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The Mediating Role of Big Data to Influence Practitioners to Use Forensic Accounting for Fraud Detection

Author

Listed:
  • Prabhat Mittal

    (University of Delhi, New Delhi, India)

  • Amrita Kaur

    (University of Delhi, New Delhi, India)

  • Pankaj Kumar Gupta

    (Jamia Milia Islamia, New Delhi, India)

Abstract

Globally, the financial industry in the recent times has witnessed various forms of fraudulent activities in the financial markets creating dilemma for the professionals, and the auditors who owns responsibility of ensuring accuracy and transparency. This article aims at finding the emergence of Big Data technology to fraud and forensic accounting by practitioner accountants in India. A research model and hypotheses has been developed to examine the relationship between the awareness level of forensic accounting, Big Data and intentions to use it for fraud detection using structural equation modeling. Results indicate that awareness of forensic accounting has a positive influence on practitioners' intentions to its use for fraud detection. Big data technologies mediate the relationship between awareness and intentions to use for fraud detection. The results of the study are useful in implementation of Big Data technologies into the forensic accounting domain that can facilitate combating fraud.

Suggested Citation

  • Prabhat Mittal & Amrita Kaur & Pankaj Kumar Gupta, 2021. "The Mediating Role of Big Data to Influence Practitioners to Use Forensic Accounting for Fraud Detection," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 7(1), pages 47-58.
    • Handle: RePEc:men:journl:v:7:y:2021:i:1:p:47-58
    DOI: 10.11118/ejobsat.2021.009
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    big data; fraud; forensic accounting; structural equation modeling;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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