FORENSIC ACCOUNTING
Forensic Accounting involves investigating and analyzing evidence that is of a financial nature. It is a combination of number-crunching and detective work that often comes into play with civil lawsuits involving financial discrepancies.
Applicable situations may include bankruptcy, asset identification, divorce, accusations of fraud, money laundering, employee theft, etc. When Forensic Accounting is performed, the evidence produced is sustainable within the legal system and the Forensic Accountant may even act as an expert witness during courtroom proceedings in order to convey the findings.
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