Corporate fraud schemes: Cendant Custom Essay

Date Background Forensic accounting now plays a more prominent role in forensic investigations as there is increased scrutiny of fraudulent activities. Thus, forensic investigators need to integrate technology as there are other emerging fraud cases, besides funds embezzlement. Nonetheless, all the forms of fraud involve misrepresentation of facts in financial statements, and forensic accountants have the knowledge to retrieve, protect and report about their forensic investigations. Forensic accounting integrates both investigation and auditing skills, and complimented by legal matters to determine whether organizations are engaged in illegal activities. In order to carry out fraud investigations it is necessary to have Information Technology skills, and seek support from specialists on matters related to computer related fraud (Pierce & Singleton, 2008)

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