Evaluating the Role of Certified Public Accountants in Detecting Money Laundering Activities

1. Introduction 2. Background of Money Laundering 2.1 Definition and Scope 2.2 Historical Context 2.3 Impact on Global Economy 3. Regulatory Framework 3.1 Key International Regulations 3.2 National Legal Frameworks 3.3 Compliance Obligations for CPAs 4. Role of Certified Public Accountants (CPAs) 4.1 Responsibilities and Ethics 4.2 Training and Certification Requirements 4.3 Involvement in Financial Audits 5. Techniques for Detecting Money Laundering 5.1 Risk Assessment and Identification 5.2 Data Analytics and Technology 5.3 Red Flags and Indicators 6. Case Studies of Money Laundering Detection 6.1 Successful Detection Instances 6.2 Challenges Faced in Detection 6.3 Lessons Learned 7. Collaboration with Other Financial Institutions 7.1 Partnerships with Banks 7.2 Information Sharing Mechanisms 7.3 Enhancing Detection Capabilities 8. Future Trends and Recommendations 8.1 Emerging Technologies and Tools 8.2 Policy Recommendations 8.3 Enhancing CPA Training Programs