Evolution and Development of Forensic Accounting

This study examines the evolution and development of forensic accounting. Since the study uses a library approach to look at the evolution and development forensic accounting, it is qualitative in nature. The analysis of the available literature revealed that forensic accounting combines knowledge and skills obtained from law, computer science, auditing and accounting to investigate issues reported (reactive) and predicted (proactive). We discovered that forensic accounting is a pragmatic profession. Therefore, it (forensic accounting) will be one of the brightest professions of the future with the cost of fraud and corruption to governments and the private sector and with the spread of industry 4.0 applications (artificial intelligence, big data, cloud computing and block chain). The future of forensic accounting will be shaped by technological advancements, specialization, regulatory compliance, interdisciplinary collaboration, and a focus on continuous professional development