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* What impact does forensic accounting have on corporate governance, and how does it enhance transparency and accountability within organizations?Forensic accounting significantly contributes to strengthening
What impact does forensic accounting have on corporate governance, and how does it enhance transparency and accountability within organizations?Forensic accounting significantly contributes to strengthening corporate governance by promoting transparency and accountability. Forensic accountants review governance practices, internal controls, and compliance with regulatory requirements. They identify weaknesses and recommend improvements to prevent fraud and ensure ethical conduct. Their independent assessments provide stakeholders with confidence in the integrity of financial reporting. By fostering a culture of accountability, forensic accounting helps organizations build trust with investors, regulators, and the public. How can organizations integrate forensic accounting principles into their governance frameworks?
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