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Forensic Accounting |
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Forensic Accounting A branch of accounting that uses investigative skills to determine the accuracy of a company's financial statements in a legal dispute. The word forensic means "suitable for a court of law." Thus, forensic accountants are used in fraud investigations, breach of contract disputes, and other disagreements that require court action. Forensic accountants are often retained by one or both parties in such dispute to bolster their cases. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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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