The Role of Forensic Accounting in Fraud Investigations: A Survey Based Research from Kingdom of Bahrain

2015 ◽  
Vol 2 (1) ◽  
pp. 168-184 ◽  
Author(s):  
Lulwa Isa AI Musalam ◽  
Gagan Kukreja
Keyword(s):  
Financial Analysts ◽  
Knowledge And Skills ◽  
Forensic Accounting ◽  
Accounting Professionals ◽  
Financial Crimes ◽  
The World ◽  
The Government

Forensic accounting is the practice of utilizing accounting, auditing and investigative skills to assist in legal matters. The increase in number of frauds and fraudulent activities around the world has emphasized the need for forensic accountants. This research aims at define forensic accounting and differentiates between forensic accounting and traditional accounting and auditing. The study then explores the role of forensic accountants in fraud investigation and the knowledge and skills forensic accountants are expected to possess. Finally, the study will explain the role of forensic accounting in fraud investigation in view of accounting professionals, financial analysts and auditors in Bahrain. The result showed that Forensic Accountant is important in fraud investigation and curb and resolve economic and financial crimes in Bahrain economy. We recommend among others that the government of Bahrain should enact an Act that will make forensic accounting a practice in Bahrain so that economic and financial crimes can become history.

scholarly journals FORENSIC ACCOUNTING: AN OVERVIEW IN INDIAN CONTEXT

2020 ◽  
Vol 3 (4) ◽  
pp. 36-47
Author(s):  
Dr. Nirali Ketan Shah
Keyword(s):  
Financial Statements ◽  
Secondary Sources ◽  
Indian Context ◽  
Forensic Accounting ◽  
Conceptual Clarity ◽  
Financial Crimes ◽  
Cyber Crimes ◽  
The Government ◽  
State Of Affairs

The rudiments objective of GAAP states that the financial statements must depict ‘true and fair’ view of the financial state of affairs. The ambivalence of ‘true and fair’ view created a dodge towards the rise of financial frauds, thereby wearying the trust of the users of financial information on the reported statements. Forensic accounting as new area of accounting in India has come to limelight recently due to quick increase in white collar crimes, financial crimes, cyber-crimes and growing complexities of the corporate environment. Forensic accounting is the triple practice that integrates accounting, auditing and investigative skills to conduct an examination into a company’s financial statements. The object of this study is to know the detailed conceptual clarity regarding the term Forensic Accounting. The study covered the necessary information regarding knowing the term Forensic Accounting, its definition, characteristics, objectives scope, role of a forensic accounting investigator and modus operandi (Techniques). It also covered differentiating points among the accounting, audit & forensic accounting. More over the well-known case of fraud has also been taken in the study. The data was collected to understand the objectives of forensic accounting and challenges faced by forensic investigators while examining various cases. The research largely makes use of secondary sources of data and the previous literature on forensic accounting, along with the experts’ views on the same. There is an urgent need to regularize the forensic accounting movement by the government and recognized accounting bodies in India.

On retroeconomy

2017 ◽  
pp. 148-159
Author(s):  
V. Papava
Keyword(s):  
Developing Countries ◽  
Detrimental Effect ◽  
International Competition ◽  
The World ◽  
The Government ◽  
Role Of The Government

This paper analyzes the problem of technological backwardness of economy. In many mostly developing countries their economies use obsolete technologies. This can create the illusion that this or that business is prosperous. At the level of international competition, however, it is obvious that these types of firms do not have any chance for success. Retroeconomics as a theory of technological backwardness and its detrimental effect upon a country’s economy is considered in the paper. The role of the government is very important for overcoming the effects of retroeconomy. The phenomenon of retroeconomy is already quite deep-rooted throughout the world and it is essential to consolidate the attention of economists and politicians on this threat.

scholarly journals Combating economic and financial crimes in nigeria: the role of the forensic accountant

2020 ◽  
Vol 10 (4) ◽  
pp. 12-28
Author(s):  
Felix Ogbeiyulu Umanhonlen ◽  
Otakefe J.P ◽  
Killian Osikhenaogiedu
Keyword(s):  
Internal Control ◽  
Expert Witness ◽  
Future Research ◽  
Financial Crime ◽  
Public And Private ◽  
Forensic Accounting ◽  
Financial Crimes ◽  
Routine Basis ◽  
Expert’S Opinion

