Role of Forensic Accounting in Detecting Financial Fraud: A Comparative Analysis
Syed Abdullah, Dr. Shivaprasad
Financial fraud continues to undermine institutional integrity, investor confidence, and broader economic stability. As fraudulent schemes grow more sophisticated — leveraging digital platforms, complex ownership structures, and regulatory loopholes — traditional auditing methods prove increasingly insufficient for timely detection. This study investigates the role of forensic accounting as a superior alternative framework for detecting financial fraud and compares its effectiveness against conventional audit processes.