Forensic Accountant Duties
Forensic accountant mainly identifies any type of irregularity in the books of the company. The main duties of any forensic accountant are as follows,
1. Statement Review: They review the statement of the company to find out any irregularity in the same. By reviewing the statement, they can also analyze any type of fraud.
2. Document Review: They review all the documents of the company such as invoices, contracts, bank records, and any other financial documents.
3. Fraud Detection: Forensic accountants detect any type of fraud in the company by doing an investigation of the records of the company.
4. Assets Tracing: They also trace the assets of the company and from where such assets have come from and they also check whether any assets are involved in any type of illegal activity.
5. Data Analysis: They analyze all the data of the company, they use different scientific techniques to analyze that data as the amount of the data is very large and they have to identify any abnormalities in the data.