Forensic accounting profession and a survey about it s applicability in Turkey

Abstract

Parallel to the intense competitive environment and advanced technology, the audit profession becomes the process of institutionalization and specialization against fraud and corruption which gradually becomes complicated and new professions start to occur. One of them is forensic accounting. Forensic accounting functions as a bridge between law and accounting sciences, and it plays an active role in determination, prevention and deterrence of fraud and corruption mostly experienced in corporate and in the legal process initiated against fraud and corruption.In line with importance of forensic accounting, we have made descriptions for forensic accounting at first, and have studied scope and development of forensic accounting. Then we have analyzed and assessed thepresent situation of forensic accounting in Turkey, with SPSS 17.0 and 18.0 pack programs with point of view of the independent auditing firms in capital market. At the end of analysis, we have determined that present audit system, infrastructure required for forensic accounting and education system is insufficient and we have assessed activities required to do for development of profession.