Forensic Accounting (Revised Edition)

Author: Yu Chao
Publisher:
Publish Date: 2005-03-01
Features: In China, forensic accounting as evidence has long been applied in judicial practice. Since the founding of the People's Republic of China, judicial organs have used forensic accounting to collect and extract financial accounting materials for identifying disputes in cases involving financial accounting when investigating cases. Particularly since the reform and opening-up, with the rapid development of China's national economy, the number of criminal, civil, and administrative cases involving financial accounting has also increased significantly. To meet the needs of litigation in such cases, Chinese procuratorial organs have established a specialized field of forensic accounting technology in their procuratorial technology departments since 1985, training a large number of full-time forensic accounting professionals dedicated to forensic accounting litigation activities. This has undoubtedly played a positive role in promoting the severe of economic crimes and the proper fulfillment of various legal supervisory functions.
China's research on forensic accounting theory started relatively late and was primarily based on the traditional forensic accounting theory model of the former "Soviet Union." To this day, not only has a specialized theoretical system not been formed, but even a consensus on the basic concepts of forensic accounting has not been reached. The current research status of forensic accounting as a discipline is far from meeting the needs of judicial practice, urgently requiring the active efforts of researchers in forensic accounting theory to break through and make progress.
Yu Chao's book, Forensic Accounting, explores the basic theory and practice of forensic accounting from a new perspective. Through more than ten years of persistent research, the author has moved beyond the constraints of traditional forensic accounting theory models, starting from China's litigation system and judicial practice, boldly proposing a "dualistic" forensic accounting theory model—that is, emphasizing both forensic accounting examination and forensic accounting appraisal. This has opened up a new research path for the development of forensic accounting in China. The proposal of this viewpoint will further promote the research and development of forensic accounting.
The book has the following features:
First, it reflects the results of systematic research on forensic accounting theory. Forensic accounting is an interdisciplinary field involving theories from law, accounting, auditing, and other disciplines. Due to the different research objectives and directions of these related disciplines, without systematic research, confusion may arise in certain aspects of the field. The book proposes numerous new concepts in forensic accounting, organically integrating the basic principles and practical theories of forensic accounting, forming a systematic new theoretical model.
Second, it is innovative. For example, the book divides forensic accounting into two major branches—forensic accounting examination and forensic accounting appraisal—regarding basic concepts, litigation basis, litigation subjects, litigation content, litigation outcomes, and the application of litigation techniques. This not only facilitates in-depth research on forensic accounting theories of different content but also provides a theoretical basis for the application of the principle of separating investigation and appraisal in the field of forensic accounting activities.
Third, it is highly operational. Based on the new financial accounting system, the book combines the practical needs of handling various cases, dedicating most of its content to elaborating on different types of forensic accounting practices, along with common forms and calculation formulas required for conducting various forensic accounting activities.
Fourth, it has good applicability. In its layout and organization, the book systematically decomposes and explains various forensic accounting practical issues in multiple layers, catering to the needs of different forensic accounting subjects by progressing from simple to complex and from general to specific. This facilitates the learning and mastery of forensic accounting knowledge by investigators, procurators, judges, lawyers, and professional technicians, allowing each group to take what they need.
The author of Forensic Accounting is a young science and technology professional. Seeing the young people's proactive and pioneering spirit, I am very happy to write the preface for this book. At the same time, I hope that all those engaged in forensic accounting work will continuously summarize experience, strengthen theoretical research on forensic accounting, and strive to establish a more independent and comprehensive forensic accounting discipline as soon as possible.