scholarly journals Strengths and weaknesses of forensic accounting: an implication on the socio-economic development

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hashem Alshurafat ◽  
Mohannad Obeid Al Shbail ◽  
Ebrahim Mansour
Keyword(s):  
Economic Development ◽  
Accounting Education ◽  
Highly Qualified ◽  
Comprehensive Understanding ◽  
Content Type ◽  
Forensic Accounting ◽  
Socio Economic Development ◽  
Critical Issues ◽  
Increasing Demand ◽  
Future Policy

PurposeThis review aims to provide an understanding of the strengths and weaknesses of forensic accounting education and profession.Design/methodology/approachThis paper reviews published forensic accounting studies to explore forensic accounting strengths and weaknesses.FindingsThe strengths of forensic accounting are its benefits to students and accounting professionals, the significant need and increasing demand, the new career channels and the reduction of fraud. The weakness factors are the lack of regulation, the lack of control over the profession entry, the lack of agreement on how to teach forensic accounting, the lack of specialized research journals, the misconception of its intrinsic aim, the lack of highly qualified practitioners and educators and the lack of public recognition and occupation reputation.Practical implicationsIt is hoped that this structured investigation of the factors relevant to the current and future status of forensic accounting education and profession will provide a sufficient overview of the critical issues and concerns that are important to be known for understanding and advancing the vital application of forensic accounting on the Socio-Economic Development. It is anticipated that this paper has an impact on future policy that ultimately contributes to improving business and limit fraud incidents, thus, it can contribute to business and socio-economic development.Originality/valueThe literature on forensic accounting is extensive and varied. However, there is a lack of comprehensive understanding of the strengths and weaknesses of forensic accounting. This study provided policymakers with a comprehensive understanding of forensic accounting.

Does regional reorganization have implications on socio-economic development? Understanding Ghana's experience

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anthony Nkrumah Agyabeng
Keyword(s):  
Economic Development ◽  
Content Type ◽  
The People ◽  
Textual Data ◽  
Socio Economic Development ◽  
Convenience Sampling ◽  
Future Policy ◽  
Policy Direction ◽  
Depth Interviews ◽  
Practical Implications

PurposeThe study aimed at examining the regional reorganization and its implications on socio-economic development on the people of Oti region, Ghana.Design/methodology/approachThe study utilized both textual data and in-depth interviews in context. Purposive and convenience sampling techniques were used to select 35 participants from the Oti Region.FindingsThe study found some critical services, and public goods have been provided and established in Oti Region since its establishment. Furthermore, it was established that residents have mixed reactions in terms of their expectations of the establishment of the new region on their livelihoods.Research limitations/implicationsThe conclusion and the outcome of this study cannot be generalized as a representation of the whole population of Oti Region due to a qualitative approach.Practical implicationsThis study discovered country- and community-specific understanding, expectations and elucidations of socio-economic development.Originality/valueThe outcome of the study has expanded and further advanced the sparse literature in the domain, which could help politician and policymakers in future, policy direction and further help to ignite scholars' interest in the field in future

scholarly journals IMPACT OF REGIONAL FACTORS ON SOCIO-ECONOMIC DEVELOPMENT OF UNDERDEVELOPED REGIONS OF SIBERIA

2019 ◽  
pp. 59-64
Author(s):  
S. P. Mongush
Keyword(s):  
Economic Development ◽  
Transport Infrastructure ◽  
Competitive Advantages ◽  
Regional Economies ◽  
Highly Qualified ◽  
Qualified Personnel ◽  
Socio Economic Development ◽  
Investment Capital ◽  
Business Entities ◽  
Negative Factors

Due to various factors, the regions of Russia have significant differences in the level of socio-economic development. Thus, each region of Russia has certain specific qualities inherent only to it, which must be taken into account when implementing regional policy. By reducing the influence of negative factors and, conversely, activating positive ones, it is possible to significantly increase the competitiveness of regional economies and the country as a whole. One of the features of the economies of the underdeveloped regions of Siberia is a significant share in their structure of low-productivity and low-tech industries, a lack of investment capital, low innovative activity of business entities, poor development of the territory, insufficient transport infrastructure, a shortage of highly qualified personnel and a number of others. The strategic priority of the state's economic policy in recent years in relation to underdeveloped regions is to achieve an acceptable average Russian level. In this regard, it becomes relevant to search for natural competitive advantages that can provide, through the correct and justified selection of "growth points" based on the use of the internal potential of such territories of their more dynamic development in relation to the most successful regions.

scholarly journals CSR practices of Palestinian Islamic banks: contribution to socio-economic development

