Authors : Md. Abu Ayub Ansari

Volume/Issue : Volume 10 - 2025, Issue 2 - February

Google Scholar : https://tinyurl.com/5hetau2c

Scribd : https://tinyurl.com/y8538dvm

DOI : https://doi.org/10.5281/zenodo.14949840

Abstract : The internal audit function and forensic accounting practices play pivotal roles in enhancing organizational governance, ensuring financial transparency, and combating fraud. Internal auditing focuses on assessing risk management, control processes, and compliance with established policies to safeguard organizational assets and optimize performance. Meanwhile, forensic accounting emphasizes detecting, investigating, and preventing financial irregularities through specialized accounting and investigative techniques. This paper explores the synergy between these two disciplines, highlighting how internal audits establish robust systems that reduce vulnerabilities, while forensic accounting addresses complex fraud cases with precision. Together, these functions contribute to a holistic framework for ensuring integrity, accountability, and operational efficiency in organizations.

Keywords : Internal Audit, Forensic Accounting, Financial Transparency, Risk Management, Control Processes, Compliance, Accountability, Operational Efficiency.

References :

1. Bangladesh Bank's Internal Audit Process: bb.org.bd
2. Scheme on Internal Audit: spfms.portal.gov.bd
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9. "Forensic Accounting and Fraud Investigation": This paper delves into the application of forensic accounting principles in legal contexts, particularly concerning fraud investigation. icmab.org.bd
10. "An Empirical Study in Bangladesh Forensic Accounting": This study evaluates the role of forensic accounting in deterring fraud in Bangladesh and recommends steps to develop its practice. scribd.com