AICPA Forensic Q&A - Week 4
by AICPA on
|What are the common skills possessed by Forensic Accountants?|
|They involve both fundamental forensic knowledge (an understanding of the legal system, rules of evidence and the courts) combined with a heavy emphasis on a specialized forensic area such as Bankruptcy, Computer Forensic Analysis, Economic damages, Family Law, Financial Statement Fraud, Fraud Prevention, and a general understanding of Valuation.|
|Do attorneys recognize the CFF Credential?|
|Through outreach efforts, the legal profession is beginning to appreciate the value of the CFF credential. One of the reasons for the launch of the CFF credential was that there was a market demand for a person who specializes in Forensic Accounting.|
|Must I have a CFF Credential to testify in Court?|
|No, but an understanding of the Body of Knowledge for the Forensic Accountant will provide a great deal of assistance in both understanding the legal environment as well as the various specialized areas of Forensic Accounting.|
You may like these other stories...
The Financial Accounting Standards Board (FASB) said on Monday it will reach out to stakeholders about an accounting standard on fair value measurements, after a recent review of the standard noted that some investors found...
Accounting’s Big Data problemReality is swiftly outpacing the ability of accountants to gauge Big Data. In an article for CFO, David M. Katz asked, “What needs to happen for them to start to catch up?”...
Outsourcing loses its luster for US tech companiesEmily Chasan, senior editor of the Wall Street Journal’s CFO Journal, reported today that technology companies in the United States are putting the brakes on plans to...
Upcoming CPE Webinars
BAR is an acronym for: Boundaries, Authority and Role. This simple tool will provide participants with a solid understanding of leadership essentials to improve their performance.
This material is designed to provide a start-to-finish overview of how to plan and complete high-quality small audits efficiently.
In this session Excel expert David H. Ringstrom, CPA shares numerous techniques that you can use to work with charts more efficiently.
Key Accounting and Reporting Issues for Nonprofits No. 1: Overview and Statement of Financial Position
This material focuses on non-profit organizations organization, accounting and reporting.