Forensic auditing as a tool in the prevention of corporate fraud in the automotive industry

Abstract

Forensic auditing makes it possible to uncover fraud in companies through the use of preventive strategies, digital technologies and legal standards. The study is based on the challenge faced by companies in the automotive sector in Guayaquil to identify irregular practices in their financial operations. Its objective was to propose auditing practices that help prevent and uncover internal fraud. A mixed methodology was used, combining surveys with documentary analysis. The findings show that, although there is interest in applying forensic audits, many organizations do not have trained personnel, digital tools or adequate procedures. The conclusions highlight the need to strengthen professional ethics, train staff and implement audits on a regular basis. Incorporating technology such as artificial intelligence and data analysis facilitates the review of large volumes of information, which improves the ability to detect irregularities. Forensic auditing should be incorporated as part of internal control to strengthen confidence and protect financial resources.