FORENSIC FORESIGHT -CASE-BASED PERSPECTIVE ON FORENSIC ACCOUNTING STANDARDS BY TAXMANN PUBLICATION
Description
This book is a practical handbook for understanding and applying the Forensic Accounting and Investigation Standards (FAIS) issued by the Institute of Chartered Accountants of India (ICAI). The book serves as detailed guidance for professionals investigating the financial crime landscape. Prioritising practical examples over theoretical discourse extends the ICAI's comprehensive resources. It is designed as a practice guide, providing insights and tools for immediate application in professional settings.
This book is helpful for forensic accounting professionals, fraud examiners, chartered accountants and ICAI members seeking to enhance their expertise, auditors and investigators seeking comprehensive knowledge, students and academics needing a blend of theory and practice, and legal professionals handling financial fraud cases. The book highlights a detailed step-by-step process of investigating financial crime. It is also beneficial for regulatory authorities and law enforcement officers overseeing financial crime investigations, as well as corporate executives and managers aiming to implement effective forensic accounting practices to detect and prevent fraud in their organisations.
The Present Publication is the Latest Edition, authored by Dr (CA) Durgesh Pandey, with the following noteworthy features:
- [In-depth Conceptual Understanding] Each FAI Standard is thoroughly explained to ensure a comprehensive understanding of fundamental concepts
- [Real-world Application] The book features a master case encompassing all 20 FAIS, presenting a cohesive narrative to demonstrate their practical application
- [70+ Caselets and 20+ Case Studies] Each standard is illustrated with several caselets and a case study, providing real-world examples and insights of application
- [15+ Actionable Tools] The book includes over 15 actionable tool templates for immediate use in professional settings
- [Global Comparisons] Comparative analysis of FAIS with international forensic accounting standards to give a broader context of the financial crime landscape
- [Visual Aids] Graphs, tables, and charts are utilised to clarify complex concepts and enhance understanding
- [Practical Advice] Includes do's and don'ts for forensic accounting professionals to improve practical application
- [Mnemonics] Easy-to-remember mnemonics for each standard aid in retention and application
The structure of the book is as follows:
- Overview and Evolution
- Overview of Forensic Accounting – Definitions, scope, and the significance of forensic accounting in the contemporary landscape
- Forensic Accounting Standards
