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Managerial Forensics by Diana Heeb Bivona, J. Mark Munoz

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Chapter 9

Forensic Accounting: Show Me the Money

Scott P. McHone and Tricia-Ann Smith DaSilva

Introduction

Business owners, managers, and accountants are faced with many financial questions and concerns. Why are our revenue and profits not meeting expectations? Why are our expenses so much? Why is pro-ductivity down and what happened to our cash flow? They also seek to know what their business is worth and how to control risk. These are just a few of the questions forensic accountants can help answer. In addition, forensic accountants can aid the legal team with expert opinions and help uncover and document fraud. No matter what type of business you have or what type of accountant you are, having forensic accounting in your tool kit will be ...

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