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How to Work with a Forensic Accountant

RogerRossmeisl

Forensic accountants are professionals who have received specialized training to uncover fraud and protect against fraud threats. They’re uniquely qualified to review financial statements and business records and to interview employees to find evidence of misrepresentations and theft.

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New Approaches to Audits Gain Ground

CPA Practice

With markets changing and capital becoming more constrained by the day, there is a rapidly heightened awareness of the role that due diligence and audits play. These manual verification procedures are painstaking — and most often relegated to the audit professionals early in their career. By Tod McDonald.

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Fraud Investigations vs. Audits

FraudFiles

Many of the administrative parts of a forensic accounting or fraud investigation project are similar to those in a traditional auditing assignment. For those who have played an active role in managing audit engagements, some of this information will be familiar.

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Fraud Investigation for Small Firms

FraudFiles

The growth in forensic accounting and fraud investigation specialties has led accounting firms of all sizes to expand their practices to these areas. Is it as easy as it sounds to add forensic accounting to your firm’s competencies? It is a simple decision to start providing accounting services.

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Reconstructing Books and Records For a Tax Audit

FraudFiles

You are being audited. Blame and shame have no place in a tax audit. The task at hand is getting through the audit in a way that achieves the best possible result for the business. Lots of businesses have been guilty of the “shoebox method” of accounting or careless records retention. Every number could be scrutinized.

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Small Fraud Investigation Firms

FraudFiles

Firms of all sizes are interested in expanding their practices to include forensic accounting and fraud investigation. Yet adding forensic accounting to a firm’s portfolio of services might not be as easy as it sounds. Experts agree: This practice area is growing and will continue to grow for the foreseeable future.

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What Auditors Do

Withum

In two weeks, I will be teaching a graduate course on audit concepts and methods to accounting students at Fairleigh Dickinson University. In its simplest form, auditors provide an opinion on an organization’s financial statements. Businesses are not the only organizations that need audited financial statements.

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