Forensic Accounting and Its Role in Financial Investigations

Changes in society's expectations, technical and technological advances, as well as a series of accounting scandals of legal entities from almost all branches of the economy, have created new and more rigid laws to avoid repeating them.

In the current increasingly complex business environment, there is a great demand for people who know other areas besides auditing, accounting and financial reporting, including knowledge of legal laws and legislations, actuarial, software tools, and even personality psychology. Given the fact that forensic accounting is an interdisciplinary field, it has been placed in the "front lines of crusades" against financial fraud.

The word forensic, comes from the Latin adjective “forensic”, which points to the one in the square. In ancient Rome, a forum or square represented the place where various commercial affairs were carried out, debates, and often trials where a person charged with a criminal act had to appear before a group of individuals in the forum and, together with the person who accuses him or her, answer questions about the charge.

Although forensic accounting involves performing a wide range of tasks, it can be divided into two broad sub-areas: investigative accounting and judicial support. Investigative accounting may include crime-screening and independent forensic audits, while court support relates to consultancy, expert and other services.

With the increase in the number of laws and regulations, their frequent changes, together with the increase and complexity of criminal activities in legal entities, there is a need for further development of the discipline of forensic accounting as well as forensic audit. SDC CPA, as global forensic accounting and investigation company, provides high quality services and consistent product concept to its clients.

SDC CPA is different from other forensic accounting firms. This is because, catastrophic events like tax seasons and hurricanes do not affect its focus on crime insurance. This forensic accounting firm has a broad background and experience and it has become a leader in providing crime and fidelity investigation.

SDC CPA is a multinational company, with employees from different nations, such as French, Afrikaans, Chinese, Dutch, German, Hebrew, Italian, Portuguese, and Spanish. It supports multicultural employment to cater to client’s multiple language & cultural needs.