The Role of Forensic Accounting in Detecting Financial Fraud in Emerging Markets

Authors

  • Dr. Chetana Asbe

    Associate Professor, ISME, ATLAS SkillTech University, Mumbai, India

  • Dr. Anita Sahoo

    Associate Professor, Department of Management, Siksha 'O' Anusandhan (Deemed to be University), Bhubaneswar, Odisha, India

  • Dr.P. Hameem Khan

    Assistant Professor, Master of Business Administration, Sathyabama Institute of Science and Technology, Chennai, Tamil Nadu, India

  • AravindanMunusamy Kalidhas

    Associate Professor, Department of Mechanical Engineering, Faculty of Engineering and Technology, JAIN (Deemed-to-be University), Ramanagara District, Karnataka, India

  • Ish Kapila

    Centre of Research Impact and Outcome, Chitkara University, Rajpura, Punjab, India

  • Prateek Aggarwal

    Chitkara Centre for Research and Development, Chitkara University, Himachal Pradesh, India

  • Dr. Neha Agrawal

    Assistant Professor, Business Management, Maharishi University of Information Technology, Uttar Pradesh, India

How to Cite

Asbe, D. C. ., Sahoo , D. A. ., Khan , D. H. ., Kalidhas , A. ., Kapila , I. ., Aggarwal , P. ., & Agrawal , D. N. . (2025). The Role of Forensic Accounting in Detecting Financial Fraud in Emerging Markets. International Journal of Accounting and Economics Studies, 12(SI-1), 93-96. https://doi.org/10.14419/2smzjj47

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025

DOI:

https://doi.org/10.14419/2smzjj47

Keywords:

Forensic Accounting; Financial Frauds; Fraud Prevention; Forensic Technique; Security, Future Fraud

Abstract

We address the role of forensic accounting through a thorough analysis of financial documents, the identification of anomalous patterns of activity, collaboration with law enforcement and security agencies, and the prevention of fraud through the installation of financial controls, all of which are accomplished through a systematic literature review approach.The results demonstrate that forensic accounting is not just a preventive measure to lessen the probability of future financial fraud but also a poor post-event strategy.This is an attempt to provide a broad overview of the critical role that forensic accounting plays in preserving a company's financial integrity by summarizing these findings.The purpose of this study is to examine the important role that forensic accounting plays in identifying and looking into financial wrongdoing. The method of research employed is literature. Forensic accountants utilize evidence-gathering tools and techniques of special investigation to identify anomalous patterns that can indicate fraud. Their experience and training in evidence examination and preparation of investigative reports are of vital support during legal proceedings. The results also affirm that forensic accountants have a crucial role as expert witnesses in the courtroom, and in making recommendations for the improvement of internal control systems to mitigate the risk of future fraud.

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How to Cite

Asbe, D. C. ., Sahoo , D. A. ., Khan , D. H. ., Kalidhas , A. ., Kapila , I. ., Aggarwal , P. ., & Agrawal , D. N. . (2025). The Role of Forensic Accounting in Detecting Financial Fraud in Emerging Markets. International Journal of Accounting and Economics Studies, 12(SI-1), 93-96. https://doi.org/10.14419/2smzjj47

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025