Question

The role of the forensic accountant is important to fraud investigations. Give your opinion on the most important characteristics and qualities of successful forensic accountants/investigators.

Answer 1

Characteristics and qualities of successful forensic accountants/investigators should include:

• INQUISITIVE:

Accountants/investigators should have questioning mind as it is very important for investigations. This quality helps  the investigators to reach the conclusions by obtaining more evidence and clarity.

• ANALYTICAL

It is very imprtant characterstic that accountants should have as it helps in solving complex and critical issues.

This helps in solving big problems by dividing it into smaller ones.

• PERSISTENCE

Persistence plays an important role in context of fraud investigations.Forensic accountant needs to continuously request and find supporting evidences for transactions.

• VIGILANT

Accountant must be vigilant throughout the investigation and place an careful eye over the suspicious events and transactions.