeh, A. (2014), “Analysis of the Necessity to Develop the Forensic Accounting in Iran”, Advances in Environmental Biology, Vol. 8 No. 19, pp. 170-173.