The Role of Forensic Accounting Practices and Professional Competence in Supporting Financial Investigations and Judicial Decisions from the Perspective of Accounting Experts and Judges in Libyan Courts in the Cities of Tripoli and Benghazi

Abstract

This study aimed to evaluate the effectiveness of forensic accounting in supporting court decisions and financial investigations from the perspective of judges and forensic accountants in Libya. To achieve the study's objectives, a questionnaire was used to collect data from the target population, which consisted of judges and forensic accountants working in Libyan courts affiliated with the Ministry of Justice. A sample was drawn from professionals in the cities of Tripoli and Benghazi, using both Google Forms and manual distribution methods.

The results of the study indicated that the perceived role of forensic accounting in supporting judicial decisions and financial investigations was high among the participants. The findings also highlighted the importance of providing the necessary expertise, along with academic and practical qualifications, to enhance the effectiveness of forensic accounting. The study recommended several measures, the most important of which is the need to establish comprehensive and clear standards for practicing forensic accounting through specialized institutions, to which Libyan forensic accountants can be affiliated. Additionally, raising awareness among judicial and financial professionals about the significance of forensic accounting is crucial.