Forensic Accounting is a
specialist area of accountancy, underpinned by protocols relating to the
identification, analysis, interpretation and communication of evidence of
economic transactions, to the established evidentiary standard of an
appropriate legal framework.
Forensic Accounting is all
about following the money trails. This may sound simple, and as a concept it
is, but the reality also is that those who have handled the money, usually do
not want the trail followed as it may not only lead to them, but also back to
Accountants are skilled at examining evidence to determine
where the money came from, to whom it went, how it got there and the forms that
it may have changed into along the way.