Autor: Snezana MOJSOSKA, Nikola DUJOVSKI

Publicat în: Journal Of Eastern European Criminal Law no. 2/2015

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Abstract: Some of the recent events of crime such as Enron, WorldCom, Parmalat, and Xerox, drew some new questions related to the trustworthiness of the financial reports and financial results of the companies. Financial frauds committed in smaller companies, as it was shown in the research conducted by the Association of Certified Researchers of Crime, are of a different type, such as false payments, false invoices, forgery of cheques, etc. According to the Report to the Nations on Occupational Fraud and Abuse from 2014, the participants’ estimation of typical organization loses is 5% of the revenues each year to fraud. If applied to the 2013 estimated Gross World Product, this is translated to a potential projected global fraud loss of nearly $3.7 trillion. The median loss caused by the frauds in study was $145,000. Additionally, 22% of the cases involved losses of at least $1 million. The purpose of this paper is to recognize this new direction through its defining, its recognizing in Europe and the USA, as well as to comparatively present its recognizing in the countries of south­eastern Europe. The Republic of Macedonia still does not recognize the branch of forensic accounting and forensic audit even though it has become a need. The need of recognizing these two sciences or sub branches of accounting and audit, as well as the establishment of an international body which will unite and train the experts, will come as a conclusion to this paper.

Keywords: accounting; auditing; forensic accounting; forensic audit; fraud.