Analysis and Critique of Current Fraud Cases

Current Fraud Cases And Forensic Accounting Name: Institution: Abstract This article is a proposal of research on the current and ongoing fraud cases as well as the forensic accounting. There is a list of suitable methods proposed to be used in order to accomplish the research effectively. Through the survey study, the researcher intends to satisfactorily deliver the reliable results because of the access to primary data, although secondary data will also be useful. Questionnaires and interviews would be used through opportunistic sampling design, where each group of the target population will be divided according to ranks and separately. A descriptive literature review of the cases of fraud and forensic accounting is included to help in reviewing other articles relevant in the research. . Researching the Current Cases of Fraud and Forensic Accounting Introduction Fraud cases have been recorded to increase at a very high rate in the current days, and fears are that the trend is likely to continue. Numerous businesses and companies as well as individuals are falling victims to various kinds of frauds, which affects their status in a great way. Fraud can be termed as any activity that a company or individual may take in an illegal or dishonest manner designed to offer a benefit to the perpetrating company or individual (Nguyen, 2010). The schemes of corporate fraud are beyond of range employee’s stated position, which are marked by the complexity as well as economic impact on the companies, other employees and external parties. Therefore, there is an increased need to make a research proposal on the current cases of fraud and forensic accounting. This information would be very relevant to the Financial Fraud Program since it would detect and prevent the increasing cases of fraud, after learning the expertise used by the fraudsters. The proposal of conducting this research contains a literature review, which is significant in reviewing other studies concerning the causes of current fraud and the effects of forensic accounting on it. This would draw a development point for personal research and possible solutions for the same. The research will be effectively be conducted through a prepared work plan, where survey is selected as the most suited for research, accompanied by appropriate tools and methods of data collection, sampling design and target population. Statement of problem Many businesses and individuals continue to fall victim of fraud and this contains a negative result to both the primary victims as well as the economy of the region. Regardless of the continuous rise of crime and endless investigations, no records have been entrusted for a possible solution to this unlawful problem. Thus, various kinds of fraud such as the white-collar crime and corporate fraud have deprived businesspersons and companies some peace of mind since they may not been in a position to identify the genuine persons or companies fr...