Forensic Accounting and Financial Statement Fraud, Volume I Fundamentals of Forensic Accounting

The existence and persistence of high profile alleged financial statement fraud (FSF) have negatively affected the safety and soundness of financial markets and investors con dent in public financial information. Forensic accounting has advanced as an important and rewarding field of accounting to prevent, detect and correct FSF. There has been significant demand for and interest in forensic accounting as well substantial growth in both investigation and litigation services.

The first volume addresses the relevance and importance of forensic accounting and fraud examination as well as the framework and structure of forensic accounting practices. The author presents an introduction to forensic accounting and financial statement fraud examination and their relevance and importance to businesses, financial markets, economies and society. Also dis- cussed is forensic accounting opportunities, skills, and services;forensic accounting profession; and professional responsibilities and codes of conduct for forensic accountants. Finally, forensic ac- counting best practices, education, and research are touched on.