Author(s): Haitham AlShalloudi
Emerging markets are particularly vulnerable to financial fraud due to weaker regulatory frameworks, limited transparency, and evolving corporate governance structures. Forensic accounting has emerged as a vital tool for detecting and preventing fraudulent financial activities in these economies. This article explores the role of forensic accountants in uncovering financial fraud, examines common fraud schemes in emerging markets, and evaluates the challenges and opportunities in implementing forensic practices. By highlighting case studies and recent developments, this paper underscores the importance of forensic accounting in strengthening financial integrity and investor confidence in developing economies.