Fraud examination and forensic accounting are distinct but somewhat related. Forensic accounting work is done by Accountants in anticipation of litigation, which can include fraud, bankruptcy, valuation, and other professional accounting services. On the other hand, fraud examinations can be conducted by either accountants or non-accountants, and refer only to anti-fraud matters.
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Difference between social accounting and social audit?
Distinction between firm & industry disappears
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The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
The difference between accounting and auditing?"
what is the difference between manual accounting and tally accounting?
the difference between accounting nations and accounting commerce
Difference between social accounting and social audit?
Distinction between firm & industry disappears
yes
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
difference between revenue and costs
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Financial accounting is used to present the performance and financial statements to third parties while management accounting is used for company's internal working purpose.
Forensic accounting applies accounting principles and financial analysis to uncover, detect, and prevent fraud or any other malicious activity. It is unique from regular accounting in that it involves a deep dive into the financials to identify evidence of any suspicious activity that could result in legal implications. Protect your business and investments by understanding fraud investigation and implementing its principles into your organization’s internal controls. Take control of your business’s future with NSKT Global! Learn more about this specialized type of accounting today.