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Forensic accounting is the practice of utilizing accounting auditing and investigative skills to assist in legal matters to obtain an accurate result to establish the accountability for administrative proceeding. You may be wondering, why study forensic accounting?
Written by admin on April 8th, 2010 with no comments.
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Forensic accountants are specially trained to apply the knowledge in auditing, accounting and finance as well as utilizing the investigative skills to uncover the truth in illegal financial activities, assist in investigating potential crimes and form legal opinions.
Written by admin on April 8th, 2010 with no comments.
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Forensic Accounting is not new to the job world. It is what helped Elliot Ness put Al Capone behind bars for tax fraud. (Al Capone is America’s best known gangster and the single greatest symbol of the collapse of law and order in the United States during the 1920s Prohibition era. Capone had a leading role in the illegal activities that lent Chicago its reputation as a lawless city. Ness was the Head of Operations under Volstead Act, targeting the illegal breweries and supply routes of Capone).
Written by admin on April 8th, 2010 with no comments.
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