Preview
Preview

Essay about Forensic Accounting

:: 5 Works Cited
Length: 2273 words (6.5 double-spaced pages)
Rating: Aqua      
Open Document




- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Forensic Accounting

When I hear the word ‘Forensic’ the idea and image of a homicide investigation in which evidence gathered is analyzed at a laboratory to determine ‘who done it’. Shows like CSI, Bones, Law and Order depicts the forensic aspect in their broadcast. Being a registered nurse, another thought comes to mind when hearing the term ‘forensic’. I like to watch Dr. G medical examiner on the Discovery channel. That is a reality show regarding investigative research on how a person died. This is done by performing an autopsy and analyzing the pathological reason for a death to determine if foul play was involved. However, I rarely placed the thought that accounting can have a forensic aspect, too. I was always under the impression that auditors were the forensic accountants. Internal Revenue Agents to audit income tax filings to make sure all income are reported, and deductions have receipts as supporting evidence. Certified Internal Auditors to look at business operations and financial statements within a corporation to make sure internal controls are in place, financial statements are properly recorded, and government regulations have been met. External auditors perform audits for SEC compliance and to attest that the company is in good standings to ensure protection of the public interest. These auditors, in essence, would be able to detect fraud in their job when reviewing audit trails and documentations. Needless to say, I my conception have been construed. There is a whole new field of accounting that is on the rise, which specifically deals with fraud detection. This is called Forensic Accounting. This area sparked my interest.
In this paper, I will elaborate on 1. What is a forensic accounta...


... middle of paper ...


...p://ezinearticles.com/?The-Purpose-of-Sarbanes-Oxley&id=410262
Bologna, Jack, Lindquist, Robert, Wells, Joseph, & Jones, Peter. (2004). Fraud and corruption in public services. Gower Publishing Company.
Steensma, Stephanie. (2010, August). Forensic accounting vs. auditor [Web log message]. Retrieved from http://www.ehow.com/facts_5929119_forensic-accounting-vs_-auditor.html#ixzz0wFj8if3U

Ness, Eliot, & Hoover, J. (2010, August). Gotcha! How forensic accounting brought about the downfall of Al Capone. Retrieved from http://www.bbforensic.com/blog/gotcha-how-forensic-accounting-brought-about-the-downfall-of-al-capone.html

Interviewing technique for investigations and audits. (2010, August). Retrieved from http://www.aicpa.org/InterestAreas/ForensicAndValuation/Resources/ForensicAcctg/ForensicAccounting/Pages/Interviewing%20Techniques%20for%20Investigations%20a


Click the button above to view the complete essay, speech, term paper, or research paper

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »







This essay is 100% guaranteed.


