Fraud Investigation Techniques

The single most important talent a forensic accountant can have is honed fraud detection skills. When financial crimes are identified at the earliest possible stage, they can be dealt with quickly and with minimal damage incurred. By contrast, when fraud is detected at a more advanced stage, the damage done may be irreversible. The effectiveness of the fraud detection techniques the investigator works with will determine how quickly and accurately financial crimes are detected. While the learning process is continuous in this dynamic profession, a working knowledge of fraud detection techniques is vital for anyone looking to get started as a forensic accountant.  As is a sound understanding of the most important forensic audit tools and techniques in the trade.

Discover how forensic accountants use a variety of effective techniques to identify fraud at every level. Study a range of important sub-topics, including assessing fraud risk, identifying and evaluating risk factors, information gathering techniques, analytic procedures and techniques, financial statement fraud detection, billing schemes, payroll schemes, revenue recognition detection techniques and more.