Comprehensive Study of The Effects of Forensic Accounting on Stock Market Management

Abstract

Forensic accounting is a branch of study that combines knowledge of fraud with financial abilities as well as an in-depth understanding of corporate realities and the operation of the legal system to produce a highly specialised professional. It is possible that forensic accounting will prove to be the most successful and cost-efficient technique of reducing and eradicating accounting fraud. Companies must have robust internal control systems in place to gather and verify the various types of information required for these disclosures. This will ensure that issuers and their boards of directors make complete, accurate, and timely disclosures of both financial and nonfinancial information to the public. The disclosures made by issuers are used to inform investment decisions by both investors and management, making these internal controls essential.