Financial Forensics
Financial forensics is the process of investigating financial records to uncover fraud, embezzlement, or other financial crimes. This field combines accounting skills with investigative techniques to analyze financial data, identify discrepancies, and trace illicit transactions. Professionals in this area often work with law enforcement or legal teams to provide evidence in court.
Experts in financial forensics may use various tools and methodologies, including data analysis software and forensic accounting techniques. Their work is crucial in resolving disputes, ensuring compliance with regulations, and recovering lost assets. Overall, financial forensics plays a vital role in maintaining the integrity of financial systems.