In the context of financial security, forensic accounting and corporate investigations play a key role in detecting and preventing irregularities, improving internal controls, and strengthening investor and stakeholder confidence. The application of forensic accounting involves a detailed analysis of financial statements and business transactions, while corporate investigations encompass broader processes that include legal, operational, and organizational aspects of business operations. This paper aims to present a methodological approach to detecting indicators of fraudulent activities through a case study and to highlight the appropriate internal controls that prevent their recurrence in the future. The paper provides a detailed examination of business transactions in privately owned enterprises that benefit management and owners while simultaneously jeopardizing the operations of their suppliers and creditors.
Milojević et al. (Wed,) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: