Forensic accounting isn’t new. After all, frauds are as ancient as civilization. The profession has become fashionable, thanks in part to the accounting scandals in Enron Corp., Tyco International, WorldCom Inc., in the early 2000s to the recen
Forensic accountants must preferably have graduated in accounting or economics. In the US, the CPA qualification or certification in Forensic Accounting from AICPA helps...
Forensic accounting is a triage of accounting, auditing, and investigative skills. As a forensic accountant, you are a bloodhound, not a passive watchdog, and are brought in to sniff financial shenanigans.
For the forensic accountant, the canvas is broad: from investigating frauds to assessing the financial impact of calamities. To that extent, unlike a regular audit, evidence collection and analysis should be more detailed and more precise.