Internationale Zeitschrift für Rechnungslegungsforschung

Abstrakt

Forensic Accounting in the Saudi Arabian Oil Industry

Khalid Hamad Alturki*

The primary subject matter of this research is to examine the effects of diversity, equity and inclusion on the effectiveness of forensic accounting in the oil and gas industry of the world’s largest producer and exporter of oil, Saudi Arabian. The specific objectives are: To review forensic accounting and determine the effect of diversity management on forensic accounting effectiveness in the oil and gas listed companies in Saudi Arabia; to ascertain the relationship between inclusion and forensic accounting effectiveness of oil and gas listed companies in the Saudi Arabia stock exchange, Tadawul; to ascertain the relationship between equity and forensic accounting effectiveness in oil and gas listed companies in Tadawul; and to explore the level of awareness of forensic accounting application in Saudi Arabian oil and gas companies and how it has engendered leadership efficiency in the industry. Descriptive Statistics are used to present quantitative descriptions in a manageable form. The collected data were analyzed with descriptive statistics using Ordinary Least Square (OLS) regression and chi-square. The study reveals that the use of forensic accounting is still very minimal in Saudi Arabian oil and gas publicly traded companies. The result revealed that diversity management and inclusion have significant effect on forensic accounting effectiveness in the Saudi Arabian oil and gas companies listed in the Saudi Arabian stock exchange, Tadawul. Equity, however, found to have no significant effect on forensic accounting effectiveness in the Saudi Arabian oil and gas companies listed in the Saudi Arabian stock exchange, Tadawul. That could be explained by saying that diversity management and inclusion have the potentials of assisting oil and gas companies in creating a climate in which employee will like to work harder with readiness to continue to work with the company.