What is Forensic Accounting and Fraud Examination?
Forensic accounting is the application of accounting, auditing, and investigative skills to assist in legal matters. It involves the examination of financial information to investigate and prevent fraud, and to provide evidence in legal proceedings such as civil lawsuits, criminal trials, and regulatory enforcement actions. Forensic accountants may also be involved in disputes and litigation, such as determining damages in a breach of contract case, or providing expert witness testimony in court.