Authors : Shreekumar Menon; Danish Mohd Farukh Shaikh

Volume/Issue : MMK:ACE-2023

Google Scholar : http://tinyurl.com/42hf5ek8

Scribd : http://tinyurl.com/9edxhcyt

DOI : https://doi.org/10.5281/zenodo.10477982

Abstract : The research paper will examine the role of forensic audit in detection and prevention of frauds in any corporates. The need for forensic audit arises due to failure of regular audit to detect deep rooted conspiracy and well-planned financial frauds. The role of statutory auditor is increasing with complexities in financial transaction and added knowledge on forensic audit would help them ian planning their audit endeavors. The data collected was e analyzed using charts, graphs, tables, the study found that most of the frauds were done by insiders and forensic audit was very useful tool in discovering and preventing this happening.

Keywords : Forensic Audit, Financial Frauds, Accountants, Auditors.