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The Role of Forensic Accountants in Fraud and Corruption Cases and Its Impact on Business Development: The Case of Saudi Arabia

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  • Alhumoudi Hamad

    (College of Administrative and Financial Sciences, Saudi Electronic University, Saudi Arabia)

  • Alhumoudi Abdullah

    (College of Administrative and Financial Sciences, Saudi Electronic University, Saudi Arabia)

Abstract

The purpose of this study is to investigate the role of forensic accountants in different fraud and corruption cases and its impact on business development. Drawing on the Fraud Triangle Theory by Cressey (1953) and the theoretical concept of capability by Wolfe and Harmanson (2004) this study focuses on the significance of ‘opportunity’, ‘pressure’, ‘rationalization’ and ‘capability’ for forensic accountants in addressing fraud and corruption issues and evaluates the influence of their findings on business development. The study relied on a mixed method design to conduct the research.

Suggested Citation

  • Alhumoudi Hamad & Alhumoudi Abdullah, 2023. "The Role of Forensic Accountants in Fraud and Corruption Cases and Its Impact on Business Development: The Case of Saudi Arabia," Journal of Forensic Accounting Profession, Sciendo, vol. 3(2), pages 13-36, December.
    • Handle: RePEc:vrs:jfaccp:v:3:y:2023:i:2:p:13-36:n:5
    DOI: 10.2478/jfap-2023-0007
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    References listed on IDEAS

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    2. repec:eme:ijlma0:ijlma-06-2021-0154 is not listed on IDEAS
    3. Peter Tickner & Mark Button, 2021. "Deconstructing the origins of Cressey’s Fraud Triangle," Journal of Financial Crime, Emerald Group Publishing Limited, vol. 28(3), pages 722-731, June.
    4. Rabi’u Abdullahi & Noorhayati Mansor, 2015. "Fraud Triangle Theory and Fraud Diamond Theory. Understanding the Convergent and Divergent For Future Research," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 5(4), pages 38-45, October.
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