What Are The Uses Of Forensic Accounting?
Forensic accounting is the term used to denote an accounting branch which typically covers a wide range of issues which may require legal testimony. Some of the topics investigated include money laundering, theft, and fraud. Evaluating the monetary value of losses sustained by a business or determining its true value may also be performed by a forensic accountant. Not only must the who, what, and how be determined, but evidence must be presented in an understandable format for the court.