AICPA Forensic Q&A - Week 4 | AccountingWEB

AICPA Forensic Q&A - Week 4

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.





 

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.