CA, CS, CMA : This article explains how forensic accounting has exposed major corporate frauds that escaped traditional audits. The key takeaway...
Goods and Services Tax : The Court ruled that large gaps between GST returns and ITR figures cannot justify Section 74 demands without forensic verificatio...
CA, CS, CMA : This explains how internal audit focuses on ongoing risk prevention while forensic accounting investigates suspected fraud. The ke...
Corporate Law : Delayed forensic audits in insolvency cases reduce resolution value, discourage bidders, and increase liquidation risk, highlighti...
Corporate Law : Explore the methods forensic auditors use to detect financial fraud, from red flags to data analytics, and their critical role i...
CA, CS, CMA : ICAI seeks public comments by July 31, 2025, on proposed amendments to Regulation 204, introducing "Forensic Investigation" into C...
CA, CS, CMA : Guidance Note For Forensic Accounting And Investigation Standard No. 000 On Over Arching Documents provides technical clarificatio...
CA, CS, CMA : The Forensic Accounting and Investigation Standard (FAIS) 420 on Evidence Gathering in Digital Domain provides guidance to the Pro...
CA, CS, CMA : Data Analytics (DA) being a dynamics area of practise, a lot rapid developments are underway, especially in the tools and solution...
CA, CS, CMA : The Professional is generally engaged during the legal proceeding or may be called upon by the Competent Authorities to testify on...
Income Tax : NCLT Indore directed appointment of a forensic auditor to conduct audit on irregularities related to assets of corporate debtor in...
CA, CS, CMA : SEBI's order appointing GTB as a forensic auditor challenged. High Court quashes decision due to bias concerns, orders new auditor...
SEBI : SEBI clarifies its forensic auditor empanelment, detailing the transparent application process, eligibility criteria, and reasons ...
Fema / RBI : DBS. CO.FrMC.BC.No. 10/23.04.001/2010-11 - Based on the findings of the scrutinies, further study has been made across banks to as...
This article explains how forensic accounting has exposed major corporate frauds that escaped traditional audits. The key takeaway is that investigative accounting is now essential for fraud detection and legal accountability.
The Court ruled that large gaps between GST returns and ITR figures cannot justify Section 74 demands without forensic verification. Actual supplies must be established through audit.
This explains how internal audit focuses on ongoing risk prevention while forensic accounting investigates suspected fraud. The key takeaway is that one is proactive and advisory, while the other is reactive and evidence-driven.
Delayed forensic audits in insolvency cases reduce resolution value, discourage bidders, and increase liquidation risk, highlighting the need for timely, compliant investigations.
Explore the methods forensic auditors use to detect financial fraud, from red flags to data analytics, and their critical role in protecting investors and companies.
Overview of ICAI’s FAIS 300 Series standards for planning, evidence handling, analysis, and documentation in forensic accounting investigations.
Forensic audits detect financial crime and fraud, crucial given rising digital fraud. Company Secretaries, with their legal and investigative skills, are suited to perform these specialized audits, ensuring compliance and aiding legal proceedings.
ICAI seeks public comments by July 31, 2025, on proposed amendments to Regulation 204, introducing “Forensic Investigation” into Chartered Accountants Regulations.
SEBI clarifies its forensic auditor empanelment, detailing the transparent application process, eligibility criteria, and reasons for panel size changes.
Role of Forensic Accounting in Fraud Prevention Forensic accountants play a crucial role in investigating financial crimes by applying specialized skills to detect, analyze, and prevent fraudulent activities. Their work encompasses a range of techniques and methodologies that are essential for maintaining financial integrity in various sectors. Forensic accounting is a specialized field that focuses […]
