The role of forensic accountants in combating money laundering in Palestinian banks رسالة ماجستير

Abstract

This study aimed to analyze the role of forensic accountants in combating money laundering in Palestinian banks using a descriptive analytical approach. Data was collected through an electronic survey via Google Forms, with responses from 37 employees. This data was carefully analyzed to provide a clear and comprehensive picture of forensic accounting practices in Palestinian banks. The results were analyzed using the SPSS statistical analysis software, where averages, standard deviations, Pearson tests, and multiple regression tests were conducted to derive important conclusions. The results showed that participants in the study had a positive evaluation of forensic accounting practices in Palestinian banks, demonstrating significant confidence in the effectiveness of these measures in enhancing transparency and preventing financial corruption. The study also revealed the importance of analyzing financial resource utilization, tracking forensic accounting content, and time analysis in enhancing the effectiveness of anti-money laundering efforts. It was also found that there is a significant relationship between these practices and anti-money laundering efforts in Palestinian banks, reflecting the role of forensic accountants in improving financial transparency and accountability. One of the key findings was that tracking cash flows and analyzing legal accounting content have a significant impact on enhancing the effectiveness of anti-money laundering systems. Participants confirmed that understanding and analyzing the relationship between individuals and financial biases in decision-making processes is a crucial factor in improving anti-money laundering strategies. Based on these findings, the study recommends expanding continuous training for forensic accountants, investing in advanced technologies such as artificial intelligence for financial data analysis and detecting suspicious activities, and enhancing collaboration between banks and legal and regulatory bodies to develop comprehensive anti-money laundering strategies.