FORENSIC AUDITING, AS A LEGAL INSTRUMENT FOR THE CONTROL OF CORPORATE FRAUD

Abstract

The purpose of this investigation is to consider the forensic audit as an instrument to discover and evidence the fraud committed in the institutions, analyzing aspects of the different departments such as: the financial, the accounting, the management of the resources, the legality of the operations, the veracity of the supports, among others. In many cases, the ignorance of effective techniques, the inadequate action before the courts, make the frauds not to be detected with clarity and certainty, nor judged in the correct way, so the auditor’s role is to prevent and determine aspects of fraud control, with the joint participation of all levels of management. At the same time, the administration is responsible for the application of control procedures to minimize fraud, which is difficult to detect due to false documentation made by senior managers to commit illegal acts for their own or third parties’ benefit. Based on the foregoing for the analysis of corporate fraud control, the theoretical method was applied to analyze, relevant facts and phenomena during the investigation process and finally conclusions are drawn up that seek to apply procedures that allow obtaining evidence that supports the judiciary in the face of fraudulent acts.