Forensic Accountant sets up his or her own procedures for finding fraud or wrongdoing in organizations.
Financial Auditors must follow pre-determined procedures and must follow Generally Accepted Auditing Standards, GAAS.
Result? The odds of uncovering fraud through a financial audit are minimal.
If you suspect fraud in your organization, hire a forensic accountant or fraud investigator.
Does it make sense?
Last edited by Consuelo Herrera; 03/07/09 01:55 PM.