RISK MANAGEMENT AND FORENSIC ACCOUNTING UNDER THE INFLATIONARY CONDITIONS

Abstract

Risk management in forensic accounting under inflationary conditions is an important aspect of modern business that requires careful planning and timely interventions. In this study, we analyze the key risks that arise in forensic accounting under inflationary conditions, identify the causes of these risks, and assess their impact on business operations and finansial statements. We employ a qualitative research approach, and data were collected through interviews with experts in forensic accounting and auditing. Our results indicate that the key risks in forensic accounting under inflationary conditions are associated with currency devaluation, supply chain disruptions, and changes in the regulatory environment. Currency devaluation affects the value of money and assets and can lead to fraud related to foreign exchange. Supply chain disruptions, such as shortages of goods or services, can result in fraudulent transactions and abuse of trust. Changes in the regulatory environment, such as alterations in tax laws or accounting regulations, can cause difficulties in compliance with new regulations. Given that risks in forensic accounting under inflationary conditions are highly complex, they require careful planning and management. Therefore, we have developed a risk management approach for forensic accounting under inflationary conditions, which includes risk identification, impact assessment, and the planning of appropriate interventions. Our approach also includes risk monitoring, allowing for timely reactions in the event of problems. Finally, we conclude that risk management in forensic accounting under inflationary conditions is a crucial element of successful business operations. Our approach provides a foundation for further research and the development of new methods for risk management in this field.