Economic and financial crime has been a clog in the wheel of progressand a majorproblem be devil economic prosperity and growth modelsof most nations of the world. Due to this government in some quarters have had the reason to set upinstitutions to unravel as well asdispels themenace. Despite this,fewer than much success mayhave been achieved by the respective anti-corruption agencies as a result of not identifying with therole of forensic accounting science in planning, investigating and representing expert witness/testimony on be fore law suit. This paper attempts toappraisethe role of forensic accountant in combating economic and financial crimes in Nigeria. The paper explored relevance components of economic and financial crimes and extensively discussed concepts of crime and criminality, corruption, white collar and cybercrimes. Specifically, the study reviews the historical antidotes of forensic accounting, emphasizes on the role of forensic accounting science in litigation and forensic accountantensuring economic and financial crime immersed. Moreso, the study identifies basis for future research, some potential crimes factors and forensic accounting science expert’s opinion in crime scene as well as reviewed prior studies and gap envisaged. Essentially, the study reviewed theoretical issues using qualitative approach thereby involving a survey of literature to decipher relevant issues. It there fore sought that forensic accounting serves the basis for investigation, expert witness testimonyand opinion of expert in lawsuit so as to unravel crimes, and reach resolution for recovering. However, concludes that there is need to involve and embrace accounting expert science in all facets of crime investigation in order to accelerate detections and ameliorate incidences of failed attempt on crime recovery related to economic and financial crimes. Therefore, propose that public and private sectors should engage, recruit and employservices of and/or stationed forensic accountant to review,strengthen, reappraises records and internal control on routine basis. Also to check incidences of crime perception as well as anti-corruption agencies saddled with the responsibilities of fighting economic and financial crimes to employ and adopt engagement of forensic accountant on regular basis among others for all-inclusiveness works of planning, investigating, detecting,and recovering.

scholarly journals Mapping Indonesian Muslim Diaspora in the Netherlands

2019 ◽  
Vol 9 (2) ◽  
pp. 157-166
Author(s):  
Fachri Aidulsyah ◽  
Gusnelly Gusnelly
Keyword(s):  
The Netherlands ◽  
Great Contribution ◽  
Indonesian Government ◽  
Historical Perspectives ◽  
The World ◽  
The Government ◽  
Historical Trajectory

Since few years ago, Indonesian government has been concerning to gain many benefits from Indonesian diaspora in various regions in the world. There are many events and agendas provided by the government which are aimed to embrace many Indonesian diaspora for giving a great contribution towards their homelands. However, its vision for gaining attention from Indonesian diaspora tends to low because the government do not have Indonesian diaspora maps in details, comprehensive, as well as described by historical trajectory. This paper aims to understand the contribution of Indonesian Muslim diaspora by mapping the role of Indonesian Muslim Organizations in the Netherlands by socio-historical perspectives. The main reasons of the Netherlands as locus of this research are; Indonesian Muslim diaspora are the first actors who promoted Islam faces in this country since 1920s and it also was acknowledged as one of the highest Muslim populated countries in Europe. Afterwards, this paper shows that there are numerous Indonesian Muslim organizations in the Netherlands from different perspectives, mazhabs, and backgrounds. Even though the government did not pillarize Indonesian Muslim organizations, albeit most of them have strong connections with some Muslim organizations in Indonesia, starting from Nahdhatul Ulama (NU) until Salafist Movement.

Business Correspondence: Main Rules and the Specifics of Translation

2021 ◽  
Vol 12 (4) ◽  
Author(s):  
O Turitsina ◽  
Keyword(s):  
Business Communication ◽  
International Communication ◽  
Cross Cultural ◽  
Modern World ◽  
Cross Culture ◽  
Knowledge And Skills ◽  
National Differences ◽  
The World ◽  
Business Correspondence

