FORENSIC AUDIT VERSUS TRADITIONAL EXTERNAL AUDIT
DOI:
https://doi.org/10.7251/ZREFIS1408281GKeywords:
forensic audit, external audit, differences, goals, modelsAbstract
The profession of forensic auditors has begun to expand in recent years, alongside the profession of external auditors. This paper explains the concept of forensic audit, based on the comparison of definitions by different authors. The definition of forensic audit is related to fraud, fraud prevention and investigation of fraud. Forensic versus traditional auditing are compared and contrasted. It describes the goals, objectives and purpose of the forensic audit. Finally, this paper analyzed several different models of implementing forensic audit for public interest entities, and the perspectives of implementing forensic audit in our audit practice.References
Asian Organization of Supreme Audit Institutions – ASOSAI. http:// http://www.asosai.org/journal2004_october/articles_5.htm.
Bologna, G. Jack, Robert J. Lindquist. 1996. Fraud Auditing and Forensic Accounting. Labor-Management Reporting and Disclosure Act, the Welafare-Pension Fund Act, Employee Retirement;
Buckhoff, Thomas. 2008. Forensic Audit vs. Financial Statement Audits. Current Accounts w September/October. http://www.gscpa.org/Content/Files/Pdfs/Current%20Accounts/SeptOct08CA.pdf.
Di Piazza, A. Samuel, Mike D. Rake, David McDonnell, Frans Samyn, William G. Parret and James S. Turley. 2006. "Global Capital Markets and the Global Economy: A Vision From the CEOs of the International Audit Networks". Paris Global Public Policy Symposium, 7–8 November. http://www.cybsoc.org/CEO_Vision.pdf
Gray, Dahli. 2008. Forensic Accounting And Auditing: Compared And Contrasted To Traditional Accounting And Auditing. American Journal of Business Education – Fourth Quarter.
Institute of forensic auditors – IFA. 2013. https://www.forensicaudit.be/en/presentation/introduction-9.html
Koletnik, Franc. 2007. Forenzičko računovodstvo. Maribor: Savez računovodstvenih i revizorskih delatnika Slovenije.
Petković, Aleksandar. 2010. Forenzička revizija – Kriminalne radnje u finansijskim izvještajima. Bečej: Proleter.
Public Oversight Board. 2000. Panel on Audit Effectiveness, Report and Recommendations. Dostupno na: http://www.pobauditpanel.org/.
Rezaee, Zabihollah. 2002. Financial Statement Fraud: Prevention and Detection. New York: Wiley.
Singleton W. Tommie, Aaron A. Singleton, Jack G. Bologna and Robert J. Lindquist. 2006. Fraud Auditing and Forensic Accounting, 3rd Edition. Hoboken: Wiley
Službeni glasnik Republike Srpske 2011. Zakon o računovodstvu i reviziji. Brojevi 36/09, 52/11.
Šefers, Mark i Majkl Pakaluk. 2009. Razumevanje računovodstvene tehnike. Beograd: Službeni glasnik.
Tušek, Boris i Ana Klikovac. 2013. "Analiza mogućih modela forenzične revizije u Republici Hrvatskoj." Ekonomski pregled, 64 (2) 101–122.
Downloads
Published
Issue
Section
License
Copyright (c) 2014 Zbornik radova Ekonomskog fakulteta u Istočnom Sarajevu
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
