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Forensic Accounting

   Also found in: Legal, Wikipedia 0.06 sec.
Forensic Accounting
Forensic Accounting utilizes accounting, auditing, and investigative skills to conduct an examination into a company's financial statements. Thus, providing an accounting analysis that is suitable for court.

Notes:
Forensic accountants are trained to look beyond the numbers and deal with the business reality of a situation. They are frequently used in fraud cases.


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The second proposal would revise Ethics Interpretation 101-3, Performance of Nonattest Services, to add guidance on how the provision of forensic accounting and tax compliance services affects independence.
A Guide to Forensic Accounting Investigation By Thomas W.
Hydoski, who is joining Deloitte as a director in its New York office, has extensive experience in designing and developing analytical databases and "will assist Deloitte FAS with the development of new products and approaches in the forensic accounting and investigations areas," the firm said in an announcement.
 
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