July 28, 2017
“Forensic Account and Ethics”: “Forensic Account and Ethics” is the creation of published author Kelly M. Kingsly PhD, an Edward S. Mason Fellow of the Harvard Kennedy School of Government PhD., MPAM, MBA, ML, CFA, CFI and has enjoyed a rich and varied career, spanning multiple countries and disciplines in the international public service, national public service, the private sector and not for profit organizations, including setting up many start-ups for the not for profit organizations. Forensic accounts is his passion.
According to established scholars, the scope of forensic accounting, forensic accountancy, or financial forensics is the specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation. “Forensic” means “suitable for use in a court of law,” and it is to that standard and potential outcome that forensic accountants generally must work. Forensic accountants, also referred to as forensic auditors or investigative auditors, often must give expert evidence at the eventual trial. All the larger accounting firms, as well as many medium-sized and boutique firms and various police and government agencies have specialist forensic accounting departments. Within these groups, there may be further sub specializations: some forensic accountants may, for example, just specialize in insurance claims, personal injury claims, fraud, anti-money laundering, construction, or royalty audits.
As a forensic accountant, the decisions you make will be extremely important to your client or company as well as to the individuals you might be called upon to investigate. Therefore, forensic accountants are held to a very high ethical standard. The following material is designed to accomplish more than a…