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Post by Zahid Rupani, CPA, CGMA on Feb 18, 2013 12:52:48 GMT -5
Forensic accounting, sometimes called investigative accounting, involves the application of accounting concepts and techniques to legal problems. Forensic accountants investigate and document financial Fraud and white-collar crimes such as Embezzlement. They also provide litigation support to attorneys and law enforcement agencies investigating financial wrongdoing.
Many different organizations consult forensic accountants. Corporations hire forensic accountants to investigate allegations of fraud on the part of their employees, suppliers, or customers. Attorneys consult forensic accountants to obtain estimates of losses, damages, and assets related to specific legal cases in many areas of the law, including Product Liability, shareholder disputes, and breaches of contract. In criminal investigations, forensic accountants analyze complex financial transactions such as those in Stock Market manipulations and price fixing schemes. They also help governments achieve compliance with various forms of regulation.
Forensic accountants typically become involved in financial investigations after fraud auditors have discovered evidence of deceptive financial transactions. After conducting an investigation, they write and submit a report of their findings. When a case goes to trial, they are likely to testify as expert witnesses.
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Post by gregnanigian on Aug 14, 2013 7:17:46 GMT -5
In a high school students always think about their future careers. Their abilities and likings persuade and push them to the definite choice. Some of them want to become a scientist, a teacher, a lawyer or a policeman. There are a lot of professions but still, people should know what job they really want and go forward to their dream. tenant check
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Post by denis50 on May 5, 2017 2:45:21 GMT -5
Thanks a lot for this informative share! Pleased to read such a knowledgeable post. I have been seeking expert advice for best financial investment options but having a hard time in finding a certified financial advisor Las Vegas to consult with. Hope to find a reputed advisor soon.
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