Forensic Accounting For Dummies - Paperback

by Frimette Kass-Shraibman (Author), Vijay S. Sampath (Author)

A practical, hands-on guide to forensic accounting

Careers in forensic accounting are hot-US News & World Report recently designated forensic accounting as one of the eight most secure career tracks in America., Forensic accountants work in most major accounting firms and demand for their services is growing with then increasing need for investigations of mergers and acquisitions, tax inquiries, and economic crime. In addition, forensic accountants perform specialized audits, and assist in all kinds of civil litigation, and are often involved in terrorist investigations. Forensic Accounting For Dummies will track to a course and explain the concepts and methods of forensic accounting.

• Covers everything a forensic accountant may face, from investigations of mergers and acquisitions to tax inquiries to economic crime
• What to do if you find or suspect financial fraud in your own organization
• Determining what is fraud and how to investigate

Whether you're a student pursuing a career in forensic accounting or just want to understand how to detect and deal with financial fraud, Forensic Accounting For Dummies has you covered.

Back Jacket

A practical, hands-on guide to forensic accounting

Forensic accountants investigate economic crimes, perform risk assessments, assist in all kinds of civil litigation, and provide expert testimony. If you're pursuing a career in this exciting field or just want to understand how to detect and deal with financial fraud, this hands-on, friendly guide gives you plain-English explanations of the concepts and methods of forensic accounting.

• Forensic accounting 101 -- get the scoop on who seeks out the services of a forensic accountant and the many types of services you'd be expected to provide
• Who's cooking the books? -- discover the types of fraud that take place within a business, from financial statement fraud to inventory fraud
• Can't always bank on friendship -- find out how forensic accountants help victims of fraud perpetuated by friends, family members, neighbors, and business partners
• Put on your investigator's hat -- detect the perpetrators of fraud and their methods by using the latest technology and investigative tools

Open the book and find:

• The most common fraud schemes
• Frauds committed against businesses and individuals
• How to spot and uncover financial statement fraud
• Tips for identifying altered revenue statements
• A detailed look at the litigation process
• Ways to identify electronic scams
• Stories of real fraud cases, some nearly unbelievable
• Job opportunities with the IRS and FBI

Author Biography

Frimette Kass-Shraibman is Associate Professor of Accounting at Brooklyn College -- CUNY.

Vijay S. Sampath is Managing Director in the Forensic and Litigation Consulting business segment of FTI Consulting, Inc.