Professional Documents
Culture Documents
The
In other words:
The identification, interpretation, and
communication of the evidence of economic
transaction and reporting events.
Forensic accountingis the specialty
practice area of accountancythat describes
engagements that result from actual or
anticipated disputes or litigation. "Forensic"
means "suitable for use in a court of law"
Forensic Investigation
Forensic Audit
Investigative Accounting
Investigating and analysing financial evidence.
Review of the factual situation and provision of
suggestions regarding possible courses of action.
Assistance with the protection and recovery of assets.
Co-ordination of other experts, including:
Private investigators;
Forensic document examiners;
Consulting engineers.
Assistance
Litigation Support
Assistance
Criminal Investigations
Professional Negligence
Planning Stage
Meet
Obtain
a Conflict Check
Ensure
Perform
an Initial Investigation
Preliminary investigations examination of available
information
Allows auditors to identify likely trouble areas and
assess the work to be done
Plan the Audit
It Should identify objectives to be achieved and plan
audit methodology to be used
Execution Stage
Collect
forensic auditors
Specialized computer forensic
auditors are sometimes called in,
depending on the audit