2017 ◽  
Vol 9 (2) ◽  
pp. 133-147 ◽  
Author(s):  
Abdalrahman Mohamed Migdad
Keyword(s):  
Economic Development ◽  
Secondary Analysis ◽  
Annual Reports ◽  
Islamic Banks ◽  
Structured Interviews ◽  
Human Welfare ◽  
Content Type ◽  
Main Research ◽  
Socio Economic Development ◽  
Islamic Financial Institutions

Purpose Corporate social responsibility (CSR) is an important corporate activity that affirms the importance of giving back to the community. This research aims to examine the CSR practices of Palestinian Islamic banks and their contribution to socio-economic development. There is an ongoing debate regarding Islamic financial institutions’ profit motive versus their motivation to achieve human welfare. The Palestinian Islamic banks are not disconnected from this debate, and this paper aims to discuss this issue. Design/methodology/approach For the purpose of assessing the CSR practices of Palestinian Islamic banks, a secondary analysis of the banks’ annual reports was carried out. In addition, 11 structured interviews were conducted with Islamic banks’ practitioners at the decision-making level and with some of the banks’ Sharīʿah board members to gather their views on CSR. These have been analyzed in light of the actual CSR practices disclosed in each bank’s annual reports. Findings The main research findings suggest that the CSR practice is highly valued by the Palestinian Islamic banks, but it is small and has marginal effects on the community’s socio-economic development. Another important observation from report analysis is that Islamic banks have great potential for expansion, given that the demand for Islamic financial transactions is double of what Islamic banks currently offer. If Islamic banks live up to that opportunity, they could deliver more in CSR practices, which is their ultimate goal according to the majority of the interviewees. Originality/value Existing literature has presented findings on the CSR of Palestinian corporations in general, but there is no available literature on the CSR practices of Palestinian Islamic banks. This research attempts to fill in the gap by presenting preliminary findings on Palestinian Islamic banks’ CSR practices.

scholarly journals Capacity building for sustained competitive advantage: a conceptual framework

2016 ◽  
Vol 34 (5) ◽  
pp. 671-691 ◽  
Author(s):  
S. M. Riad Shams
Keyword(s):  
Economic Development ◽  
Competitive Advantage ◽  
Conceptual Framework ◽  
Capacity Building ◽  
Dynamic Capabilities ◽  
Relevant Literature ◽  
Content Type ◽  
Sustained Competitive Advantage ◽  
Rapid Changes ◽  
Socio Economic Development

Purpose – Capacity building is a crucial antecedent for socio-economic development. However, an enhanced capacity that is difficult to develop could quickly be eroded, because of rapid changes in competitive forces in industries and markets. Therefore, this paper intends to analyse the extant strategic management and relationship marketing (RM) literature that deal with competition. Eventually, the purpose of this paper is to develop an alternative route for capacity building process that could sustain competitive advantage in a market or industry, which encounters rapid changes in business competition. Design/methodology/approach – An inductive constructivist approach is followed to support arguments, in order to develop a synthesis from the relevant literature to reinforce the current understandings on capacity building and sustained competitive advantage. Findings – An influence of RM on strategic organisational dynamic capabilities (DCs) is recognised, which appears as significant to sustain DCs and subsequent competitive advantage. Based on this influence, this paper proposes a conceptual framework of capacity building that could survive through the “valuable, rare, inimitability and non-substitutability” test, which is fundamental to sustain competitive advantage. Some empirical insights are developed, in support of this conceptual framework. Practical implications – For research and practice, these insights will be useful to focus on specific attributes in capacity building to sustain the enhanced capacity’s competitive advantage over time, across industries and markets. Social implications – Similarly, the insights will be instrumental to sustain the benefit of capacity building to underpin socio-economic progress. Originality/value – The paper proposes a much needed initial conceptual framework for capacity building to sustain competitive advantage of a hard-earned capacity for socio-economic development.

The role of social entrepreneurship in socio-economic development: a meta-analysis of the nascent field

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shabir Ahmad ◽  
Ishtiaq Ahmad Bajwa
Keyword(s):  
Economic Development ◽  
Social Entrepreneurship ◽  
Meta Analysis ◽  
The Body ◽  
Intellectual Structure ◽  
Future Research ◽  
Content Type ◽  
Socio Economic Development ◽  
Community Issues

