A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...
According to the Definition of Internal Auditing in The Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF), internal auditing is an independent, objective ...
Small business owners sometimes rely on performance audits to ascertain the effectiveness of their companies. To identify unprofitable practices, the performance audit might analyze the company as a ...
The Charleston County School Board wants a thorough, detailed audit of the district’s finances following the recent discovery of an $18 million budget shortfall. It just may not be a “forensic” one.
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