Forensic accounting is a unique combination of education and experience applied to accounting, auditing and investigative skills to uncover the truth.
Forensic accountants are more than just number crunchers who work on criminal and civil cases. Forensic accountants possess special skills in specific industries such as tax, insurance, banking, mortgage, employment and learn the business practices related to those fields.
Forensic accountants are actively looking for signs of fraud and must look beyond the numbers and anticipate criminal actions. Forensic accountants conduct interviews to obtain individual stories. Forensic accountants must possess observational skills to pick up hints or suspicious clues.
After collecting evidence a forensic accountant begins the analysis. Then the forensic accountant writes a report explaining his or her opinions and conclusions.
Forensic accountants provide litigation support. Attorneys engage forensic accountants to review evidence and testimony and explain its significance. A forensic accountant can tell the attorney what additional information is needed to prove the case and what questions to ask a witness.