Introduction

 Origin from Kautilya’s Arthashastra the famous book of

India the first time kautilya explain methods related to
Fraud in this famous book. He gave 40 methods in
connection with Fraud.
 As fraud an misappropriation increasing Day-by-day so
need arrives of special type of study related to Fraud.
 Forensic

 Related to or denoting the application of science methods

and techniques to the investigation of crime.
 Scientific test or techniques used in connection with the
detection of crime.
 Who commit Fraud? How and why?
Steps in Forensic Accounting

 Meetings the client

 Performing a conflict check
 Carrying out Preliminary investigation
 Developing action and plan
 Obtaining Relevant Evidence
 Perform Analysis
 Prepare Report
 Chart & Graphics .
 Functions of Forensic Accounting
 Investigation of Financial Evidences.
 Developing computerized application to assist in analysis.
 Detection of Fraud.
 Litigation or legal support.
 Solve share holders & partnership dispute.
 Criminal Investigation.
Forensic Accountant

 Whose primary job is to investigate the book of account

and other Financial and non Financial documents to
facilitate resolution of legal dispute.
 Also known as Investigation Officer or Forensic Auditor.
Hired By

 Police Force
 Lawyers
 Insurance Companies
 Government Regulatory Bodies
 Banks
 Courts
 Big Enterprises E.t.c.