Abstract: The article discusses the issue of business correspondence, its rules and etiquette, which is highly important in modern world as a great number or e-mails and business letters are sent and received every day throughout the world. So, the ability to correspond in business sphere is a crucial skill for the employees of multinational companies as well as for those who communicate internationally in different fields. It also concerns the cross-cultural aspect of organizing and translating business letters taking into consideration the key role of international communication due to the growing globalization of our society, and a lot of attention is paid to the national differences and peculiarities we may face while establishing contacts with foreign colleagues and partners. It analyses numerous studies and articles written by linguists, interpreters as well as by business coaches who, basing on their research and experience give advice and suggest solutions to different challenges we may face in this sphere. The article focuses on the different issues, such as the language and style, the structure and layout, the peculiarities and difficulties of translation, the things which should be avoided and are inappropriate in business letters. A lot of advice with numerous examples are given in order to avoid misinterpreting when it comes to cross-culture communication as well as embarrassing mistakes and those mistakes, which may have serious professional consequences. The article focuses six different problematic areas in business letter translation. These include: lexical-semantic problems; grammar; syntax; rhetoric; and pragmatic and cultural problems. The information must be interesting and useful for those who deals with business communication on international level as well as career coaches and business consultants in order to provide them with advice appropriately and help to improve and systemize necessary knowledge and skills to handle business correspondence successfully.

Economic diplomacy: pandemic effect

2021 ◽  
pp. 84-97
Author(s):  
Tatyana Leonidovna Musatova
Keyword(s):  
Foreign Policy ◽  
Public Diplomacy ◽  
New World ◽  
Economic Security ◽  
Economic Diplomacy ◽  
Foreign Countries ◽  
The World ◽  
The Government ◽  
The Impact

The article analyzes the impact of the COVID-19 coronavirus pandemic crisis on the foreign policy and diplomacy of states, including economic diplomacy. ED is interpreted as a multi-sided multi-faceted activity, an integral part of foreign policy aimed at protecting the national interests and economic security of the country. Given the interdepartmental nature of the ED, the presence of numerous actors and agents, not only state, but also public and business structures, political and foreign economic coordination on the part of the Foreign Ministries is of great importance, and this role of foreign policy departments is increasing during the pandemic crisis. The activity of the ED of Russia in 2020 was generally successful, among the main results: active participation of diplomats in the anti-epidemic work of the Government of the Russian Federation, including export flights, provision of emergency assistance by compatriots abroad, assistance to foreign countries; measures to promote the Russian vaccine in the world, establish its production abroad, and thus win new world markets for medicines; settlement of the pricing crisis on the world oil market with the leading role of Russia and Saudi Arabia; adjustment of double taxation agreements with a number of foreign countries, taking into account the domestic economic needs of the country; the growing experience of BRICS, this interstate association, which did not know the crisis, including its fight against epidemiological diseases, during the period of Russia’s presidency in the BRICS; further steps to deepen integration within the EAEU; Russia’s success in the eastern direction of foreign policy, in the development of trade exchanges and epidemiological cooperation with the ASEAN and APEC states. The new world crisis has become a catalyst for the convergence of ED methods with scientific and public diplomacy, with other diplomatic cultures that can be combined under the general name of civil diplomacy. Such a separation is required to protect the legacy of professional diplomacy, the popularity and use of which methods is growing significantly. ED, as an integral part of official diplomacy, is presented as a mediator between classical and civil diplomacy. It provides civil society with an example of the more rigorous, pragmatic, resultsoriented work that the current pandemic crisis requires.

Supporter, Activist, Rebel, Terrorist

2017 ◽  
pp. 97-114
Author(s):  
Bulut Gurpinar
Keyword(s):  
Political Violence ◽  
Fragile States ◽  
Fragile State ◽  
Post Cold War ◽  
Role Changes ◽  
The World ◽  
Changing Roles ◽  
The Government ◽  
Changing Role

Children have always been a part of the war for millennia but child soldiering is often portrayed as something rather new, as a side product of the Post-Cold War in most of the fragile states in the world. Underdevelopment is a feature of the fragile state and especially political violence is a common figure in such states. This paper argues that, children's role changes in fragile states, and further focuses on children in Syrian war and their changing role in the society. While the conflict was turning into a war the role of the children both in the society and in the conflict of which increasing tension was turning it into a war. And when the country, one of the fragile states in the world, collapsed, the government lost control and the children took the sides as terrorists. Given the brief information about the changing roles of Syrian children in this dynamically violent environment, this article will examine the transformation of the role of the children in the fragile state Syria.

