• citations in SCIndeks: [1]
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:11
  • full-text downloads in 30 days:0


article: 1 from 2  
Back back to result list
2016, vol. 19, iss. 73, pp. 53-69
Forensic audit: Necessity or choice?
aUniversity Singidunum, Belgrade, Serbia
bVisoka škola akademskih studija 'Dositej', Beograd
Wrong data shown in the financial statements are not always the result of ignorance, oversight or erroneous application of international accounting standards but also the fraud taking place in the more developed but also more complicated mode of financial operations. External audit is not an instrument of discovering a fraud nor is it the main objective of the external audit. In this context, the practice has spawned a forensic audit that the primary objective of the administration of preventing, detecting and investigating fraud. The practice shown by statistical indicators associations of forensic auditors and forensic accountants points to enormous financial damage caused by the execution of a fraud are included trillions of US dollars. This fact points to the need for the application of forensic audit which this paper analysis the theory and practice demonstrates.
*** (2013) Zakon o reviziji. Sl. glasnik RS, br. 62
ACFE (2014) Report to the nations on occupational fraud and abuse
Apostolou, N., Crumbley, D.L. (2008) Auditors' Responsibilities with Respect to Fraud: A Possible Shift?. CPA Journal, 78(2): 32-40
Buckhoff, T. (2008) Forensic Audit vs. Financial Statement Audits. Atlanta, USA: Georgia Society of SPAs, Current Accounts
di Gabriele, J.A., Huber, Wm. D. (2015) Topics and methods in forensic accounting research. Accounting Research Journal, 28(1): 98-114
Free, C. (2015) Looking Through the Fraud Triangle: A Review and Call for New Directions. SSRN Electronic Journal
Grujić-Kalakan, M. (2012) Forenzička revizija u funkciji otkrivanja kriminalnih radnji. Financing, 02(12): 31-38
Kingsly, M.K. (2015) The Role of Forensic Investigation Professionals in the Prevention of Fraud and Corruption in Developing Countries. SSRN Electronic Journal
Milojević, M.M. (2013) Osveženi COSO okvir za internu kontrolu. Revizor, vol. 16, br. 62, str. 15-28
Mironiuc, M., Robu, I., Robu, M. (2012) The Fraud Auditing: Empirical Study Concerning the Identification of the Financial Dimensions of Fraud. Journal of Accounting and Auditing: Research & Practice, : 1-13
Petković, A. (2011) Šta je forenzičko računovodstvo?. in: Finansijsko izveštavanje u funkciji unapređenja poslovnog ambijenta u Crnoj Gori. 20-22.2011, Bečići, Institut sertifikovanih računovođa Crne Gore, 93-107
Serdar, T., Vranješ, S. (2013) Otkrivanje i sprečavanje finansijskih prevara u cilju jačanja finansijskih performansi preduzeća u Republici Srpskoj. Acta economica, XI(19), 179-200
Silverstone, H., Sheetz, M. (2007) Forensic Accounting and Fraud Investigation for Non-Experts. Hoboken, NJ, USA: Wiley
Silverstone, H., Sheetz, M., Pedneault, S., Rudewicz, F. (2012) Forensic Accounting and Fraud Investigation for Non-Experts. Hoboken, NJ, USA: Wiley
Singleton, T.W., Singleton, A.J. (2010) Fraud Auditing and Forensic Accounting. Hoboken, NJ, USA: Wiley
Stanišić, M. (2008) Revizija. Beograd: Univerzitet Singidunum
Stevenson, S., Crambley, S. (2009) Defining a Forensic Audit. Journal at Digital Forensic, Security and Law, 4(1): 61-79
Tušek, B., Klikovac, A. (2013) Analiza mogućih modela forenzičke revizije u Republici Hrvatskoj. Ekonomski pregled, 64(2): 101-122
Vukadinović, P., Mizdraković, V., Knežević, G. (2015) The Characteristics of Forensic Audit and Differences in Relation to External Audit. in: Proceedings of the 1st International Scientific Conference - FINIZ 2015, Belgrade, Serbia: Singidunum University, str. 202-205
Vukelić, G. (2014) Prevare i forenzika. in: Konferencija o bezbednosti informacija BISEC 2014, 18.6.2014, Beograd, Univerzitet Metropolitan, 47-53


article language: Serbian
document type: Review Paper
published in SCIndeks: 09/11/2018

Related records

No related records