A Theoretical Construct of Forensic Accounting and Auditing

Abstract

In the ultimate analysis, forensic accounting and forensic auditing are concerned with finding the truth to help punish the guilty and protect the innocent. The word forensic underscores the application of scientific methods and techniques to the investigation of crime, as much as it is concerned with courts of law. In effect, forensic accounting refers to the application of accounting principles, theories and discipline to facts and hypotheses at issue in a legal context, embracing litigation or any other form of dispute resolution such as arbitration.