Forensics accounting competency and audit success: an empirical research of certified public accountants (CPAs) in Thailand


  • นุชจรินทร์ โลหะปาน คณะสหวิทยาการ วิทยาเขตหนองคาย มหาวิทยาลัยขอนแก่น


Forensic Accounting Competency, Audit Strategy, Audit Practice, Audit Success


The objectives of the present study were 1) to examine the effects of forensic accounting competency on audit strategy, audit practice, and audit success, and 2) to investigate the effects of audit experience, technology competency, and environmental force on forensic accounting competency. The certified public accountants (CPAs) in Thailand were the key informants. The population of this research was obtained from the database of The Federation of Accounting Professions. The data were collected from the mailed questionnaire assigned to 346 auditors in Thailand and response rate was 21.69%. The hypothesized relationships were examined by ordinary least square (OLS) regression analysis. The findings demonstrated that the forensic accounting competency had positive effects on audit strategy, audit practice, and audit success. Furthermore, audit experience, technology competency, and environmental force have a positive influence on forensic accounting competency. It also discovered that forensic accounting competency was a significant factor which droved auditing proficiency, including audit strategy and audit practice, thus leading to audit success. In addition, increasing various types of audit experience, technology competency, continuous learning, up-skilling, or re-skilling was a vital factor which could affect forensic accounting competency.


Download data is not yet available.


Aaker, D. A., V. Kumer, & G. S. Day. (2001). Marketing research. New York : John Wiley and Sons.

AICPA. (2010). FVS Practice Aid 10-1: Serving as an expert witness or consultant. New York : American Institute of Certified Public Accountants.

Akenbor, C. O., & Ironkwe, U. (2014). Forensic auditing techniques and fraudulent practices of public institutions in Nigeria. Journal of Modern Accounting and Auditing, 10(4), 451-459.

Akintunde, A. (2019). Contemporary issues in forensics accounting and forensics audit. Journal of Accounting, Finance and Development, 2(1), 147-165

Anyaduba, J.O., & Modugu, K.P. (2013). Forensic accounting and financial fraud in Nigeria: An empirical approach, International Journal of Business and social sciences, 4(7), 281-289.

Armstrong, J. C., & Overton, T. S. (1977). Estimating nonresponse bias in mail surveys. Journal of Marketing Research, 14, 396-402.

Arnold, B., & Purt, A. (2017). Risky relationships: A holistic audit strategy can provide confidence in the performance of third-party partners. Internal Auditor, 74(6), 31-36.

Asare, S. K., & Wright, A. M. (2018). Field evidence about auditors' experiences in consulting with forensic specialists. Behavioral Research in Accounting, 30(1), 1-25.

Badara, S. M., & Saidin, Z. S. (2013). Antecedents of internal audit effectiveness: A moderating effect of effective audit committee at local government level in Nigeria. International Journal of Finance and Accounting, 2(2). 82-88.

Baharud-din, Z., Shokiyah, A., & Ibrahim, M. S. (2014). Factors that contribute to the effectiveness of internal audit in public sector. International Proceedings of Economics Development and Research, 70(4), 126-132.

Bhasin, S. (2012). An appropriate change strategy for lean success. Management Decision, 50(3), 439-458.

Bhasin, M. L. (2015). An empirical investigation of the relevant skills of forensic accountants: Experience of a developing economy (October 20, 2015). Retrieved from or

Bone, J. (2018). Five trends shaping digital transformation: By understanding new developments, internal audit can help shape the organization's approach to the digital economy. Internal Auditor, 75(5), 19-38.

Cahan, S. F., & Sun, J. (2015). The effect of audit experience on audit fees and audit quality. Journal of Accounting, Auditing & Finance, 30(1), 78–100.

Chatiwong, T., Ussahawanitichakit, P., & Janjarasjit, S. (2016). Proactive internal audit strategy and firm performance: Empirical evidence from Thai-Listed firms. AU-GSB e-JOURNAL, 9(1), 3-24.

Chinusorn, C., Rattanaphaphtham, K., & Tontiset, N. (2020). The relationship between fraud prevention and operation efficiency of construction business in Thailand. Journal of Accountancy and Management, 11(4), 1-10.

Chou, D. C. (2015). Cloud computing risk and audit issues. Computer Standards & Interfaces, 42, 137-142.

Chung, J., & Monroe, G. S. (2011). A research note on the effects of gender and task complexity on an audit judgment. Behavioral Research in Accounting, 13(1), 111 - 125.

CNBC. (2020). Wirecard auditors face legal action after collapse of scandal-hit payments firm. Retrieved on August 14, 2020, from

Dada, S. O. (2014). Forensic accounting technique: A means of successful eradication of corruption through fraud prevention, bribery prevention and embezzlement prevention in Nigeria. Kuwait Chapter of the Arabian Journal of Business and Management Review, 4(1), 176.

