Accounting and Corporate Deception: A Global and Indian Perspective on ‎Forensic Accounting Interventions

  • Authors

    • Dr. Barkha Rani Assistant Professor, Department of ABST, University of Rajasthan, Jaipur, India
    • Suman Das Assistant Professor, Department of Geography, Kirori Mal College, University of Delhi, New Delhi, India
    • Dr. Saurabh Rana Assistant Professor Senior Scale, Faculty of Law, University of Delhi, New Delhi, India
    • Dr. Narender Kumar Bishnoi Assistant Professor Senior Scale, Faculty of Law, University of Delhi, New Delhi, India
    • Mahaveer Prasad Research Scholar, Department of ABST, University of Rajasthan, Jaipur, India
    https://doi.org/10.14419/3q97j527

    Received date: October 1, 2025

    Accepted date: November 19, 2025

    Published date: December 8, 2025

  • Forensic Accounting; Frauds; India

  • Abstract

    Over the past decade, financial fraud has transformed from isolated misconduct to intricate, cross-border networks exploiting systemic weaknesses in governance, technology, and regulation. ‎Traditional audit and compliance solutions, which are reactive and compartmentalized, are falling ‎behind the adaptive and scalable nature of fraud. It is challenging to discern between deliberate ‎fraud and legitimate transactions due to sophisticated tactics like smart contract attacks and ‎synthetic identities. As a front-line defence, forensic accounting necessitates a proactive, ‎intelligence-driven strategy that combines knowledge of finance, cyber, regulations, and risk. ‎Despite legislative improvements, India's system is reactive rather than preventive due to large ‎gaps in enforcement, coordination, and specialized capability. Closing this gap requires ‎incorporating forensic methods into corporate governance and encouraging shareholder ‎participation. Advanced technologies like blockchain traceability and real-time surveillance are ‎essential to this evolution. The future of fraud prevention depends on institutions' capacity to ‎promptly identify and eradicate emerging risks. Forensic accounting must evolve into a core pillar ‎of financial oversight to safeguard systemic integrity in an era of engineered deception‎.

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    Rani , D. B. ., Das , S. ., Rana , D. S. ., Bishnoi , D. N. K. ., & Prasad , M. . (2025). Accounting and Corporate Deception: A Global and Indian Perspective on ‎Forensic Accounting Interventions. International Journal of Accounting and Economics Studies, 12(8), 219-231. https://doi.org/10.14419/3q97j527