Abstract
Public authorities are responsible to safeguard life, liberty and property of people. For economic growth and
progress of a country, smooth economic condition is very necessary. Unrest among masses is the outcome of
poor economic system. Presently, it is herculean task for every State to combat financial crimes. Developed
countries of the world have powerful mechanism to counter financial crimes, while the dilemma of the
developing countries is that they lack proper capacity to locate and identify such crimes. In this study, the
importance of forensic auditing is highlighted with reference to money laundering.
