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.

Consuelo Herrera - Accounting Editor

A typical business loses 5% of its gross revenue to fraud Report to the Nations issued by ACFE Fraud Solutions International: Fraud Prevention/Investigation and training. Contact us!
info@fraudawareness.org

Accountingwebsite
Accounting Forum