The Services of Forensic Accounting in the Detection and Prevention of Fraud: The Behavioral Intentions

Abstract

Abstract

This paper aims to study the motives underlying the adoption of forensic accounting services as a means of identifying and deterring fraudulent activities. The paper employs the ordinary least square regression (OLS) approach to statistical analysis. The findings suggest that financial gain, stakeholder pressure, organizational factors, ethical climate, and financial costs all play a substantial role in determining the purpose to utilize services of forensic accounting. The study highlights the need for innovative strategies and effective measures to promote awareness, acceptance, and utilization of forensic accounting services in the ongoing battle against fraudulent activities.

Keywords: Forensic Accounting, Detection and Prevention of Frauds, Behavioral Intentions