Joe Salitino

| (TCO A) An AICPA committee in 1986 broke forensic accounting into two broad areas:

Once a fraud examination has been completed the fraud examiner often is called upon to testify before judicial authorities regarding the findings. Investigators must be detail-oriented when it comes to evidence admitted during a trial. If evidence processing is not done correctly, an innocent person may be convicted of a crime that was never committed. Prove that the alleged fraudster made a misrepresentation by obtaining the accurate copy of the documents like the claims forms or medical records where it contain the false statement. Prove that Altamirano knew that his representation was false; and he intend to mislead and obtain a financial benefit from another party. Keeping evidence intact and using the correct tools and procedures as

Forensic accountants plan, implement and oversee complex auditing investigations that support litigation activities. They analyze paper and digital bank, financial and business records. They use database tools to extract and summarize quantitative data that is transformed into financial models that are used in litigation. They also research and analyze qualitative data relevant and provide reports summarizing the results. Forensic accountants conduct quality reviews on previous and current work projects to ensure data accuracy and integrity is maintained. Forensic accountants are usually Certified Public Accountants (CPAs) or Certified Fraud Examiner (CFEs). They must have expert knowledge of common fraud schemes and data analysis techniques. They also need to have the demonstrated ability to manage

They need mathematical models that speed calculations for special business scenarios. They also require entering customer information to produce reports that guide the advice that they offer clients.

Each pieces of evidence must be handled and shorted with care according to established produces. The working conditions most of the forensic analyst time will be sent inside a laboratory conducting test on key pieces of evidence at times an analyst will also be required to visit crime scenes in order to collect and secure evidence. The schedule of a analyst will vary depending on the specific needs of the criminal investigations that are taking place. During high profile cases a forensic analyst can expect to put in long stressful

Forensic Accountants is the specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation” (What is a Forensic Accountant?). These accountants work in court disputes in which they give evidence during the trail. Forensic Accountants deal with cases that include fraud and professional negligence claims . The median annual salary of a Forensic Accountant starts at $65,940 and can increase based on experience and specialization within the field. Job opportunities include obtaining employment from private corporations or firms, to government organizations such as police departments or the FBI.

Embezzlement is a common crime in large corporations, especially those where Chief Financial Officers (CFOs) operate under autonomy on fiscal activities. The organization that called upon us is huge in terms of personnel employed; however, their Information Technology (IT) department isn’t staffed or trained adequately for thoroughly investigating crimes of this nature. It is this reason the organization has reached out to the police department; where I hold the position as Chief of the digital forensics division, whose division with spearhead the investigation procedure. Capturing all the evidence used to commit crime will be tedious & complicated, but well within our sphere of capabilities (Nelson, Phillips, & Steuart, 2010, p. 14).

In the analysis phase, examiners seek to understand the situation by connecting evidence found to the questions that were the catalyst for the forensic examination. They explain what was found and create a picture by presenting a timeline that corroborate the evidence presented. Principally, investigators document all their analysis, explain the relevancy of evidence provided, and report the results of the analysis to the requestor or the person in charge.

Forensic accounting is the use of investigative and analytical skills for the purpose of resolving financial issues in a court of law. Forensic accountants need skills in accounting, auditing, finance, quantitative methods, certain areas of laws, research and investigative skills to collect, analyze and

The lead forensic analyst will be accountable for the forensic analyst team. He or she will maintain a thorough chain of custody of evidence, including the documentation of investigation processes and a final analysis, providing reproducible results and an inventory of evidence examined. He or she will submit relevant reports to appropriate investigative agencies. The lead forensic analyst may testify in a court of law as an expert witness. He or she will attend conferences and training to ensure awareness of new technology and forensic methods.

Kessler specializes in forensics accounting. Forensics accounting is a career for accountants in which they utilize their skills to investigate and analyze financial documents. They use many applications (some of which they have worked to create) to report their findings in documents and in court proceedings. At Kessler, “[their] specialists conduct comprehensive analysis of business records and practices to identify suspicious accounting procedures and other financial irregularities. Should a problem be found, these skilled professionals can diagnose the cause. (Kessler Forensics Accounting)” Their accountants work for people around the world to

Judge Accountants provides proactive strategies designed to consider all aspects of a client's financial life, opening up possibilities to help the client, his or her loved ones and business to achieve the best financial

Today’s auditors must possess additional skills in order to perform their work. As more and more businesses use information technologies (IT) and set up an information system (IS) to process all their data, auditors must get acquainted with essential aspects of their clients’ information systems and also make use of information technology in order to perform their duties. In this essay, we will attempt to answer the following two questions: 1) “What aspects of clients' accounting information systems must be understood by auditing professionals?” and 2) “How should auditing professionals use their firm's information technology in performing their work?”

According to AICPA, “Forensic Accounting is the application of accounting principles, theories and discipline to facts or hypothesis at issues in a legal dispute and encompasses every branch of accounting knowledge.”

witnesses also are included in the case. The primary issue in this case (drawn from actual