Together, Reducing Fraud Worldwide

  • Forensic Accountant

    Forensic Accountants combine their accounting knowledge with investigative skills, using this unique combination in litigation support and investigative accounting settings. Forensic Accountants may be employed by public accounting firms’ forensic accounting divisions, by firms specializing in risk consulting and forensic accounting services, or by lawyers, law enforcement agencies, insurance companies, government organizations, or financial institutions. Due to society’s heightened awareness and growing intolerance of fraudulent activity, demand for forensic accountants is rapidly increasing.
     

    Engagement Area Examples
     

    Forensic Accountant

    Money laundering
    Insurance claims
    Employee fraud investigations
    GAAP violations
    GAAS violations
    Telemarketing fraud
    Check kiting
    Contract and procurement fraud
    Asset misappropriation
    Securities fraud
    Financial statement fraud
    Bankruptcy fraud
    Credit card fraud
    Embezzlement



    Types of services performed 

     

    Financial data analysis
    Evidence integrity analysis
    Computer application design
    Writing reports
    Compiling information
    Testifying as an expert witness
    Eliciting other experts’ assistance
    Maintaining documentation
    Damage assessment
    Tracing illicit funds
    Locating hidden assets
    Due diligence reviews
    Forensic intelligence gathering
    Business valuation



     Useful skills, characteristics and subject areas of knowledge  

     

    Accounting procedures
    Legal system and its procedures
    Present value and discount rates
    Regression analysis
    Computer applications
    Interpersonal communication
    Oral communication
    Written communication
    Summarize results
    Research skills
    Detail-oriented
    Analytical
    Professional skepticism
    Professional judgment
    Professional competence
    Integrity
    Objective
    Independent
    Credible

     

    Education and Training 

     

    Bachelor’s and/or Master’s degree in Accounting
    Additional education in Criminal Justice and Law Enforcement
    Certified Public Accountant designation
    Certified Fraud Examiner credential