Faculty Member, Department of Commerce, Indian Institute of Management and Commerce, Hyderabad, Telangana, India
Online published on 4 June, 2015.
Forensic accounting is gaining its momentum in the present global arena, to detect the frauds and manipulations of accounting and monetary transactions in the regular business transactions. It is a skill based technique of ascertaining frauds when compared to traditional auditing and investigation. Many companies in India are trying to promote forensic accounting as a separate identify to detect frauds and manipulations done by the companies or organizations in the day to day business activities. The present paper is focused on the mechanism of forensic accounting in India. It mainly focuses on how the forensic accounting works in detecting frauds.
Forensic accounting, Fraud, Subex systems, Lab systems, Forensic accountant
