Forensic accounting can be defined as ________.

Question

Quizplus · Accepted Answer

Forensic accounting involves using accounting and auditing skills in legal proceedings, whether civil or criminal. It includes investigations into possible fraud or financial misconduct, but also extends to calculating financial damages and providing expert testimony in court. Options A and B are more closely related to fraud investigation and corporate governance, respectively, and option C is a general accounting function that does not necessarily involve legal action.

Forensic Accounting Can Be Defined as ________