An accountant makes sure that a company’s records are accurate, taxes are paid and the company is operating efficiently, or at least he/she should be.
A forensic accountant is someone who investigates and identifies illegal activities, such as, white collar crimes, employee fraud, bankruptcy fraud, credit card fraud, check kiting or embezzlement.
He/she also can perform a variety of other duties, including, but not limited to: 1) Due diligence reviews, analysis of financial data and evidence integrity. He/she can also testify as an expert witness.
As a forensic accountant I try and bridge the gap between accounting and criminal justice, by analyzing financial evidence and provide relevant findings. I also have to have a keen mind towards creativity, have perseverance, integrity, curiosity, organization and attention to detail.
Some of the celebrities that have been investigated by forensic accountants include:
Sir Paul McCartney
Other areas that forensic accounting can be useful in are:
- Partnership differences
- Beneficiary disagreements
- Stockholder issues
- Due diligence for the buying and selling of businesses
- Due diligence regarding real estate transactions
- Basically, anywhere there is a disagreement between 2 or more parties
Please feel free to contact Jerry, either by phone or email, to discuss how I can help you with your concerns on the types of issues discussed above.