Forensic Accounting

2-11.What four disciplines make up the knowledge base of forensic accounting? Forensic accountants need to have an understanding of law, accounting, investigative auditing, and criminology. According to our text in addition to these four categories on that point is a need for forensic accountants to also have glorious ready reckoner skills and excellent oral and written communication skills (Crumbley, et.al. 2007 p. 2-3). 2-33. How invaluable is computer knowledge to a forensic accountant? I would have to say that computer knowledge is very important. electronic computer forensics atomic number 18 procedures applied to computers and peripherals for gathering evidence that laughingstock be utilize in civic and criminal courts of law(Crumbley 2007). For example in reference to amplify revenues; computer assisted audit techniques ordure be useful in identifying unusual or unhoped revenue relationships or anomalies in transactions. Essentially compute r programs can be programed look for anomalies in many areas of dissembler as well as universe able to separate and hold open evidence make by category which can be essential when red to court to give testimony. 3- 9. Where might pecuniary statement fraud occur in a alliance (e.g., what are more or less red flags)? According to SAS No.

99 double-tongued financial reporting can be committed by manipulation, falsification, or alteration of accounting records and/or supporting documents which are used to prepare financial statements. Misrepresentation in and/or well-educated omission from the financ ial statements of events, transactions, or o! ther strong information. intended misapplication of accounting principles which relate to specific amounts, classifications, means of presentation, or disclosure (Crumbley 2007). Fraud can occur in overstated revenues, management estimates relating to acquisitions, bad debt allowances, and pension and other post-retirement attain obligations, and mislead pro-formas which are easy ways to hide double-tongued cash...If you requisite to get a full essay, order it on our website: BestEssayCheap.com

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