Dadvari, A., & Do, B. R. (2019). Modeling gen Z continuance intention toward ubiquitous media system: Applying technology readiness and technology acceptance model. International Journal of Information and Management Sciences, 30(1), 37-56.

Dalton, D. R., Hill, J. W., & Ramsay, R. J. (1997). The threat of litigation and voluntary partner/manager turnover in big six firms. Journal of Accounting and Public Policy, 16(4), 379-413.

Davis, C., Farrell, R., & Ogilby, S. (2010). Characteristics and skills of the forensic accountant. American Institute of Certified Public Accountants, 2010, 11-26.

Enofe, A.O., Omagbon, P., & Ehigiator, F.I. (2015). Forensic audit and corporate fraud. IIARD International Journal of Economics and Business Management, 1(7), 1-10.

Emeh, Y., & Obi, J. O. (2013). An empirical analysis of forensic accounting and financial fraud in Nigeria. African Journal of Social Sciences, 3(4), 112-121.

Ernst & Young. (2015). The future of assurance: How technology is transforming the audit. Retrieved on March 20, 2017, from

Fotoh, L. E., & Lorentzon, J. I. (2020). Critical issues of the audit expectation gap in the era of audit digitalization. Retrieved on August 29, 2021, from

Guiral, A., Rodgers, W., Ruiz, E., & Gonzalo-Anguloe, J., A. (2015). Can expertise mitigate auditors’ unintentional biases? Journal of International Accounting, Auditing and Taxation, 24, 105–117.

Hair, Jr. J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2010). Multivariate Data Analysis: A Global Perspective. New Jersey : Pearson Prentice Hall.

Hannimitkulchai, K., & Ussahawanitchakit, P. (2016). Continuous audit development and audit survival: Evidence from tax auditors in Thailand. The Business and Management Review, 7(5), 487 – 498.

Haque, S. & Islam, M.A., (2015). Stakeholder pressures on corporate climate change-related accountability and disclosures: Australian evidence. Business and Politics, 17(2), 355-390.

Huang, H. W., Rose-Green, E., & Lee, C. C. (2012). CEO age and financial reporting quality. Accounting Horizons, 26(4), 725-740.

Islam, A. M. (2017). Future of accounting profession: Three major changes and implications for teaching and research. Retrieved from

Janjaturapath, N. (2020). The Relationship between professional accounting competency orientation and job performance efficiency of accountant in Thailand. Journal of Accountancy and Management, 12(1), 111-124. Retrieved from

Karagiorgos, T., Drogalas, G., & Giovanis, N. (2011). Evaluation of the effectiveness of internal audit in Greek hotel business. International Journal of Economic Sciences and Applied Research, 4(1), 19-34.

Kılıç, B.I. (2020). The effects of big data on forensic accounting practices and education. Contemporary Issues in Audit Management and Forensic Accounting, 102, 11 - 26.

Kim. S. L., Teo, T. S. H., Bhattacherjee, A., & Nam, K. (2017). IS auditor characteristics, audit process variables, and IS audit satisfaction: An empirical study in South Korea. Information Systems Frontiers, 19, 577–591.

Krejcie, R. V., & Morgan, D. W. (1970). Determining sample size for research activities. Educational and Psychological Measurement, 30, 607-610.

Kreuter, E. A. (2017). Forensic accounting: A value-adding skill for the CPA. The CPA Journals. Retrieved on June 7, 2021, from

Lakshmi, P., & Menon, G. (2016). Forensic accounting: A checkmate for corporate fraud. Journal of Modern Accounting and Auditing, 12(9), 453-460.

Likert, R. A. (1932). A technique for the measurement of attitudes. Archives of psychology, 3(1), 44-48.

Lonsdale, J., & Stewart, R. (2017). Indicators of success: Using information and learning to support an effective performance audit function. Success in Evaluation, 8, 165-187.

Mcdonald, P. (2008). The multi generational workforce: audit departments can leverage the varied talents of different age segments in today's workplace, while avoiding the potential for interpersonal clash. Internal Auditor, 65(5), 60+. Retrieved from

Njanike, K., Dube, T., & Mashayanye, E. (2009). The effectiveness of forensic auditing in detecting, investigating, and preventing bank frauds. Journal of Sustainable Development in Africa, 10(4), 405-425.

Nunnally, J. C., & Bernstein, I. H. (1994). Psychometric Theory. New York : McGraw-Hill

Okoye, E., & Ndah, E. N. (2019). Forensic accounting and fraud prevention in manufacturing companies in Nigeria. International Journal of Innovative Finance and Economics Research, 7(1), 107-116.

