Question

OBJECTIVES:

1. Define abusive conduct in the workplace.

2. Understand the concept of fraud deterrence.

3. Define and understand the various applications of forensic accounting.

Answer 1

(1). Abusive Conduct in the workplace;

Absubive conduct in the workplace refers to hostile, offensive and illegal behaviour of an employee and employer. As we know that some time behaviour of the employer and behaviour of an employee may negatively affect other employees. Thus we can say that abusive conduct does not only include verbal abusive but also physical abusive too. So uses of cheap language, unprofessional behavious and hurt physically are come under abusive conduct.

(2). Fraud Deterrence;

Normally we see that there are several types of business activities which lead to fraud in the business environment. In other words we can say that fraud may occur due to illegal & unethical behaviour of the employees.

Fraud deterrence is known as the proactive identification and removal of the causal and elements of fraud. Fraud deterrence helps in recovering from such conditions or helps in preventing future occurrence of frauds in the business. In other words we can say that use of some techniques & tools which are very helpful in mitigating effects of frauds.

(3).

Forensic accounting is a modern tool in accounting. In other words we can say that forensic accounting is a predetermined process of investigating & preventing business frauds. It includes those skills & techniques which helps in investigating frauds or embezzlement.

Following are the applications of forensic accounting;

1. Litigation support

2. Investigative and assisting in the disputes

3. Frauds detection

4. Computer forensic

5. Forensic Investigation etc.