Often the mention of an accounting career can put a yawn in some and invoke a slumber in many. But, those who know about the exciting field of forensic accounting understand that accounting isn’t necessarily boring! Aimed at exposing those who practice risky financial practices, forensic accountants often work directly with the FBI and/or law enforcement to ensure that justice is served.
Learning about the history of famous fraud cases from the early 1900’s through today along with what being a forensic accountant really entails by checking out the infographic below, courtesy of New England College’s Online MS in Accounting.
I’m an audit software developer/I.T. Auditor and would like some feedback from some forensic accountants who use CAATs (Computer Assisted Audit Techniques) audit software for performing their investigations. I’d like to develop a tool kit of various audit software forensic tests and would appreciate what type of tests forensic accountants would suggest developing that would flag inappropriate activities to investigate. Also, if there are any forensic accountants not using audit software who have ideas for testing for fraudulent activities please post your suggested tests and ideas.