VALUE OF FORENSIC ACCOUNTING IN THE VIEW OF CERTIFIED PUBLIC ACCOUNTANT REPORTING TO FEDERATION OF ACCOUNTING PROFESSIONS

Abstract

The objectives of this research were to 1) study the value of Forensic Accounting concepts in the view of Certified Public Accountants 2) study investigations in Forensic Accounting with auditing professions and frauds within organizations, and 3) study the feasibility of Forensic Accountant professions in Thailand. This research was a quantitative research using a questionnaire that sample group was 200 Certified Public Accountants. The research found that 1. For studying the value of Forensic Accounting concepts in the view of certified public accountants, Forensic Accounting is most used for fraud auditing, followed by investigating financial irregularities. 2. For fraud investigations within organizations, auditors most used the analysis of the risks associated with financial fraud, followed by audit of an abnormal behavior, then by examine evidences through documents 3. According to a feasibility study of the Forensic Accountant profession in Thailand, it is found that most of auditors have opinion that it will take a while, followed by seeing that it has absolutely feasible for having Forensic Accountant professions in Thailand