FORENSIC ACCOUNTING, FORENSIC ACCOUNTING PROFESSION AND FORENSIC ACCOUNTING PRACTICES

Abstract

The basis of forensic accounting is United States practices. Forensic accounting is a new discipline for Turkey. Since forensic accounting is a new concept, there is no single definition. The common definition of forensic accounting is discipline that includes investigative services such as litigation support, fraud detection and prevention, and expert testimony. The need for expert support, the failure of the audit system, the increase in fraud, the increase in the failures of the enterprises cause the need for a forensic accountant. Personal characteristics, reputation and knowledge of the forensic accountant are important. Forensic accountants have different skills, knowledge and duties than traditional accountants and auditors. The application areas of forensic accounting are examined in three parts, namely litigation support consultancy (legal support), expert testimony (expertise) and fraud auditing (Investigative accounting). It is thought that the study will contribute to the forensic accounting literature. In the study, the subject of forensic accounting is discussed. In this study, firstly, the concept of forensic accounting is examined. Then, information about the forensic accounting profession is given. In the following section, an explanation is given about forensic accounting practices. Finally, in the conclusion part of the study, a general evaluation of the subject is made.