TITLE:
Forensic Accounting: The Case of Saudi Arabia
AUTHORS:
Ali Faya Al Hassan
KEYWORDS:
Forensic Accounting, External Auditor, Economic Crime, Fraud Management, Financial Misconduct, Saudi Arabia
JOURNAL NAME:
Open Journal of Accounting,
Vol.13 No.3,
July
25,
2024
ABSTRACT: In this work, forensic accounting and fraud management strategies in Saudi Arabia are examined based on the information obtained by administering 120 questionnaires to the industry professionals representing an electricity company, a cement company, and a telecommunications company, as well as the academics from the accounting and the law department of King Khalid University. The obtained results indicate a significant difference in the duties performed by external financial auditors and forensic accountants. However, in both cases, effective tools are needed for uncovering fraudulent practices, including asset misappropriation and insider transactions.