How to Determine Whether the Forensic Accountant You Want to Hire is Right for You

15

 

Are you looking for a forensic accountant? If this is the case, there are a number of things you should consider. Choose an accountant that will be a good fit for the case you have. Not all forensic accountants are the same. Therefore, to find the right one for your business, it’s important to research well. Make sure the professional you want to hire is well qualified for the task you have. Here are two things to keep in mind when evaluating potential forensic accountants to work with.

 

Consider Qualifications

Before hiring forensic investigation services, consider his or her qualifications. Check whether the professional is certified by the national body in charge of training fraud accountants. To be certified as a forensic accountant, one has to be a member of the state forensic accountants’ association. The forensic association members that want to be certified need to apply and prove they are qualified for the certification. Another requirement that one must fulfill is sit for an exam set by the forensics’ body.

 

Forensic accounting covers a number of areas. Some of the areas covered include fraud schemes, law, fraud prevention, and investigations. If you have a financial fraud case, you should hire a certified forensics accountant. Moreover, he or she knows about the different ways in which fraud can be carried out. An experienced forensics accountant will be able to detect instances of fraud and advise you on what to do to prevent future occurrences. For more facts and information about forensic accounting, you can go to https://www.youtube.com/watch?v=eJMzk0VhLCQ.

 

Another qualification that a forensics accountant must have is CPA. A CPA qualifications enables the professional to understand business practices and financial workings of your company. The combination of CPA and forensics accounting qualifications make it easy for the professional to detect financial fraud.

 

Finally, it’s also prudent to hire a forensics accountant from business appraisal services that has some knowledge in computers. A professional that can carry out electronic discovery projects will be helpful in detecting any financial fraud carried out online.

 

Is the Accountant Experienced in Forensics Projects?

Consider the experience of the accountant that you want to hire to carry out the fraud investigation you may need done. You can determine the experience of the accountant through the number of years he or she has been practicing. Another thing you can find out is the number of related cases that the accountant has worked on. You may also want to find out whether the accountant is an expert witness.

 

Any forensic accountant cannot be an expert witness without being interviewed and evaluated by the court. Only the most qualified professional are allowed to be expert witness. Find out whether the accountant you want to hire will be able to testify in court if necessary.

 

Follow the two tips above when looking to work with a forensics accountant.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s