Fraud Auditor and Forensic Accountant-
- Fraud occurs generally by internal employees, shareholders and
revenue auditors during preparation of annual general financial
reports. But forensic accountant is appointed to catch hold these
errors and resolve disputes between customer and vendor.
- Forensic accountant will verify the financial statement with
standard guidelines and procedures in order to find any
manipulation occurred by auditor or company employees.
- Fraud auditors tried to make evasion in money trials and cash
flow statements. But forensic accountant will apply advanced
technology to estimate those hiding or suspense account values in
the report.
- Asset reconstruction will get affect by fraud activities. So
that forensic accountant will apply CDR methodology to calculate
the deleted data amount from the system.
- Forensic audit reports are fact based and follows internal
control guidelines to find out weakness in the audit process. So
that company can be able to avoid future losses.
Thank you! All the best for your exam!