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What is Accounting Fraud

Handbook of Research on the Significance of Forensic Accounting Techniques in Corporate Governance
A kind of fraud involves to deception or dishonesty for personal gain, or a loss creation for another in accounting work.
Published in Chapter:
Advantages and Disadvantages of Applying Forensic Accounting in the Developing Countries: The Case in Vietnam
Phi Thi Diem Hong (Vietnam National University of Agriculture, Vietnam), Do Quang Giam (Vietnam National University of Agriculture, Vietnam), and Lai Phuong Thao (Vietnam National University of Agriculture, Vietnam)
DOI: 10.4018/978-1-7998-8754-6.ch004
Abstract
Vietnam has been reforming its economy to be more market-oriented and globally integrated since 1986. Under the circumstances, the Vietnam accounting system has been developed to meet the practical needs of enterprises. Forensic accounting is a new field in Vietnam accounting, but it is emerging as a good prospect for preventing financial crime and accounting fraud. This chapter focuses on the existing conditions and demand for forensic accounting in Vietnam. It includes the technique and skill requirements of forensic accounting to provide advantages and disadvantages of applying forensic accounting in Vietnam. The chapter will also enrich the book titled Significance of Forensic Accounting Techniques in Corporate Governance by overviewing Vietnam's accounting system and helping Vietnam achieve sustainable economic growth.
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