Practical Implication of Forensic Accounting, Insight from Academicians and Practitioners: A Qualitative Perspective

Abstract

The primary goal of this research is to assess the importance and value of forensic accounting in Pakistan's present accounting curricula. It describes the many theoretical and professional implications of forensic accounting, along with their distinctions. This study employs a qualitative research methodology, utilizing 12 semi-structured interviews with academicians and practitioners to further examine and delve into the subject matter. The fundamental procedures for analyzing qualitative data include coding, transcribing the information, grouping the code into more general categories and themes, and interpreting the outcomes. NVIVO software is employed for data transcription. To examine if forensic accounting is required and important, the study identifies 12 semi-structured interviews for academics and practitioners. Future research directions are explored along with the study's limitations and policy implications. Such research has not been carried out in Pakistan in recent years. This study, which investigates forensic accounting in detail, is significant for Pakistani professionals.