Fuzzy cognitive maps in the impact of forensic audits as prevention of financial crimes

Abstract

This study analyzes the impact of forensic audits on the prevention of financial crimes in SMEs, using fuzzy cognitive maps. The qualitative research, based on an exhaustive literature review and expert interviews, highlights the critical importance of forensic audits in fraud prevention, although it identifies cost as the main obstacle to their implementation in SMEs. A significant interconnection between fraud detection, organizational culture, and technology is revealed. Based on these findings, a predictive model is proposed that integrates these key factors, offering an adaptive and multifaceted approach to fraud detection and deterrence. The study concludes that forensic audits not only prevent financial crimes but also improve organizational culture. The growing importance of technology and the need for proactive strategies are emphasized. The proposed model seeks to optimize fraud prevention in SMEs, integrating with existing audit and risk management practices. This research contributes significantly to the field, offering insights based on empirical evidence and a practical model adaptable to the unique challenges of SMEs in preventing financial crimes.

Keywords: SMEs, Fraud prevention, Fraud detection, Fuzzy cognitive maps.