المحاسبة الجنائية

Why Forensic Accounting is Needed?

Because of the detail of work involved, the skills of the average accountant and editor is often inadequate. A forensic accountant is different from the average accountant because the skills that they need involve being something of a detective, investigator, examiner and even an expert witness all rolled into one.

A forensic accountant’s job is to uncover every detail behind a possible corruption case that could have occurred – what happened, how it happened and who was behind it. A forensic accountant is a financial version of a detective, and they must be knowledgeable when it comes to fraud management and business processes to be able to detect the misconduct.

What is a Forensic Accounting?

Forensic Accounting Is a process conducted by a certified forensic investigator. A certified fraud examiner handles the disputes and takes necessary steps to sort them wherein he combines the combination of accounting knowledge along with the investigating skills while supervising the corporate accounts.

Forensic accounting services an area of accounting where the accountant is required to use their set of skills to investigate cases of fraud or embezzlement that could have taken place within a company or organization. Using these skills, it is the accountant’s job to analyze the financial information on hand and use it in the legal proceedings that will follow the case.

Economic conditions are getting tougher as we move forward, and Qatar is leading the way as the demand for more forensic accounting services continues to grow amidst tough economies and corporate governance. Why the demand exists is because companies are now being more closely scrutinized, and in an attempt to keep fraud at bay, growing efforts are needed to detect and prevent it in addition to taking legal action against those guilty of the charges.