Purpose This study aims to present the first meta-analysis of the research on social entrepreneurship and socio-economic development (SESED). Nation-states, researchers and organizations realized the pivotal role of social entrepreneurship in socio-economic development in the recent two decades. The body of knowledge in this domain witnessed consistent research growth, but it still lacks a critical review to map the scholarly literature and to guide future researchers. Design/methodology/approach This study used meta-analysis that combines bibliometric and content analyzes of 83 most relevant articles from 910 initially retrieved articles from the Web of Science, published in 75 different journals and 45 countries during 2005 and 2020. The analysis was performed using Histcite, VOSviewer and Biblioshiny software to identify the most influential aspects and to conduct citation and content analyze of selected publications. Findings The findings showed an overall consistent growth in research publications during the past 16 years with “Social Entrepreneurship and Enterprise: International and Innovation Perspectives” as the most influential article, “Entrepreneurship and Regional Development” as the most influential journal, and the USA and the UK as the most productive countries. The keyword co-occurrence analysis exposed five thematic clusters and content analysis revealed five streams within the selected publications. Practical implications This study provides 10 research questions that urge future researchers to conduct a thorough investigation on how social entrepreneurship while solving social, cultural, environmental and community issues, contributes to socio-economic development. Originality/value This study identifies prominent trends, intellectual structure, leading research streams and specific future research directions in the field of SESED.

Relevance of big data to forensic accounting practice and education

2019 ◽  
Vol 34 (3) ◽  
pp. 268-288 ◽  
Author(s):  
Zabihollah Rezaee ◽  
Jim Wang
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Accounting Education ◽  
Content Type ◽  
Accounting Practice ◽  
Accounting Curriculum ◽  
Forensic Accounting ◽  
Accounting Courses ◽  
Challenges And Opportunities ◽  
Practical Implications

Purpose This paper aims to examine the relevance of Big Data to forensic accounting practice and education by gathering opinions from a sample of academics and practitioners in China. Design/methodology/approach The authors conduct a survey of academics and practitioners regarding the desired demand, importance and content of Big Data educational skills and topics for forensic accounting education to effectively respond to challenges and opportunities in the age of Big Data. Findings Results indicate that the demand for and interest in Big Data/data analytics and forensic accounting will continue to increase; Big Data/data analytics and forensic accounting should be integrated into the business curriculum; many of the suggested Big Data topics should be integrated into forensic accounting education; and some attributes and techniques of Big Data are important in improving forensic accounting education and practice. Research limitations/implications Readers should interpret the results with caution because of the sample size (95 academics and 103 practitioners) and responses obtained from academics and practitioners in one country (China) that may not be representative of the global population. Practical implications The results are useful in integrating Big Data topics into the forensic accounting curriculum and in redesigning the forensic accounting courses/programs. Social implications The results have implications for forensic accountants in effectively fulfilling their responsibilities to their profession and society by combating fraud. Originality/value This study provides educational, research and practical implications as Big Data and forensic accounting are advancing.

Using of Renewable Resources as the Stabilizing Instrument of Global Security

2014 ◽  
Vol 1001 ◽  
pp. 509-516
Author(s):  
Miloš Ondrušek
Keyword(s):  
Economic Development ◽  
Renewable Resources ◽  
Security Risk ◽  
Global Security ◽  
The World ◽  
Socio Economic Development ◽  
Security Problem ◽  
Critical Issues ◽  
Definition Of ◽  
The Impact

This paper deals with issue of increasing of using the renewable resources as the stabilizing tool in relation to the world security. In this paper, there are identified and described basic critical issues of recent world security. Moreover there is a definition of wide seized security. After depicting of the basic problems of the world security there are deeper analyzed issue of oil deposits state and their diversification as a security problem as well as the problem of socio-economic development. This is followed by the security risk analysis related to the drink water world reserves. In further text there are characterized some scenarios of future security and socio-economic development related to the impact of possible lack of oil and water in world economics. This is followed by the characteristics of recent consumption of renewables within the primary energetic consumption, as well as by description of the stabilizing effects of increasing of using of renewables to the global security and socio-economic development.

Assessing socio-economic development in Bodoland Territorial Area District of Assam in India

2020 ◽  
Vol 47 (12) ◽  
pp. 1541-1559
Author(s):  
Nicodim Basumatary ◽  
Bhagirathi Panda
Keyword(s):  
Economic Development ◽  
Rural Areas ◽  
Urban Areas ◽  
Temporal Dynamics ◽  
Social Characteristics ◽  
Eastern Region ◽  
Content Type ◽  
Rural And Urban Areas ◽  
Rural And Urban ◽  
Socio Economic Development

