Study of Impact of Demographic Variables on Forensic Accounting for Accountability and Fraud Investigation

Author:Abhishek K. Gandhi1*, Manisha M. Barad2

Abstract:
The topic of Forensic Accounting has not been amongst the favourites from the research perspective. However, there are several aspects related to Forensic Accounting, on which research can be conducted such as the Existing Level of Knowledge, Attitude of the Professionals towards Forensic Accounting, Factors which affect the effective implementation of Forensic Accounting, Procedures actually undertaken by the organizations for Fraud Identification & Detection, Policies and Strategies framed for the purposed of Fraud Detection and Prevention. Keeping in view all the aforementioned Factors, this research paper has specifically taken into consideration demographic factors like Gender, Age Group and Work Experience in specific and it’s impact on specific selected scale variable of Forensic Accounting towards Fraud Investigation like Attitude, Benefits, Limitations, Factors affecting the Implementation and Stated Procedural implementation. The research has been carried out by use of Statistical Techniques such as Chi-Square Test, Mann Whitney U Test and Kruskal Wallis Test based on the type of data set involved i.e, Uni-Variate, Bi-Variate and Multi-Variate. After the data generated was analysed and interpreted, the findings are that Gender has no influence, but Age Group category and Experience Group Category certainly has an influence on the specific variables towards Forensic Accounting. Hence, it can be concluded that Forensic Accounting’s implementation is well appreciated by Male and Female equally. Also, Organizations should not only appoint the young and enthusiastic professionals who have a different outlook, but should also retain the experienced professionals for seeking the benefits of knowledge gained over a period of time.

Keywords:Key Words: Forensic Accounting, Demographic, Gender, Age Group, Experience.

DOI:10.46333/ijtc/9/2/16

International Journal of Trade & Commerce (Vol: 9 Issue:2)