Forensic Accounting in Small Island Developing States: Insights from Mauritius

Abstract

Purpose: Forensic accounting (FA) has emerged as a crucial tool to combat financial crimes in Small Island Developing States (SIDS), where economies are highly vulnerable to fraud and corruption. This study therefore examines the development of FA in Mauritius, exploring its current status, regulatory and institutional framework, and critical success factors. Methodology: Employing a mixed-methods approach, the research combines document analysis, interviews, and surveys to assess the current status of FA, its challenges and opportunities for its development in SIDS, taking the case of Mauritius. Findings: Findings reveal that Mauritius has implemented foundational legal and institutional structures to support the development of FA but lacks expertise and capacity specifically in FA due to the lack of recognition of FA certifications and qualifications and availability of very limited courses at university level. Unique contribution to theory, practice and policy (recommendations): The study proposes a developmental framework for advancing FA practices in Mauritius and similar jurisdictions, emphasizing capacity building, regulatory reinforcement, and recognition of the profession.