Professional Documents
Culture Documents
Graduation Project
Graduation Project
Graduation Project
Amjad Alsamhoury
1320072
Dr. Osama Jaara
The role of forensic
accountant in
tackling
money laundry and
terrorism financing
Introduction
Forensic accounting
Money Laundry
Terrorists financing
Money Laundry
Research objectives
1. Secondary data
2. Primary data
Sample and population
• The role of the central bank in Jordan is to regulate and comply every bank to have
a payroll officer, with a forensic accounting degree, whom would connect the
commercial banks with the central bank to prevent any suspected activities
• Forensic accountants would help in deterring money laundering activities and in the
recommendation, there must be an officer with such degree to achieve an
economical crime free economy
• In order to stop terrorist financing, money laundering activities should be
prevented; doing so means more regulations and procedures.
• Increase customers inquire when suspecting the origin of the cash, financing or
sudden enrichments.
Recommendation
• Increase training for respective employees regarding procedures and how to inquire
customers about their sources of the cash and/or transactions.
• Increase the awareness regarding money laundering activities, terrorism financing
and their effect on the economy and the national security.
• Recommendation for future research: Researchers may likewise handle comparative
study for various samples and chose organizations and divisions to distinguish
disclosure trends. Therefore, the researcher encourage studying the effect of
internal audit on fraud is imperative because of issues that may address the
limitations and proposed potential research areas. In addition to conducting other
researches regarding the same topic in Jordan using a different industry.
Limitation
• The researcher encountered a huge issue when distributing surveys to the commercial banks
in Jordan study sample. The survey reached the study sample after a handful of telephones,
as they did not take the researcher seriously at first, therefore, 3 out of 20 surveys were not
recovered or marked as inadequate for testing because of random answering.
• The researcher faced a problem applying statistical methods onto the questionnaire due to
lack of proper equipment.
• Having a sample from top management limited the time and the availability to collect the
data properly and efficiently.
• Forensic accounting is a new topic to the Jordanian culture of business and thus limited the
knowledge in assisting this research.
At the end , I would like to thank my supervisor,
Dr.Osama Ja’ara for his unlimited support and
encouragement throughout this project.
Amjad Alsamhoury
Questions ?
Thank you for listening
Amjad Alsamhoury