Tuesday 1 May 2012

The role of a forensic accountant

Forensic accountant or investigative auditor – whatever the title, the role can cover many interesting areas in both civil and criminal cases. You many find yourself working on valuation cases in a contractual dispute or scrutinising accounts looking for proof of embezzlement. Economia, the magazine of the ICAEW (Institute of Chartered Accountants in England and Wales), has an article this month on the rise of forensic accounting, particular linked to the increasing globalisation of business and offshore transactions. Experienced professionals are also often called upon as expert witnesses in court. In fact the ICAEW now offers an ‘expert witness accreditation’ scheme. Gavin Pearson is a forensic director and explains that standing as an expert witness requires similar professional skills such as “a good grasp of the facts, the willingness to engage with someone who challenges you, ask questions and read between the lines.” For more on the role of a forensic accountant and why they are in demand, read the full article http://economia.icaew.com/Business/Forensic-accounting

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