What is Forensic Accounting? Myth: Forensic accountants sit at - TopicsExpress

What is Forensic Accounting? Myth: Forensic accountants sit at their desks all day, dusting balance sheets and income statements for fingerprints. Fact #1: Forensic accounting is an integrated world of accounting, auditing and investigation. The term “forensic” implies “suitable in a court of law”. Fact #2: Forensic accountants must be thorough, inquisitive and concise in order to always meet a standard suitable for courts to discuss and debate their findings. Fact #3: Forensic accountants can take part in legal proceedings by providing visual aids or by testifying. Fact #4: Some of the many organizations forensic accountants work with include law firms, banks, government entities and a wide variety of businesses.

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