Author(s) :

Govar Araz.

Volume/Issue :

Abstract :

This study investigates the effect of forensic auditing on fraud prevention by examining the views and experiences of professionals in the field. The majority of respondents are between 26–45 years old, hold Bachelor’s or Master’s degrees, and have 1 to 6 years of experience—representing early to mid-career professionals with moderate qualifications. Most participants consider themselves knowledgeable about forensic auditing, primarily linking it to ensuring the accuracy of financial statements while acknowledging its broader role in fraud detection and legal compliance. However, there is less agreement on the specific focus areas of forensic auditors, suggesting diverse practices across organizations. Forensic audits are conducted regularly, but the frequency varies. Tools used in audits also differ, with interviews, witness statements, digital tools, and document reviews all playing roles depending on the case. Key challenges include complex financial data analysis and maintaining objectivity. Respondents widely agree that forensic auditing is effective in preventing fraud and supporting corporate governance. Although it is well integrated with functions like compliance and legal, improved collaboration with law enforcement is needed. While opinions vary on the need for specialized training, there is strong support for adopting technologies such as AI and block chain. The study highlights opportunities for growth in training, tools, and inter-agency cooperation.

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