Iranian Accountants Conception of the Prevention Methods of Fraud and Offering Some Recommendations to Reduce Fraud in Iran
Morteza Ramazani, Hossien Rafiei Atani · SSRN Electronic Journal · 2010
The purpose of this study is to examine the extent to which accountants, internal auditors, and certified fraud examiners use fraud prevention and detection methods, and their perceptions regarding the effectiveness of these methods in Iranian companies. Research method has been survey was administered to 178 accountants, internal auditors and certified fraud examiners. Findings of this research results indicate that firewalls, virus and password protection, and internal control review and improvement are quite commonly used to combat fraud. However, discovery sampling, data mining, forensic accountants, and digital analysis software are not often used, despite receiving high ratings of effectiveness. In particular, organizational use of forensic accountants and digital analysis were the least often used of any anti-fraud method but had the highest mean effectiveness ratings. The lack of use of these highly effective methods may be driven by lack of firm resources.