Anti-fraud is a special field in identifying, diagnosing and treating fraud, and entails
the gathering, management, investigation, and utilisation of business data. This
research investigated the effect of both the forensic accounting competence (FAC)
and the independent audit committee (IUC) on anti-fraud in firms' performance of
private companies registered in the Iraqi Stock Exchange, and used Smart PLS and
SPSS (version 26), with a population of 94 survey participants. The result was
positive for both variables on preventing fraud in the performance of Iraqi
companies. As a result, the specialisation in the FAC and IUC is required in the
world's most commercial and financial entities. Accounting and auditing staff have
been pressured by national bodies and legislators to change their accounting
curricula, include courses in forensic accounting competency, and pay attention to
the audit committee because attention to these two areas properly increases the
performance of companies in this work context avoid fraud. However, accounting
and auditing professionals prepared according to the current curriculum have little
understanding, competencies, and abilities to set organisational goals and perform
them as required. As a result, this study evaluated research philosophies, cognitive
research ideas, and strategies. It could be used to integrate the FAC and IUC into the
best-performing economic entities.
