12.03.2025: Introduction to Forensic Accounting

Forensic accounting goes beyond traditional accounting by applying investigative techniques and
analytical skills to resolve complex financial issues. In this introductory session, we will explore the
fundamentals of forensic accounting and its role in investigating financial irregularities. Through this
session, you’ll gain an understanding of what forensic accountants do, the skillset that enables them to
analyse and interpret complex financial data, and how they present findings as expert witnesses in
court. We’ll also discuss the means and motivations behind fraud, common fraud schemes, and basic
techniques that help detect and prevent fraud before it escalates.
Key Topics Covered:
• Defining Forensic Accounting: Overview of the field and its importance.
• Essential Skills of a Forensic Accountant: Key attributes and areas of expertise.
• Understanding Fraud Motivations and Schemes: Insights into why fraud occurs and examples of
common schemes.
• Basic fraud detection and prevention techniques: Basic tools for preventing and detecting fraud.
• Forensic Accountants in Court: Their role as court-appointed experts.