Forensic Accounting: Competencies and Importance of Forensic Accounting Profession and Position In Turkey

Abstract

Nowadays, enterprises are increasing because of needs of the people and providing the opportunity to provide services at global level with the developing information and communication technologies causes the increase in the commercial activity volume. However, the positive aspects of these increases and developments have some negative consequences. The fact that enterprises do not reflect the real results of their activities and changing numbers of their actual operating result and increasing the economic costs of fraud and corruption can be given as examples of these negativities. These reasons have increased the need for the forensic accountancy profession to perform the transactions requiring special research competence and expertise. Forensic accountants are experts who are trained, experienced and combined with the accounting and law necessary for the solution of commercial and economic disputes. For financial matters, forensic accountants are consulted for the lack of information and disputes experienced by judges in making decisions. For these purposes, the mission undertaken by the members of the profession aiming to reach objective views with their skeptical and researcher identities is very important. In this study, firstly, the concept of forensic accountancy will be examined and then the scope, features, fields of work of forensic accounting profession will be explained. Finally, trying to explain position of the forensic accounting in Turkey.

Keywords

• forensic accounting
• forensic accountant
• expert witness