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Article: Forensic accounting to prevent white-collar frauds: ICAI.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 25, 2008
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Forensic accounting to prevent white-collar frauds: ICAI
New Delhi, Dec 25 (PTI) With corporate accounting frauds on the rise, the ICAI has decided to promote forensic accounting to equip chartered accountants with adequate tools to detect white-collar crimes and identify malpractices like money laundering and routing terrorist funds.
Pointing out that it is difficult to detect sophisticated frauds through traditional accounting methods, Institute of Chartered Accountants of India (ICAI) President Ved Jain said, "Forensic accounting will help professionals to deal with this new problem in the corporate world." The emphasis of the ICAI on forensic ...