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What is forensic accounting?


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Forensic accounting is the specialty practice area of accountancy that describes engagements that result from actual or anticipated disputes or litigation. 'Forensic' means 'suitable for use in a court of law', and it is to that standard and potential outcome that forensic accountants generally have to work.

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Accounting that is suitable for legal review, offering the highest level of assurance, and arrived at in a scientific fashion.

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Forensic accounting is the practice of utilizing accounting, auditing, and investigative skills to assist in legal matters.

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