A framework of Forensic Accounting Analytics and Pension Fund Administration in Selected Administrations in Liberia

The peril of fraud, corruption, and misfeasance are commonplace and are at the increase globally and, indeed, in Liberia. Thus, forensic accounting or forensic auditing has emerged as a result of the surge in fraud. Accordingly, the aim of this conceptual dissertation / thesis paper is three-fold. First, this paper sought to absorb the art of forensic thinking among auditors; second, it aimed at stimulating and promoting the understanding of basic forensic skills; and third, it aimed at expanding the stock of literature in forensic accounting and audit. Given this broad spectrum of objectives of this paper, characteristics of a forensic auditor were examined and skills as well as objectives of forensic audit were discussed. In the discussion of the application of forensic audit, both reactive and proactive accounting were examined. This is followed by a highlight on the distinction between statutory audit and forensic audit. Detection techniques and steps in conducting forensic audit are also discussed. We shall also conclude that forensic audit practice can reduce the incidence of fraud even in Pension Fund. This paper is part of my PhD requirements at Charisma University, SCHOOL OF BUSINESS AND PUBLIC POLICY. I wish to record my thanks and indebtedness to Prof. Ndedi Alain, and Prof. Simon Akinteye whose inspiration, dedication and helping nature provided me the kind of guidance necessary to this project. Dr. Linus Enobi Akepe your immense wealth of knowledge was an inspiration to me to write this piece of work