Written by Tracy L. Coenen, CPA, CFF
Financial investigations have one common problem: Large volumes of data and documentation that need to be examined.
Cases such as corporate embezzlement, securities fraud, Ponzi schemes and white-collar crime often have lots of financial documentation that needs to be analyzed by a forensic accountant.
Many of these types of cases involve moving money around rapidly between multiple bank and brokerage accounts to disguise the true sources and uses of funds. The long trail of financial documentation needs to be examined by a forensic accountant and the data must be pieced together to form a winning strategy.