Forensic Accountants Essay

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Forensic Accounting is important because they help dig deep and are able to assist law enforcement with catching criminals. Forensic accountants play important roles in embezzlement and accounting fraud cases. The accountants look into the books and transactions made by a corporation or individual to find discrepancies and things that just do not belong. Forensic accounts provide law enforcement with evidence for a case that isn’t readily seen by the naked eye. Forensic accountants have played major roles in cases such as Orinda-Moraga Disposal Services, and Sunbeam. Five Skills Forensic Accountants Should Have Forensic accountants should have many skills. In addition to their knowledge, forensic accountants should posses certain skills. They should have analytical skills (Freeman, 2011). Forensic accountants should be able to analyze situations and financial statements. They should have an eye for identifying discrepancies. Forensic accountants will often need to read between the lines and think outside the box to solve problems. Forensic accountants should also have a keen eye for detail. The forensic accountant should be able to comb through hundreds of records and point out the mistake. Forensic accountants need to be able to spot out the smallest mistakes or infractions. Looking for even the smallest detail can help to make or break a case. Being able to research and find details to help solve a case. Being able to interpret and gather data is another important skill a forensic accountant should have. Being a forensic accountant can require a lot of research. Essentially the forensic accountant is looking for any anomalies within the individual or company’s financials. The data the accountant gathers will need to be interpreted to determine an outcome. Gathering and interpreting data will help for forensic accountant when communicating
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