The Role of International Labour Organization in the Fight Against Modern Slavery

2017 ◽  
pp. 34-47
Author(s):  
Halise Duygu Özalp
Keyword(s):  
State Level ◽  
Working Life ◽  
Forced Labor ◽  
International Labour Organization ◽  
Invisible Work ◽  
Modern Slavery ◽  
The World ◽  
The Government ◽  
Policy Proposals

Since the date it was founded to the present day, International Labour Organization (ILO) has been working on developing policy proposals about the problematic areas emerging in working life. Though unemployment is regarded across the world as the source of major problematic areas of economies, the thought of the need for taking the new ‘invisible' work types into the spotlight also as problematic areas is considered significant. This chapter acknowledges this need and is about the fight against modern slavery; in this context, the chapter takes the assessments and reports of ILO on forced labor. Thus, the purpose is to put forth the necessity and importance of fighting against the modern forms of slave labor, expanding on the efforts of the Organization which can cause significant pressure on the government/state level.

Indian Labour and the Geographies of the Great War

2020 ◽  
pp. 13-42
Author(s):  
Radhika Singha
Keyword(s):  
Ottoman Empire ◽  
World Order ◽  
International Order ◽  
Political Life ◽  
The World ◽  
History Of ◽  
The Government ◽  
Global War ◽  
The Great War

This chapter assesses the key role of the non-combatant or follower ranks in the history of sub-imperial drives exerted across the land and sea frontiers of India. The reliance of the War Office upon combatant and non-combatant detachments from the Indian Army, used in combination with units of the British Army, left an imprint upon the first consolidated Indian Army Act of 1911. From 1914 the inter-regional contests of the Government of India for territory and influence, such as those running along the Arabian frontiers of the Ottoman empire, folded into global war. Nevertheless the despatch of an Indian Expeditionary Force to Europe in August 1914 disrupted raced imaginaries of the world order. The second less publicized exercise was the sending of Indian Labor Corps and of humble horse and mule drivers to France in 1917-18. The colour bar imposed by the Dominions on Indian settlers had begun to complicate the utilisation of Indian labor and Indian troops on behalf of empire. Over 1919-21, as global conflict segued back into imperial militarism, a strong critique emerged in India against the unilateral deployment of Indian troops and military labor, on fiscal grounds, in protest against their use to suppress political life in India and to condemn the international order which their use sustained.

India’s Kochi Biennale: sponsorship, patronage, and art’s resistance

2019 ◽  
Vol 9 (1) ◽  
pp. 16-31
Author(s):  
Annamma Joy ◽  
Russell Belk
Keyword(s):  
Contemporary Art ◽  
Art World ◽  
Future Directions ◽  
Role Of Government ◽  
International Context ◽  
Content Type ◽  
The World ◽  
The Government ◽  
Financial Power

Purpose The purpose of this paper is to examine the meaning, in both local and international context, of the Kochi-Muziris Biennale (KMB), the first international exhibit of contemporary art in India. Kochi Biennale Foundation (KBF), which administers the KMB, identifies art as a means for transforming society, with a mission to bring global contemporary art to India and to present India’s modern art to the world. The authors further investigate the role of government sponsorship and corporate patronage in funding the KMB, and investigate how resistance through art is key to the KMB’s identity. Design/methodology/approach This study focuses primarily on published materials relating to the KMB. One of the authors attended the 2016 KMB and interviewed fellow attendees. Additionally, the authors reviewed and assessed social media postings regarding the 2016 KMB. Findings The authors argue that government sponsorship and corporate patronage are never solely about political or financial power. Rather, a generalized reciprocity among the three entities – corporations, the government and the artists – allows the KMB to flourish. For the artists involved, the KMB, co-founded by activist artists, sustains interest in and awareness of resistance. Originality/value Extant literature on biennales is sparse on ways in which these exhibits extend their impact beyond the art world. The authors examine issues such as India expanding its position on the world stage through art, and the implications of political resistance embraced by Indian artists on future directions for the KMB, that have heretofore been unaddressed.

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