Present New Developments in Forensic Accounting Research

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Locate five (5) articles from scholarly peer-reviewed accounting journals that address recent or upcoming changes in forensic accounting standards and practices applicable to practicing accountants. No article can be more than three (3) years old. In selecting articles, try to find sources that are relevant to the areas of accounting you are most interested in. Analyze and critique each of these articles with an eye toward the advantages and disadvantages of the upcoming changes.

The science of forensic accounting has undergone a transformation with the onslaught of the internet and online transactions, which has necessitated the focus by forensic accountants on technological advances when dealing with fraud and fraud prevention as well as fraud detection. Forensic accounting within the 21st century is an investigative paradigm that hinges upon the forensic accountant's capability to incorporate their skills and experience into revised accounting standards that must now ascribe to international standards along with those established by countries such as the United States. The technological environment that dominates business also requires forensic accountants to engage in new practices such as being able to develop income forecasts, which are used by forensic accountants to identify digital information that has been manipulated by the criminals and fraudsters to establish a better perspective of the ability for fraud to occur through cyberattacks and other 21st century fraud techniques that are uniquely designed to detect fraud that occurs as a result of computer fraud.

Fraud prevention in the 21st century will need to focus on digital metadata wherein forensic accountants will be required to possess the necessary computer skills to analyze complex accounting spreadsheets and other computer accounting software that will be used by companies with the focus on ...