Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


Financial Corruption and Futuristic Aspirations in the Preventive Measures Taken by Regulatory Bodies

Author(s): Mohammed Nadem Dabaghia

The objective of this research is to discuss the ramifications of financial corruption and the vital role of regulatory bodies in preventing the financial fraud from expanding. The study emphasizes on utilizing forensic accounting as a weapon in the battle against financial corruption. It also discusses some of the most well-know terms of related matters, the significant role of financial investigation and using forensic accounting in order to protect individuals and firms, while shedding the light on the consequences of being a part of such a disgraceful act. After explaining all the positive effects of utilizing forensic accounting, the drawbacks were discussed from the corporate perspective, and the employees viewpoint. Aspirations were discussed considering the technological evolution we have been living for the last few decades, and the expected role of artificial intelligence in enhancing and enriching the investigation process and favoring the odds of winning the battle against financial crimes.

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