Exploring the overview of forensic accounting and the demand for business and education training in Vietnam

Abstract

In the process of development of the global economy, along with the achievements and successes in many fields, it has still existed many uncertainties and fraud that occurring in a lot of organizations or individuals and they are illegal activity which is going on. Most of these circumstances are related to the financial data and accounting information, or concerned to the physical and valuable elements. Currently, Vietnam has not had any firms or staffs who have specialized experience in the investigation or lawsuit events associated with the court or other disputes. So, the education of students who are able to do the investigation professionally and help the governmental agency to detect the errors or frauds of companies or public sector entities’ financial data is significant for present economy conditions in Vietnam nowadays. Therefore, the main purpose of this article is to provide an overview picture about the history, main content and role of forensic accounting, a relatively new field in Vietnam, and needs of human resources in this field. Based on that information, this paper also proposed four requirements for business and education that Vietnam should identify and establish for law enforcement personnel to accounting. The results indicated the cycle of establishment forensic accounting onto education in Vietnam in the following years.