Okoye, K. R. E., & Obialor, U. G. (2020). Forensic investigation and forensic audit methodology: Remedy to fraudulent practices in a computerized work environment. International Journal of Educational Benchmark, 16(2), 1-10.

Oyedokun, G. (2015). Forensic investigation and forensic audit methodology in computerized work Environment. Pacific Accounting Review, 25(2), 188 – 216.

Pararit, T., Ussahawanitchakit, P., & Boonlua, S. (2017). Internal audit intelligence and firm success: Evidence from Thai-Listed firm. AU-GSB e-JOURNAL, 10(1), 3-23.

Petchjul, S., & Ussahawanitchakit, P. (2013). Audit review strategy and audit success of certified public accountants (CPAs) in Thailand. International Journal of Business Research,13, 41-56.

Phornlaphatrachakorn, K., & Na Kalasindhu, K. (2020). Audit socialization and professional success: Evidence from Thailand. The Journal of Asian Finance, Economics and Business, 7(12), 831-843.

Phosrichan, N., Boonlua, S., & Janjarasjit, S. (2016). Audit review integration competency and audit success: An empirical investigation. BU Academic Review, 15(2), 161-176.

Promtong, N., Phornlaphatrachakorn, K., & Raksong, S. (2018). Factors affecting tax auditors’ professional audit proficiency. WMS Journal of Management, 7(Special), 99-110.

Rezaee, Z., & Wang, J. (2019). Relevance of big data to forensic accounting practice and education. Managerial Auditing Journal, 34(3), 268-288.

Siewkornburee, N. (2020). Effects of fraud detection techniques on audit quality of certified public accountants in Thailand. Journal of Accountancy and Management, 11(4), 20-30.

Sorunke, O. A. (2018). Forensic accounting investigation techniques and successful prosecution of corruption cases in Nigeria. International Journal of Academic Research in Accounting, Finance and Management Sciences, 8(3), 37-44.

Supriadi, T., Mulyani, S., Soepardi, E. M., & Farida, I. (2019). Influence of auditor competency in using information technology on the success of E-audit system implementation. EURASIA Journal of Mathematics, Science and Technology Education, 15(10), 1760-1769

Tangsakul, P., & Ussahawanitchakit, P. (2015). Moral reasoning of tax auditors in Thailand: An empirical investigation of the antecedents and consequences. The Business & Management Review, 7(1), 134-149.

Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic management journal, 18(7), 509-533

Tiwari, R. K., & Debnath, J. (2017). Forensic accounting: A blend of knowledge. Journal of Financial Regulation and Compliance, 25(1), 73-85.

Tjeng, P. S., & Nopianti, R. (2020). The audit investigation and accounting forensic in detecting fraud in digital environment. International Journal of Accounting and Taxation, 8(1), 44-54.

Thongchai, C., Phornlaphatrachakorn, K., & Phankasem, S. (2018). Audit flexibility management competency and audit success: Evidence from governmental auditors in Thailand. Journal of Accountancy and Management, 10(3), 185-198.

Thongchai, C., & Ussahawanitchakit, P. (2015). Audit specialization and audit success: An empirical investigation of certified public accountants (CPAs) in Thailand. The Business and Management Review, 7(1), 395-407.

Westermann, K. D., Bedard, J. C., & Earley, C. E. (2015). Learning the “craft” of auditing: A dynamic view of auditors' on-the-job learning. Contemporary Accounting Research, 32(3), 864-896.

Wimoonard, T., Ussahawanitchakit, P., & Janjarasjit, S. (2017). Strategic internal audit excellence and organizational survival: An empirical investigation of finance businesses in Thailand. AU-GSB E-JOURNAL, 9(2), 82-99.

Wutiphan, J., Ussahawanitichakit, P., & Janjarasjit, S. (2015). Strategic audit expertise orientation and audit success: A conceptual framework. Allied Academies International Conference. Academy of Accounting and Financial Studies. Proceedings; Arden 20(2), 55-68.

Yang, C. H., & Lee, K. C. (2020). Developing a strategy map for forensic accounting with fraud risk management: An integrated balanced scorecard-based decision model. Evaluation and program planning, 80, 101780.

Zakariya’u, G., Muzainah, M., & Muhammad, I. (2020). Internal audit strategy: A key determinant for auditing efficiency and effectiveness in tax administration. International Journal of Business and Technopreneurship, 10(1), 1-12.



How to Cite

โลหะปาน น. (2021). Forensics accounting competency and audit success: an empirical research of certified public accountants (CPAs) in Thailand. Journal of Accountancy and Management, 13(4), 228–248. Retrieved from



Research Articles