Part A: Forensic Accounting:
1. Describe what is meant by the term forensic accounting, including the possible work that might be undertaken by forensic accountants (Note: you should discuss examples of the work undertaken by forensic accountants, possibly from media reports etc.)
Forensic accounting is also known as financial forensics which describes involvements of accountants in matters subsequent to forecasted financial disagreements and/or legal issues. It is called forensic due to its results and processes in the courts being recognized as legally valid. Forensic accountants are also generally known as forensic auditors who mostly provide financial legal proofs of some event in a court ...