FRAUD AND FORENSIC ACCOUNTING IN THE DIGITAL ENVIRONMENT OF ACCOUNTING INFORMATION SYSTEMS: FOCUS ON THE HOTEL INDUSTRY
Keywords:
fraud, forensic accounting, accounting information systems, digital environment, hotel industry
Abstract
Accounting information systems in the digital environment show opportunities for fraudulent activities. Therefore, knowledge and investigation of fraudulent actions and forensic accounting are of great importance in order to avoid the potential loss of users or minimize them. This paper examines fraudulent actions and forensic accounting in the digital environment of accounting information systems. A descriptive method and a content analysis method were used in this paper to express the subject of the research through a more detailed elaboration of fraudulent activities and the importance of forensic accounting in the digital environment of accounting information systems. A particular focus and practical application of the implications of the paper is on the hotel industry. The research results offer more open-ended questions and opportunities to develop and upgrade this specific area, as always when it comes to frauds and forensic accounting.
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References
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21. Oltean, F. D., Gabor, M. R., Conţiu, L. C. (2014). Relation between information technology and performance: An empirical study concerning the hotel industry in Mures County. Procedia Economics and Finance, Vol. 15, 1535-1542.
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26. Vasilev, D., Cvetković, D., Grgur, A. (2019). Detection of fraudulent actions in the financial statements with particular emphasis on hotel companies. Hotel and Tourism Management, Vol. 7, No. 1, 115-125.
27. Çetin, H., Yetiş, Z. (2017). Evaluation of the Effectiveness of the Internal Control System in Hotel Businesses. Annual Vietnam Academic Research Conference on Global Business, Economics, Finance & Management Sciences: AP17Vietnam Conference, HaiPhong-Hanoi, 738.
28. Özcan, A. (2019). Analyzing the Impact of Forensic Accounting on the Detection of Financial Information Manipulation. Manas Sosyal Araştırmalar Dergisi, Vol. 8, No. 2, 1744-1760.
2. Association of Certified Fraud Examiners (ACFE), https://www.acfe.com/, (15 January 2020).
3. Association of Certified Fraud Examiners (ACFE), (2018), Report to the nations, 2018 global study on occupational fraud and abuse, http://www.acfe.com/, (10 December 2019).
4. Association of Certified Fraud Examiners (ACFE), Fraud Examiners Manual, https://www.acfe.com/fem-lp.aspx, (10 January 2020).
5. Association of Certified Fraud Examiners (ACFE), Fraud Magazine, https://www.fraud-magazine.com/fm-home.aspx, (15 January 2020).
6. Barjaktarović, D., Pindžo, R. (2016). Contemporary trends in the hotel industry development. Turističko poslovanje, No. 18, 5-16.
7. Barrier, M. (2001). Unmasking hotel fraud. Internal Auditor, Vol. 58, No. 2, 26-26.
8. Belfo, F., Trigo, A. (2013). Accounting information systems: Tradition and future directions. Procedia Technology, No. 9, 536-546.
9. Bošković, M. (1999). Kriminološki leksikon, Matica Srpska, Novi Sad.
10. Knežević, S. (2019). Finansijsko izveštavanje, Beograd.
11. Knežević, S., Mitrović, A. (2017). Analysis of the opinions in the audit reports of companies in the hospitality sector: accommodation and catering service. The Second International Scientific Conference "Tourism in function of development of the Republic of Serbia – Тourism product as a factor of competitiveness of the Serbian economy and experiences of other countries", Vrnjačka Banja, 2(2), 324-340.
12. Knežević, S., Mitrović, A., Cvetković, D. (2019). The role of auditing profession in detecting frauds in financial statements. NBP - Journal of Criminalistics and Law, Vol. 2, No. 2, 97-109.
13. Knežević, S., Mitrović, A., Vujić, M., Grgur, A. (2019). Analiza finansijskih izveštaja, Beograd.
14. Lim, F. P. C. (2013). Impact of information technology on accounting systems. Asia-Pasific Jornal of Multimedia Services Convergent with Art, Humanities and Socialgy, Vol. 3, No. 2, 93-106.
15. Mikerević, D., Kondić, N., Škarić Jovanović, K., Krsmanović, B., Šnjegota, D., Poljašević, J., Radivojac, G., Džakula, M., Pucarević, M., Škobić, Z., Radonjić, S., Vidović, Z., Pajić, P., Panić, N., Rakić, D., Tešanović, S. (2013). Forenzika poslovanja, Finrar, Banja Luka.
16. Milašinović, M., Knežević, S., Mitrović, A. (2019). Bankruptcy forecasting of hotel companies in the Republic of Serbia using Altman's Z-score model. Hotel and Tourism Management, Vol. 7, No. 2, 87-95.
17. Mitrić, М., Stanković, A., Lakićević, А. (2012). Forensic Accounting – the Missing Link in Education and Practice. Management – Journal for Theory and Practice Management, No. 65, 41-50.
18. Mitrović, A. (2020). Računovodstveni informacioni sistemi i prevarne radnje. U Forenzičko računovodstvo, istražne radnje i ljudski faktor, Fakultet organizacionih nauka, Beograd. (In press).
19. Mitrović, A., Knežević, S. (2018). The importance of accounting information systems usage in hotel industry. The Third International Scientific Conference "Tourism in function of development of the Republic of Serbia – Tourism in the Era of Digital Transformation", Vrnjačka Banja, 3(1), 275-289.
20. Mitrović, A., Milašinović, M. (2019). Pogled na značaj i aktuelnost računovodstvenih informacionih sistema u savremenom poslovnom okruženju. Međunarodna naučna konferencija Mediji i ekonomija, Banja Luka, 270-276.
21. Oltean, F. D., Gabor, M. R., Conţiu, L. C. (2014). Relation between information technology and performance: An empirical study concerning the hotel industry in Mures County. Procedia Economics and Finance, Vol. 15, 1535-1542.
22. Petrović, S. (2004). Kompjuterski kriminal, Vojnoizdavački zavod, Beograd.
23. Silverstone, H., Sheetz, M. (2007). Forensic accounting and fraud investigation for non-experts, John Wiley & Sons Inc, New Jersey.
24. Udruženje ovlašćenih ispitivača prevare (ACFE Srbija), http://www.acfe.rs/, (10 January 2020).
25. Vaassen, E. (2002). Accounting information systems: A managerial approach, Wiley, Chichester.
26. Vasilev, D., Cvetković, D., Grgur, A. (2019). Detection of fraudulent actions in the financial statements with particular emphasis on hotel companies. Hotel and Tourism Management, Vol. 7, No. 1, 115-125.
27. Çetin, H., Yetiş, Z. (2017). Evaluation of the Effectiveness of the Internal Control System in Hotel Businesses. Annual Vietnam Academic Research Conference on Global Business, Economics, Finance & Management Sciences: AP17Vietnam Conference, HaiPhong-Hanoi, 738.
28. Özcan, A. (2019). Analyzing the Impact of Forensic Accounting on the Detection of Financial Information Manipulation. Manas Sosyal Araştırmalar Dergisi, Vol. 8, No. 2, 1744-1760.
Published
2020-09-05
How to Cite
Mitrović, A., & Knežević, S. (2020). FRAUD AND FORENSIC ACCOUNTING IN THE DIGITAL ENVIRONMENT OF ACCOUNTING INFORMATION SYSTEMS: FOCUS ON THE HOTEL INDUSTRY. Tourism International Scientific Conference Vrnjačka Banja - TISC, 5(1), 281-295. Retrieved from http://tisc.rs/proceedings/index.php/hitmc/article/view/342
Section
Articles
