Bangladesh Bank Training Academy Journal

Abstract

The purpose of this study is to find out whether forensic accounting can be implemented in the present circumstances of Bangladesh for detecting and preventing fraud. This research has taken samples of 300 people including chartered accountants, students of accounting, and teachers of accounting. This study has used regression, correlation, descriptive statistics, collinearity and heteroskedasticity analysis . This research has found out the usefulness and enough scope of implementation of forensic accounting in the present circumstances of Bangladesh. Also, the findings suggest that the shareholders of the companies will be benefited if the implementation of forensic accounting takes place. This paper is one of the very few studies in the context of Bangladesh which has examined the scope of implementation of forensic accounting to prevent and detect fraud. The result of this paper can be beneficial to the corporations for maximization their wealth.