Forensic Accounting

Forensic Accounting

Forensic accounting procedures for fraud related to purchasing

One of the major rules of a forensic accountant is investigating fraud that happened or might be happened to the organizations. In this article, we will list down some specific procedures related to Investigating Fraud over purchasing done by Forensic Accountant. Here we go! In every organization, the purchasing department plays a very important rule in the …

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How to Prepare the Forensic Accounting Report? (Guide)

Forensic Accounting Report Preparing the Forensic Accounting Report is part of your major responsibilities if you are a forensic accountant. This task is normally done at the final stage of your investigation. In this article, we will tell you’re the main element that you should include when you prepare your forensic accounting reports. Before list …

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How Much Does A Forensic Accountant Make? (Job Description, Education, and More)

Have you heard of the Ponzi Scheme Fraud? Or do your ears ever get to hear Enron Scandal, Tyco International Scandal, or Bernie Madoff Fraud? The world has known business, money, finance, investment, and profit for centuries. It also knows the word fraud, embezzlement, financial scandal, economic losses, financial disputes, etc., since then. But all …

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Forensic Audit Procedures: 5 Main Procedures You Should Know

Overview: Forensic audit procedures are not so much different from audit procedures. They also perform important procedures to obtain the evidence, including analytical reviews, inquiries, observations, recalculations, inspection, etc. However, as said in our previous post, What is forensic accounting? The evidence gathered from forensic accounting or auditing is normally used for legal purposes rather …

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What is Forensic Accounting? Definition, Types, and Services

Definition: Forensic Accounting is an art of investigation over accounting records, financial statements, and other related financial records. The result of the investigation is mostly used for legal support and resolving conflict. This job requires technical skills in accounting, investigation, and legal. These are what drive forensic accounting to become more attractive and highly paid. …

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