Forensic accounting, fraud investigation using case studies
Learn about forensic accounting, the application of accounting principles in legal disputes. Discover how forensic accountants detect and investigate frauds in financial reporting. This course is suitable for students and professionals seeking to enhance their knowledge in this field.
Forensic AccounitingForensic AuditInvestigationCase StudiesThe term Forensic, according to the Webster’s Dictionary means, “Belonging to, used in or suitable to courts of judicature or to public discussion and debate. The word accounting is defined as a system of recording and summarizing business and financial transactions and analyzing, verifying, and recording the results.According to AICPA ( American Institute of Certified Public Accountants) (1993): “Forensic accounting is the application of accounting principles, theories, and discipline to facts or hypotheses at issues in a legal dispute and encompasses every branch of accounting knowledge.”According to George A. Manning, “Financial Investigation and Forensic Accounting defines Forensic Accounting as the science of gathering and presenting financial information in a form that will be accepted by a court of jurisprudence against perpetrators of economic crimesThe system of financial reporting and the accounting and auditing profession are often accused because of the appearance of frauds and the loss of trust in the reliability of financial information. Great financial frauds at the end of the past and the beginning of this century have imposed the need for deeper investigation of irregularities in the area of financial reporting. Forensic Accountants are related with deterring, detecting and investigating frauds in financial reportingIt is used for fraud examination and fraud examination covers fraud allegations from inception to disposition, including obtaining evidence, interviewing, writing reports and testifyingPlease read the course completely before purchasingWho this course is for:Students and Professionals
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