he “examination of evidence regarding an assertion to determine its correspondence to established criteria carried out in a manner suitable to the court.” Audits are an essential way of evaluating an organization’s financial records. For example the government regularly performs an audit of a person’s income statements to determine the amount of taxes owed.There are two forms of auditing: internal and external. People within the organization execute an internal audit. An external audit is carried out by an outside organization like a C.P.A. firm.A specialized accountant’s main duty is to “analyze, interpret, summarize, and present complex financial and business related issues in a manner that is both understandable and properly supported.” (Business Courier)They are commonly engaged in public practices, or in insurance companies, banks, police departments and other government agencies.Accountants must have a good deal of experience working with computers. They develop computer applications to assist the analysis and presentation of their findings. Due to the e-commerce explosion, a majority of financial records are now web-related.Forensic accountants often find themselves in court as experts in the field. Lawyers utilize accountants to assist in interpreting evidence at a trial. “A forensic accountant must be familiar with legal concepts and procedures, they must be able to identify substance over form.” (askhal.com)Forensic accountant’s role in investigations is to provide police and district attorneys with assistance. According to financialaccounting.com, accountants assist with the protection and recovery of assets, and coordinate people such as private investigators, forensic document examiners, and consulting engineers. Accountants also provide valuable insight into course of action for the chief investigators.Accountants are used to support attorneys in obtaining informa...
