Abstract
Forensic accounting is a specialized area within the field of accounting aimed at addressing non-uniformity and preventing misleading practices that stem from creative accounting. It encompasses expert knowledge and diligent skills used to detect and mitigate financial fraud while identifying intentional manipulations within financial records that exploit loopholes in accounting standards. This paper explores the scope of forensic accounting and the strategies it employs. It also focuses on creative accounting practices prevalent in India, highlighting the issues they pose and proposing solutions through forensic accounting. The research discusses the concept of forensic accounting and emphasizes its critical role in corporate organizations.
The author(s) appreciates all those who participated in the study and helped to facilitate the research process.
The author(s) declared no conflict of interest.
This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.
© 2024, Shrotriya, S. & Saxena, P.
Responding Author Information
Samiksha Shrotriya @ samikshashrotriya26@gmail.com
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