methodology

Forensic Accounting

Forensic accounting is a specialized field of accounting that investigates financial discrepancies, fraud, and legal disputes by applying accounting, auditing, and investigative skills. It involves analyzing financial records to uncover evidence for use in legal proceedings, such as litigation support, insurance claims, or criminal investigations. Practitioners often work on cases involving embezzlement, money laundering, bankruptcy, or corporate governance issues.

Also known as: Forensic Audit, Investigative Accounting, Fraud Examination, Litigation Support, Financial Forensics

🧊Why learn Forensic Accounting?

Developers should learn forensic accounting when building or auditing financial systems, compliance tools, or fraud detection software to ensure data integrity and legal adherence. It's crucial for roles in fintech, cybersecurity, or regulatory technology where understanding financial fraud patterns and legal standards is essential. Use cases include developing anti-money laundering algorithms, forensic data analysis tools, or audit trails for blockchain applications.