Quick Ratio: (Definition, Formula, Example, and More)

Definition: Quick Ratio is one of the Liquidity Ratios used to measure the company’s liquidity position, project, investment center, or profit center. The special characteristic of this ratio from the other Liquidity Ratios is that Quick Ratio taking account only cash and cash equivalent items for calculation and interpretation. It disregards other items which might not quickly convert …

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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? – Explained

Have you heard of the Ponzi Scheme Fraud? Or does your ears ever get to hear Enron Scandal, Tyco International Scandal, or Bernie Madoff Fraud? The world knows the words 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 …

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