Definition

Forensic accounting

Forensic accounting is an area of accounting that uses accounting, auditing, and investigative skills to conduct investigations into theft and fraud.

Share it:  Cite

More from this Section

  • Prior period adjustment
    The correction of an error in previously issued financial statements is known as a prior ...
  • Time ticket
    The time ticket is a document that indicates the employee, the hours worked, the account ...
  • Petty cash fund
    Petty cash fund is a cash fund that is used to pay relatively small amounts such as the ...
  • Auditing in depth
    The Institute of Chartered Accountants of England issued a Statement on the General Principles ...
  • Book value per share
    Book value per share represents the equity a common stockholder has in the net assets ...