Category: Forensic Accounting

Top 13 Reasons You Need a Forensic Accountant

Forensic accountants are required to maintain a specialized skill set of auditing expertise, education, and training. Combining accounting and analytical talents with financial proficiency and a strong moral compass, a forensic accountant plays a critical role in both litigation support and investigations. First and foremost, a forensic accountant must maintain….

Fraud Prevention and Your Business

Fraud is defined as “any intentional act or omission designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain”, based on a report from the Association of Certified Fraud Examiners (ACFE) entitled Managing the Business Risk of Fraud: A Practical Guide. Every organization,….

The Increasing Role of the Expert Witness

Testifying in a court case as an expert witness is often critical to the outcome of a lawsuit. Forensic accountants are typically called upon to utilize their accounting, investigative, economic, statistical, and research techniques and then apply them to a legal problem. Digging into a case to analyze, audit, and….