Attempt ALL Questions. Most developed countries are characterized by a broad base for direct and indirect taxes with tax lability covering the vast majority of citizens and firms. Developing countries in contrast are confronted with social, political and administrative difficulties in establishing a sound public finance system. As a consequence developing and emerging countries are particularly vulnerable to tax fraud and avoidance activities of individual tax payee and corporations. Discuss. (25 marks) A forensic investigation is a very specialised and detailed type of engagement, which requires highly skilled team members who have experience not only of accounting and auditing techniques but also of the relevant legal framework. There are numerous different types of fraud that a forensic accountant could be asked to investigate. Discuss this statement with relation to the Iceberg theory of Fraud. (25 marks) Q3. Knowledge of the rules of court, the legal system and especially evidence are necessary for effective completion of a fraud investigation by a forensic accountant or fraud auditor. The forensic accountant in particular is normally involved with the final phase of a fraud investigation prosecution. Discuss the judicial system regarding evidence. (25 marks) Q4. Before there were computers, there was no computer crime, but there was crime both the white and blue collar varieties. There were also crimes against people and crimes against property. The computer did not usher in a new wave of crime. It mainly changed the form of older crimes. Discuss. (25 marks)