Research Proposal on Forensic Accounting for Organizations

Question: Discuss about theResearch Proposal on Forensic Accounting for Organizations. Answer: Forensic accounting within organization sector remains to be the specialty practice area that deals with accounting that aims at describing engagements that always result from actual or litigation, or disputes anticipated during operations of different organizations or individuals. Therefore, forensic accounting may not be the new idea or field in the sector that deals with accounting (Huber, 2015). However, it as becomes vital in present times as it has been the interest of several stakeholders, from the investors, authorities, as well as practitioners to regulatory organizations. Forensic accounting has been viewed by many managers and accountants to have the significant impact on detection of fraud in various organizations that operate around marketplaces. Companies have the growing demand for forensic accounting to support their efficient operations. Research Background The primary focus of this investigative paperwork is to highlight issues that relate to forensic accounting that for the extended period have received little or no attention in the accounting sector. The research aim at examining forensic accounting survey that has not been published in different accounting journals by discovering ideal investigative approaches that are commonly used and identifying survey methods that have been in use (Journal of Forensic Accounting Research, 2016). Besides, several investigations have produced about forensic accounting over the past decades on various issues by utilizing multiple techniques of the survey. However, the necessary inquiry remained to be undressed such as factors that deal with the illustration of the purpose of research in forensic accounting (Huber, 2015). Therefore, this research aims to define social the context in which forensic accounting is situated clearly. For instance, in public sectors, the increment in cases of frauds, laun dering of money, cases of corruption, unethical acts along with other wrongdoings remain to be the significant factors that support the needs of skills on forensic accounting within the public sector working sector. The skills stay to be the essential factor in operations of accountants in public sector. Objectives of Research The principal target of this investigation is to investigate impact of forensic accounting on discovery of fraud. Other precise aims of this study comprise of; To investigate the manner in which forensic accounting influence detection of fraud among organizations To examine if forensic accounting does not curb activities that relate to fraud in operations of organizations Research Question The study is expected to answer several questions. Some of the essential items for this survey include; To what extent do forensic accounting effect detection of fraud? To what extent do forensic accounting curb cases of fraudulent activity in an organization? What are the personal together with interpersonal skills necessary for the forensic accountants in operations of organizations? Underlying research problem The different researcher has stated that forensic accounting remained to be recognizable as an idea of containing particular form of skilled expertise having attributes that are identical and are neutral and modernized. Besides, forensic accounting have the specific social recognition, and observation that remains to be vital to transformation of different financial concerns to typical display of belief (Journal of Forensic Accounting Research, 2016). Forensic accounting is responsible for the provision of mediation that exists within political together with economic logic. It forms the venue that the cultural negotiations of legal along with claims of economies are accomplished. The past decades have seen many companies experience cases of a tsunami or blizzard in the number of scandals among their employees, fraudulent case, and failures in attaining set objectives (Huber, 2015). These events contributed to the occurrence of Great Recession that significantly affected the efficient operations of free marketplace capitalism. Some of these adverse effects in t operations were facilitaeted by accountants in different organizations.The cases that arise because of improper forensic accounting to add to the possible solution to the economy dangers and it have stimulated development in stipulation for forensic accountanting. Keywords for Literature Review According to Journal of Forensic Accounting Research (2016), forensic accounting remains to be a place in the present economy. From the past few decades, forensic accounting has been able to prove its worth in improving operations of organizations. However, in most places, there have been no formal procedures in place until the early days of the 1980s when major academic surveys in the filed came to publication. Therefore, forensic accounting has stayed to be the area of expertise of the career of accounting that portray actions resulting from real or probable cases of clashes or legal actions. Most people recognize forensic accounting to be the specific form, of expertise by professionals and it is endowed particular with tributes. Recognition of forensic accounting originates from possessing the formal certification that provides symbolic understanding. Forensic accounting Conti use as the science that deals with the application of different facts and concepts of accounting gathered through methods of auditing, techniques along with procedures to resolve legal issues that need effective integration of investigative, auditing, and skills of accounting. Huber (2015) indicates that forensic accounting refers to the science that deals with the collection as well as the presentation of facts in the kind that remains customary by the jurisprudence court alongside economic offenses perpetrators. Therefore, forensic accounting continues to form a disciple that comprise of its model and methodologies used investigate procedures that look for assurance, attestation, along with advisory perspective to develop legal evidence. Data Collection Plan The objective of the research is to examine how forensic accounting affects fraud detections. Data collection plan will involve the process of making the decision on the correct number of samples to be applicable in the study and organizing the ideal method of collecting data, Therefore, descriptive research in nature it will be by concentrating on establishing the relationship between forensic accounting along with fraud detection. Illustrative plan of data collection will help in solving queries that concern the present status of the objects under review. Collection of data will employ survey techniques that include direct or indirect contact made with subjects of investigation by use of well-designed devices such as questionnaire, focused groups discussions, and structured interviews. Qualitative research plays a vital role in this investigation. The plan of qualitative methods of analysis will facilitate the surveyors to analyze the behavior and assess of respondents (Journal of Forensic Accounting Research, 2016). The technique used comprises of the research plan used, sampling skills, a collection of data, the size of sampling, used instruments for examining procedures, quality control, examination of data collected, and moral issues during the survey Ethical Consideration Ethics in this investigation remains to be the different sets of regulations that will be written and some unwritten to govern the expectations of people and respondents behavior during the survey. It remains to be the vital part of the investigation as it shows do and donts in the study. There will need to respect the opinions of different respondents, and the respondents must not receive any subjection to harm during the investigation in any manner (Huber, 2015). The interviewer must attain full consent of the participant before administering questionnaires to them to fill. There will be the protection of identity and privacy of research, and this will be ensured to every participant that wishes to participate in the study. The study will provide that data obtained remained confident for the intended purpose. References Huber, W. (2015). Editorial Vol. 28 Special Issue in Forensic Accounting. Accounting Research Journal, 28(1). https://dx.doi.org/10.1108/arj-05-2015-0068 Journal of Forensic Accounting Research. (2016). Journal Of Forensic Accounting Research, 1(1), E1-E2. https://dx.doi.org/10.2308/jfar-10514