A forensic audit is an examination and evaluation of a firm\'s or individual\'s financial records to derive evidence that can be used in a court of law or legal proceeding.
A forensic audit is an examination and evaluation of a firm\'s or individual\'s financial records to derive evidence that can be used in a court of law or legal proceeding.
Forensic auditing is a specialization within the field of accounting, and most large accounting firms have a forensic auditing department.
Forensic audits require the expertise of accounting and auditing procedures as well as expert knowledge about the legal framework of such an audit.
Forensic audits cover a wide range of investigative activities. A forensic audit may be conducted to prosecute a party for fraud, embezzlement, or other financial crimes.
In the process of a forensic audit, the auditor may be called to serve as an expert witness during trial proceedings.
Forensic audit investigations can uncover, or confirm, various types of illegal activities. Usually, a forensic audit is chosen, instead of a regular audit, if there is a chance that the evidence collected would be used in court.
We have valuable strategic partners who undertake the forensic audit for our clients.
