Most people are familiar with the term accounting audit that looks at the business compliance and performance from a process and numbers perspective. But, Forensic accounting is a little different, apart from the numbers it also takes into account motivation, particularly the motivation of business partners or employees to defraud the business. Forensic accounting services provider helps in detecting malpractices, misrepresentations, frauds, and errors in your financial statements through their expertise. While building an in-house forensic team to combat the financial misconduct adds value, but it is not always a viable option.
