Webclass 125: Top 10 forensic accounting skills for auditors

Q1. According to Nicole and Dan, is auditing and accounting knowledge important for Forensic Accounting?

Q2. Is it a good idea to use T account diagrams to understand how the accounting flow works?

Q3. According to Nicole and Dan, is it important to have fraud awareness knowledge?

Q4. If there is an identified fraud scheme, what might you analyze around that scheme?

Q5. According to Nicole and Dan, is it important for a forensic accountant to know how internal controls work?

Q6. According to Nicole and Dan, is it usually the accountants that are doing the fraud?

Q7. Do lawyers tend to have a very strong grounding in financial statements and accounting

Q8. When writing a fraud report, is it important to include conclusions?

Q9. Is it a good idea to use flow charts to explain to lawyers the fraud scenario?

Q10. According to Dan, are most of the fraud cases quite simple?

Q11. What is one of Dan’s favorite ways of getting a high-level overview before diving into detailed data analytics?

Q12. According to Dan, is it important for the Forensic Accountant to have a good understanding of the information system?

Q13. What other skills do forensic accountants need?

Q14. According to Dan, should every stone be unturned?