REGULATORY FRAMEWORKS AND AUDITING STANDARDS SUPPORTING FRAUD DETECTION AND FINANCIAL REPORTING INTEGRITY

Abstract

Purpose - This paper examines regulatory frameworks and auditing standards that strengthen fraud detection and enhance the integrity of financial reporting in contemporary corporate environments. Design/methodology/approach - The study adopts a qualitative analytical approach by synthesizing regulatory provisions, auditing standards, and scholarly literature. It evaluates global frameworks alongside audit practices and technological integrations. Findings - The analysis reveals that robust regulatory structures combined with risk-based auditing and advanced analytics significantly improve fraud detection. However, gaps remain in implementation consistency and technological adaptation. Practical implications - The findings provide actionable insights for auditors, regulators, and corporate governance bodies to enhance compliance mechanisms, strengthen internal controls, and adopt data-driven auditing techniques. Originality/value - This paper integrates regulatory theory with auditing practice, offering a structured and contemporary perspective on fraud prevention mechanisms without reliance on temporal markers.