Forensic Accounting and Fraud Examination: Evidence from Bangladesh

This study evaluates the awareness and practice of forensic accounting and fraud examination, the responses of different types of professions, students concerning forensic accounting and fraud examination in Bangladesh. An online survey was conducted to collect the responses and the responses were analyzed by chi-square tests through Microsoft Excel 2010. The results reveal that there is no significant relationship between the awareness of forensic accounting and people, 1 out of 7 questions are significant relative to the practice of forensic accounting with gender, and 3 out of 7 questions are significant to the different types of professions. This study shows the current status and practice of forensic accounting and recommends steps to combat corruption and financial crimes. But this research lacks an error-free selection of samples having 12 from top accounting and auditing firms, 5 from multinational companies, 11 from local organizations, and 24 from students of the top four universities of Bangladesh. This study evaluates the emergence introduction and practice of forensic accounting as a separate body in Bangladesh and international perspective as well.