Forensic Accounting: Review on Global Organization’s Scenario

Abstract

Forensic accounting popularity and application over the decade has intensified immensely though it is not a new concept. Its application is of many importance provided that accounting fraudulent practices are increasing immensely throughout the globe.  Forensic accounting is the combination of accounting, auditing and investigative skills. It provides investigative functions and litigation support services to understand the depth and width of the financial scams happening in any economy. This research paper discusses some of well-known global cases of financial fraudulent practices like Worldcom, Krispy Kreme and Enron.  The research is based on secondary data collected from published journals, periodicals and books.