The Use Of The Financial Investigation Method - 1695 Words

This research examines the extent of the use of the financial investigation method to advance the process of fraud investigation. To achieve this aim, an exploratory case study was utilised to allow the researcher conducting an in-depth investigation. This case study is carried out by exploring several fraud cases that significantly used financial investigation method in the process of investigation. According to Yin (2003), case study approach is the most suitable instrument for investigating an object or phenomenon, as it emphasises the historical process in understanding the object. By using this method, the researcher gained a valuable opportunity of going into a real process of fraud investigation from the perspective of investigators. However, the researcher realised that there are many things may occur in a single process of investigation. Each investigator, as a person or represent the organisation, may have a different procedure and strategy in carrying out an investigation. The different type of fraud case may also lead the investigator into different process of investigation. Therefore, one single of investigation cannot be ultimately used as a standard or benchmark. Due to the variations of fraud cases and the process of field investigation, a multiple case study was chosen to show how a financial investigation can advance the whole process of investigation. Baxter and Jack (2008) stated that a multiple case study allows a researcher to analyse within eachShow MoreRelatedForensic Accounting : A Relatively New Field1554 Words   |  7 PagesIntroduction While accounting has always been widely practiced, forensic accounting is a relatively new field. Forensic accounting is the use of accounting to extract information from financial documents to prove fraud or embezzlement in the court of law. It involves identifying, recording, and extracting financial data while using a variety of direct and indirect analysis methods. 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