Forensic Accounting

2-11.What four disciplines make up the knowledge base of rhetorical accounting? Forensic accountants need to have an understanding of law, accounting, inquiring auditing, and criminology. According to our text in addition to these four categories in that respect is a need for forensic accountants to also have fantabulous reckoner skills and excellent oral and written communication skills (Crumbley, et.al. 2007 p. 2-3). 2-33. How valuable is computer knowledge to a forensic accountant? I would have to say that computer knowledge is very important. electronic computer forensics atomic number 18 procedures applied to computers and peripherals for hookup evidence that laughingstock be utilize in well-mannered and criminal courts of law(Crumbley 2007). For example in reference to exaggerated revenues; computer assisted audit techniques ordure be useful in identifying unusual or unhoped revenue relationships or anomalies in transactions. Essentially com puter programs can be programed look for anomalies in many areas of finesse as well as being able to separate and hold open evidence organise by category which can be essential when press release to court to give testimony. 3- 9. Where might pecuniary statement fraud occur in a alliance (e.g., what are slightly red flags)? According to SAS No.

99 double-tongued monetary reporting can be committed by manipulation, falsification, or alteration of accounting records and/or supporting documents which are used to prepare financial statements. Misrepresentation in and/or knowledgeable omission from th e financial statements of events, transactio! ns, or other strong information. well-educated misapplication of accounting principles which relate to specific amounts, classifications, means of presentation, or disclosure (Crumbley 2007). Fraud can occur in overstated revenues, management estimates relating to acquisitions, bad debt allowances, and pension and other post-retirement attain obligations, and shoddy pro-formas which are easy ways to hide double-tongued cash...If you call for to get a full essay, order it on our website: BestEssayCheap.com

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