What is Forensic Accounting? Definition, Types, Services, and Objectives

Forensic Accounting

Definition: Forensic Accounting is the art of investigating 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. The […]

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3 Main Purposes of Financial Statements (Explained)

Financial Reporting, Financial Statements

Overview: Financial statements report the entity’s financial transactions, position, and events, for a specific period of time and they are prepared and used for many different purposes including full filing the requirement of regulators, tax authorities, shareholders, board of directors, management of the entities and many others purposes. In general, there are five types of

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