Which of the following is a difference between a forensic accountant and an accountant or auditor?
A) A forensic accountant works with complete information, whereas an accountant or auditor works with incomplete information.
B) A forensic accountant commonly works backward, whereas an accountant or auditor typically works forward.
C) A forensic accountant works with financial ratios, whereas an accountant or auditor works with internal reports.
D) A forensic accountant uses professional skepticism while conducting the analysis, whereas an accountant or auditor has a more open mindset.

Question

Quizplus · Accepted Answer

A forensic accountant commonly works backward by analyzing past financial activity to identify irregularities or fraud, while an accountant or auditor typically works forward by examining current financial statements and reports to ensure accuracy and compliance.

Which of the Following Is a Difference Between a Forensic