Tracy Coenen, Forensic Accountant and Fraud Investigator

Tracy L. Coenen, CPA, CFF has personally investigated several hundred frauds in a wide variety of industries. Her work includes fraud examinations and financial investigations in cases of embezzlement, financial statement fraud, investment fraud, divorce and family law, and insurance fraud. Tracy has served as an expert witness in numerous cases in state and federal courts involving damage calculations, commercial contract disputes, shareholder disputes and criminal defense.


Certified Public Accountant (CPA) – Licensed in Wisconsin (1999) and Illinois (2004)
Certified in Financial Forensics (CFF)
Master Analyst in Financial Forensics (MAFF)


Master of Business Administration – Marquette University
Honors Bachelor of Arts in Criminology and Law Studies – Marquette University

Related Experience

  • Adjunct Instructor at Marquette University (2014-2017)
  • Adjunct Professor at Concordia University – Wisconsin (2001-2009, 2013-2014)
  • Adjunct Faculty for the Association of Certified Fraud Examiners (2006-2007)
  • NACVA Litigation Forensics Board member (2020-2023)
  • NACVA – Instructor Foundations of Financial Forensics (2018, 2020), Fraud Risk Management (2015 to 2017), Cornerstones of Financial Forensics (2012-2013)
  • Journal of Accountancy Editorial Adviser (2008-2015)
  • The Value Examiner Editorial Board (2010-2014)


  • American Institute of Certified Public Accountants (AICPA)
  • National Association of Certified Valuators and Analysts (NACVA)
  • American Bar Association (ABA)

Books Authored

Courses Authored

  • Fraud Investigation Series (CPA Crossings 2020)
  • Fundamentals and Techniques for Conducting Fraud Investigations (NACVA 2019)
  • Traders and Taxes (Millionaire Media, LLC, 2018)
  • CPA Services in Divorce and Family Law (Bisk Education, Inc., 2012, 2014, 2016, 2018, 2020)
  • Introduction to Litigation Services (Bisk Education, Inc., 2012, 2014, 2016, 2018)
  • Master Analyst in Financial Forensics (MAFF) Fraud Risk Management Course (NCAVA, 2013)
  • Foundations of Financial Forensics (NACVA/AICPA, 2012) – Fraud Prevention, Detection, and Investigation (Chapter 13)


Tracy Coenen, CPA, CFF
Tracy Coenen, CPA, CFF

Meet Tracy Coenen, Forensic Accountant and Fraud Investigator

Tracy talks about financial statement fraud