PurposeThe study attempts to assess the socio-economic development in Bodoland Territorial Area District (BTAD) of Assam in North Eastern Region of India. This region is one of the most underdeveloped areas in India. The study also examines whether demographic and social characteristics in the form of social groups, number of family members, number of employed members in the family, education of the head of household, sources of income and location determine the variation in the level of socio-economic development. The authors surveyed 400 households during February to May 2018 in both rural and urban areas of BTAD to achieve the objective of the study.Design/methodology/approachThe authors use the concept of Amartya Sen's capability approach (CA) for assessment of development and constructed an index of Multidimensional Development.FindingsThere is variation in the distribution of developmental parameters across the study area. It is found that urban locations have better achievement in the multidimensional index score, while the spread of development is not even in the rural locations. An interesting revelation of this study is that while urban areas depict better performance in income, asset, education and empowerment, they have a relatively lower score in health dimension as compared to rural areas. The study shows that level of development depends on demographic as well as social characteristics of the households.Research limitations/implicationsThis study does not analyse temporal dynamics of development that is necessary to examine how development evolves because of data constraints.Originality/valueThe study provides an understanding of the socio-economic development in BTAD area in a multidimensional framework. This study is the first of its kind to assess the nature and extent of development realised in BTAD through the capability framework. The study supports more recent findings.

The role of share waqf in the socio-economic development of the Muslim community

Humanomics ◽  
2014 ◽  
Vol 30 (3) ◽  
pp. 227-254 ◽  
Author(s):  
Farhana Mohamad Suhaimi ◽  
Asmak Ab Rahman ◽  
Sabitha Marican
Keyword(s):  
Economic Development ◽  
Design Methodology ◽  
Primary Source ◽  
Muslim Community ◽  
Content Type ◽  
Endowment Fund ◽  
Socio Economic Development ◽  
Practical Implications ◽  
Research Show

Purpose – This study aimed to analyse the role of the Waqf Fund Scheme, by taking Penang (or Pulau Pinang) as one of the states in Malaysia as a sample of the study. Waqf Fund Scheme was established by the Islamic Religious Council of Penang, Majlis Agama Islam Negeri Pulau Pinang (MAINPP), in an effort to develop the economy of the Muslim community in the state. Design/methodology/approach – This study analysed the contribution that this endowment fund makes towards a comprehensive scheme of economic development, namely, in terms of the economic, spiritual and social welfare of the Muslim community in Penang. The primary source of data was obtained through interviews conducted by the researcher with the Manager of the Waqf Fund Scheme, the Head of Administration and Finance Section and the Account Executive of MAINPP. The researcher also interviewed respondents from four institutions that were beneficiaries of the Waqf Fund Scheme. Findings – The findings of this research show that the endowment fund scheme plays an important role in the economic development of the Muslim community in Penang. The Waqf Fund Scheme contributes by way of providing a financing facility towards the acquisition of waqf assets or through cash support channelled to associations or committees of a masjid. Research limitations/implications – This study only focuses on Waqf Fund Scheme which was established by MAINPP. Practical implications – This study is expected to contribute to the improvement of the Waqf Fund Scheme management. Originality/value – The paper is the first attempt to address the Waqf Fund Scheme contributions by MAINPP, particularly in Penang.

A systematic literature review on the socio-economic roles of waqf: evidence from organization of the Islamic cooperation (OIC) countries

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Fahmi Medias ◽  
Asmak Ab Rahman ◽  
Akhmad Akbar Susamto ◽  
Zulfikar Bagus Pambuko
Keyword(s):  
Economic Development ◽  
Literature Review ◽  
Social Welfare ◽  
Systematic Literature Review ◽  
Management Strategies ◽  
Content Type ◽  
Socio Economic Development ◽  
Developmental Role ◽  
Number Of Publications

Purpose This paper aims to analyze the role of waqf in the socio-economic development of the organization of the Islamic Cooperation (OIC) countries. Various projects currently use waqf as an instrument for socio-economic development, as reported in the scholarly literature. This study will investigate this literature to explore trends in waqf studies and the role of this Islamic form of endowment in the socio-economic development of OIC countries. Design/methodology/approach This systematic literature review focuses on peer-reviewed journals and data obtained from the Mendeley database using specific criteria to analyze the socio-economic developmental role of waqf in OIC countries from 2011‐2020. Findings The socio-economic developmental role of waqf in OIC countries has been widely studied. In total, 68 academic articles were found that are relevant to themes of poverty alleviation, social welfare, entrepreneurship, education, health services and religious facilities. They reveal that the role of waqf in social welfare was the most discussed topic in the research. In addition, the majority of studies used an interview method to study waqf institutions in nine OIC countries. Furthermore, the number of publications on the theme has increased significantly every year, although the largest proportion occurred in unindexed journals. Practical implications This study provides an overview of research trends in the socio-economic developmental role of waqf. Its results can provide practical input for waqf institutions as they encourage its practice in OIC countries, and for policymakers in formulating their management strategies to promote the role of waqf in the social and economic aspects of society. Originality/value This paper reviews the current development of the socio-economic role of waqf in OIC countries. It will help researchers improve their understanding of this role. It will also provide waqf managers in OIC countries with adequate information on waqf projects which they can implement to achieve socio-economic development in their countries.

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