ABERDEEN, S.D. – Dr. Eman Momeni, assistant professor of accounting at Northern State University, coauthored and served as the corresponding author for an article published in the December 2024 issue of the Journal of Forensic and Investigative Accounting. The paper, titled “The Prospect Theory and Managements’ Fraud Incentives in Financial Reporting: A Literature Review,” examines how behavioral theory can provide insight into management decisions that lead to financial fraud.
“This study is the result of a comprehensive review of literature exploring the role of descriptive decision theories in understanding managerial decision-making in corporate fraud and explores the psychological, cultural, and legal factors that drive fraudulent behavior in corporate settings,” Momeni said. “By applying prospect theory in forensic accounting, our findings offer actionable recommendations for stakeholders to enhance corporate governance and mitigate financial reporting risks.”
Dr. Momeni started teaching at Northern State University in 2020. Before that, he worked in public accounting and auditing in California and held positions internationally as a controller and cost accounting manager. His research and professional background provide students with practical insights into the complexities of accounting and financial reporting.
The article is available on the Journal of Forensic and Investigative Accounting website at nacva.com.