Insight into how cyber forensic accounting enhances the integrated reporting quality in small and medium enterprises

Abstract

The objective of this current research is to examine the influence of cyber forensic accounting on the quality of integrated reporting. The current investigation employed a mixed-methods approach. As a result, the objective of examining the qualitative viewpoints expressed in the expert interviews was to ascertain the practical implementation of the constructs and gain a more comprehensive understanding of several concerns associated with the proposed model. The proposed model, which was verified using AMOS 28.0 software and structural equation modeling, was empirically supported by the examination of statistical data collected from surveys administered to accountants employed in small and medium-sized businesses. The outcome analyses that were performed identified positive and statistically significant relationships between the hypothesized constructs in terms of effect magnitude. More concretely, among the components of cyber forensic accounting that impacted the quality of integrated reporting, zero trust governance and management control systems exhibited the highest path coefficient, followed by cyber anti-fraud policies. Conversely, digitally designed forensic procedures demonstrated the lowest path coefficient. Furthermore, aside from providing a solid foundation for future investigations, the refined insights presented in this work can also assist policy-makers and practitioners in recognizing and capitalizing on prospects to improve and expand quality of integrated reporting. This can be achieved through the implementation of efficient and effective rules and policies related to cyber forensic accounting management.

Keywords:

• Cybersecurity
• integrated reporting
• forensic accounting
• SME

REVIEWING EDITOR:

• Sandra Alves, Higher Institute of Accounting and Administration, University of Aveiro, Portugal

SUBJECTS:

• Economics
• Business, Management and Accounting
• Computing & IT Security
• Robotics & Cybernetics

Acknowledgements

This research was funded by University of Economics Ho Chi Minh City (UEH).

Author contributions

Conceptualization, P.Q.H.; methodology, P.Q.H.; software, P.Q.H. and V.K.P.; validation, P.Q.H. and V.K.P.; formal analysis, P.Q.H. and V.K.P.; investigation, P.Q.H.; writing—original draft preparation, P.Q.H.; writing—review and editing, P.Q.H.; offering final approval of the version to publish, P.Q.H. All authors have read and agreed to the published version of the manuscript.

Ethics approval

The study was approved by Ethics committee of University of Economics Ho Chi Minh City (UEH).

Informed consent

The written consent was obtained for the study.

Disclosure statement

The authors declare no conflicts of interest.

Data availability statement

The author confirms that all data generated or analyzed during this study are included in this published article. In addition, no data were included in this study.

Additional information

Funding

This research was funded by University of Economics Ho Chi Minh City (UEH) in Vietnam.

Notes on contributors

Quang Huy Pham

Quang Huy Pham is an Advanced Lecturer in Public Sector Accounting at the School of Accounting, University of Economics Ho Chi Minh City, Vietnam. He has authored several chapters for books, contributed to a multitude of scholarly journals, and delivered speeches at conferences both domestically and internationally.

Kien Phuc Vu

Kien Phuc Vu is a lecturer at University of Economics Ho Chi Minh City, Vinh Long Campus in Vietnam, where she isaffiliated with Faculty of Accounting. Her primary research interests lie in the accounting and management fields. She published a number of articles and conducted paper for international conferences.