INVESTIGATING DIFFERENT FINANCIAL FRAUD USING FORENSIC ACCOUNTING TECHNIQUES - A CASE STUDY
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Abstract
Financial sector scams are a result of how the economy is growing. A successful fraud prevention program may help foster a positive work environment where employees resist the temptation to take advantage of their responsibilities. A forensic accountant may ensure the integrity and transparency of financial accounts by actively seeking for fraud, identifying high-risk regions and associated fraud symptoms, and keeping an eye out for anomalies in financial statements. The process for doing this is closely examining financial statements. Fraudulent financial activities were prevalent in many sectors of the global economy. The aim of this study is to investigate the different financial fraud using forensic accounting techniques through case studies. The data have been collected through the primary and secondary sources. The case study has been performed on 17 cases from different sectors by changing the name of the company the individuals. This study is an assimilation of selected organizations in Karnataka, where a fraud has happened between the years 2010 and 2024. The interviews that were performed and the information that was gathered are an assimilation of these companies.
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