Proceedings of The 6th International Conference on Management, Economics and Finance
Year: 2023
DOI:
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Enhancing Internal Control Effectiveness through the Joint Role of Forensic Accounting and Corporate Governance
Abdallah Bader Alzoubi
ABSTRACT:
This paper explores the joint role of forensic accounting and corporate governance in enhancing the internal control effectiveness. The paper the importance of having strong and effective internal control systems in place, and the critical role that forensic accounting and corporate governance play in ensuring that these systems are functioning effectively. This paper demonstrates the importance of incorporating key elements of internal control, such as risk assessment, control activities, communication and information systems, internal audit, and monitoring and reporting, into the overall internal control system. This paper have important implications for organizations of all sizes and across all sectors, and can be used to inform policy-makers and regulators in their efforts to promote strong and effective internal control systems. This paper underscores the importance of investing in effective internal control systems, and highlights the key role that forensic accounting and corporate governance play in enhancing the effectiveness of these systems.
keywords: Internal Control, Forensic Accounting, and Corporate Governance