Forensic Accounting & Audit Anticipation In India

Forensic accounting provides investigative functions and litigation support services to understand the depth and width of the financial scams happening in any economy. The study focused on (i) responsibility, (ii) reliability, and (iii) decision usefulness statements. Responsibilities like issue of fraud detection and prevention, internal control, scope of auditor's legal responsibility, financial statement preparation, auditor's objectivity and audit procedures. The objective of this study was to find out the perception of accounting professionals as to whether the wide use of forensic accounting techniques in the audit in India will enhance the chances of fraud discovery and thus help in narrowing the audit Anticipation. Specific objectives of this research were 1) Study of Audit Anticipation in India. 2) Study of awareness of Forensic Accounting in India. 3) Study of accounting professionals' perception towards responsibility of Auditors & Forensic Accounting.

Autorentext

Professor Dr. Atul Bansal is M.Com, LL.B, MBA, Ph.D., Post-Doc. He is having more than 21 Years of Experience in the field of Teaching, Research, and Administration. Dr. Bansal is the author 19 books and 87 research articles in the journals of International & National repute. His area of Expertise are Forensic Accounting, IFRS, Finance.