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Financial Forensics Body of Knowledge, + Website by Gregory A. Gadawski, Darrell D. Dorrell

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CHAPTER 1

Foundational Phase

Forensic operators must initiate assignments by clearly identifying and documenting the entities, parties, and ownership interests in the matter at hand. This phase is essential and cannot be disregarded since it charts the vector for the remainder of the assignment, notwithstanding subsequent refinements.

ASSIGNMENT DEVELOPMENT STAGE

Purpose of Stage

This action anchors the forensic assignment and shapes the context and defines the framework for assignment execution. See Exhibit 1.1.

The objective of this action is to complete necessary policy and procedural due diligence before taking any steps toward launching the assignment. This is the starting point for all forensic assignments.

Specific actions include:

  • Identify all parties in the matter, internal and external. This includes, but is not limited to: plaintiff and defendant, petitioner and respondent, prosecutor and defendant, claimant and disputant, etc., including legal and regulatory parties.
  • Correlate the matters of law, as applicable.
  • Establish technical requirements.
  • Uniquely identify the assignment with a client or case number or both.

References

This action confirms access to pertinent technical references, whether currently available or requiring acquisition. Technical resources comprise written materials and training, including self-study, webinar, and live classroom training.

EXHIBIT 1.1 Assignment Development

The objective of this action is to ensure that necessary technical resources ...

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