In
its simplest terms, forensic accounting is about discovery and
interpretation. Utilizing the rich
information contained in accounting, financial and business transactions
and records, it attempts to answer the questions “What has happened?” and
“What does it mean?” for a wide variety of legal and business-related
activities in a wide variety of contexts.
Forensic accountants are to the accounting profession what Sherlock Holmes
is to law enforcement. A forensic accountant’s unique blend of accounting
and investigatory skills and business acumen is useful in a multitude of
situations for individuals, business enterprises, courts and attorneys
whenever the need arises to get behind the numbers, find out what’s going
on, and to interpret relevant facts, evidence and activities in a manner
that is meaningful and fully supported.