Title Length Color Rating  
A Career in Forensic Accounting Essay example - ... They can be a part of criminal investigations, personal injury claims, fraud investigations, matrimonial disputes, professional negligence cases, expert witness cases, and a part of mediation or arbitration. They work alongside lawyers, police and law enforcement agencies, government departments, banks and financial institutions. The opportunities are great and the many different groups you could work with make it an exciting opportunity. Even though forensic accounting is relatively new to some of society, as incidence of white collar crime continues to increase, the demand for forensic accountants will increase (Idowu, 2011)....   [tags: define, statistics, feedback] 937 words
(2.7 pages)
Better Essays [preview]
Overview of Forensic Accounting Essay - Introduction What is forensic accounting one might ask. It has been on the rise lately and has been talked about for years, but do people really know what it is. Well look no more; you came to the right place. This paper will discuss the ends and outs of forensic accounting. For example, the certifications required to become one, the history of forensic accounting and many different types of crimes that forensic accounts handle. Forensic accounting is an investigative style of accounting used to verify whether a single or company has occupied with any illegal financial movement (Forensic Accounting Online, 2013)....   [tags: Illegal Activites, Employee Fraud]
:: 15 Works Cited
2982 words
(8.5 pages)
Strong Essays [preview]
Essay about Forensic Accounting - Forensic Accounting When I hear the word ‘Forensic’ the idea and image of a homicide investigation in which evidence gathered is analyzed at a laboratory to determine ‘who done it’. Shows like CSI, Bones, Law and Order depicts the forensic aspect in their broadcast. Being a registered nurse, another thought comes to mind when hearing the term ‘forensic’. I like to watch Dr. G medical examiner on the Discovery channel. That is a reality show regarding investigative research on how a person died....   [tags: Business Ethics]
:: 5 Works Cited
2273 words
(6.5 pages)
Term Papers [preview]
Essay about The Effects of Technology on the Accounting Field - Technology in the accounting field has come very far, from the abacus to modern day accounting software. E-Business, work being done through networks, is taking the accounting field to a more future computerized world, leaving the pen and paper behind. With all the new technologies, the profession of accounting is growing and expanding and proving that information and skills provided by accountants using modern technologies can spill over and help other parts of a business. Even with all the down falls that accounts have taken, from the stock market crash of 1929, and the fall of companies such and Enron, World Com, and Tyco....   [tags: e-business, convenience, forensic ] 1074 words
(3.1 pages)
Strong Essays [preview]
Essay Accounting Career Resorces - Title Accounting Career Resorces Accounting my field of study The purpose of accounting is to provide the information that needed to make sound economic decisions. It is one of the oldest professions in the world today, and the backbone of any business operation. It is not just about numbers, accounting is about planning. Accounting has many subfields, which includes management accounting, financial accounting, and cost accounting. Accounting can be a prestigious career, but to achieve that prestige you will have pass the CPA (Certified Public Accountant) exam and become a licensed accountant, and with that license you can work in any of the subfields....   [tags: Accounting] 1868 words
(5.3 pages)
Powerful Essays [preview]
Essay on Skills of a Forensic Accoutant - Introduction In this paper you will read about the most important five (5) skills that a forensic accountant needs to possess and evaluate the need for each skill. The presentation includes discussion regarding the relationship between the skill and its application to business operations. The paper describes the role of a forensic accountant within a courtroom environment, the legal responsibility a forensic accountant has while providing service to a business and finally, The paper also presents two (2) cases where forensics accountants have provided vital evidence in a case and summaries of the two cases and the importance of the forensic accountants’role during each case....   [tags: Critical Thinking, Problem Solving]
:: 13 Works Cited
1593 words
(4.6 pages)
Powerful Essays [preview]
Essay on Foensic Accounting - Foensic Accounting Corporations are often the victims of the most common white-collar crimes that occur in corporate America. According to the Association of Certified Fraud Examiners (cfenet.com), “abuse and fraud by employees cost U.S. organizations more than $400 billion annually…[which equals] $9 per employee per day.” These statistics show the corporate need for forensic accountants, there also is an immense demand for these specialized accountants in the private sector. For example a forensic accountant is used to “quantify economic loss” (askhal.com) in personal injury cases....   [tags: BTEC Business Marketing GCSE Coursework] 886 words
(2.5 pages)
Better Essays [preview]
The Pros and Cons of being an Accountant Essay - One of the most important jobs is an accountant. They very important because taxes are very complex and they are changing every year. They work on businesses records of assets and liabilities. There are many things to consider before becoming an accountant. They need a good education have a good math background. The nature of the work for an accountant is to maintain records of the assets and debts for a business or an individual and keep records of all financial transactions. They use this information to project the financial future of the business (“Wiscareers”)....   [tags: accounting]
:: 4 Works Cited
1104 words
(3.2 pages)
Better Essays [preview]
The Three Main Accounting Professions Essay - ... The life of an accountant is important but what is more important is how they get the job. I’ll be discussing the employment of these three accountants. A Chartered Accountant works in many industries and businesses 8. They tend to work in commerce businesses but could also work overseas, at the government and public practice 8. Chartered Accountants are usually individual workers but they can become self-employed 8. A Certified General Accountant can work anywhere but will likely work in the government, educational institutions and charities 9....   [tags: Chartered, Certified General, Certified Management]
:: 7 Works Cited
1020 words
(2.9 pages)
Better Essays [preview]
Using Forensic Science to Identify Criminals Essay example - Using Forensic Science to Identify Criminals Rape, murder, theft, and other crimes almost always leave a devastating mark on the victim. More often than not, it would be impossible to identify the perpetrator a crime without forensic science and the technology it uses. Forensic science allows investigators to unmask the secrets of the crime scene. Evidence gathered at the crime scene helps to identify the guilty party, murder weapon, and even the identity of the victim (Harkawy, 1991: 276). The new technologies enables the forensic experts to have better and faster access to accumulated information, to be more accurate in the identification of victims or delinquents, and minimizes the possi...   [tags: Papers] 1906 words
(5.4 pages)
Strong Essays [preview]