If you’re new to the world of forensic accounting (also called investigative accounting), this video will give you an idea of the types of cases a forensic accountant might work on. There is quite a variety in the work, but […]
In this short video, Tracy talks about some of the services a forensic accountant could provide in a bankruptcy case. These services could include: Tracing of funds through bank accounts Looking for hidden income and assets Evaluating expenditures to determine […]
Why specialize when you’re a forensic accountant? Forensic accounting is already a specialty within the broader field of accounting, so some people never consider that you can narrow down your practice even more. We focus on investigating numbers, but that […]
Lately I’ve been thinking about professional certifications. A financial expert on the opposite side of a case came to the table with 10 certifications listed on his curriculum vitae (CV). And I had to wonder what was the purpose of […]
How does a fraud investigator know when enough investigation has been done on a case? If a scope of work was agreed upon with the client, the investigator should finish that work in order to meet her or his obligations. […]
How do I come up with a fixed fee for a forensic accounting engagement? I’ve been doing fixed fees for almost 23 years, so I’ve developed a pretty good formula. With a fixed fee, a client is paying for a […]
Forensic accountants are often retained in litigation as expert witnesses, with the intention that they will provide expert opinions and testimony on behalf of the client. Although retention as a consultant is less common, it is an important option to […]
What kinds of things can forensic accountants be involved in relative to construction fraud? A common area of fraud involves a general contractor using funds from a project to fund other projects. Also common is the construction company claiming a […]
It’s time pre-order the most valuable fraud investigation and forensic accounting book you will ever read. I had the privilege of previewing Leah Wietholter’s book Data Sleuth: Using Data in Forensic Accounting Engagements and Fraud Investigations. She has knocked this […]
In October 2017, Tracy Coenen appeared in Milwaukee Magazine’s Faces of Milwaukee feature. What a fun piece to revisit! When you need to find lost or hidden money, forensic accountant Tracy Coenen is the detective you want on your side. […]