The depth and breadth of potential instructions makes each forensic accountancy assignment a niche activity and requires skills in addition to those held by auditors.
The forensic side of accountancy involves the application of accounting and auditing skills in the context of financial investigation. The aim and purpose of investigation will differ in each case from the valuation of the business to the investigation of potential fraud. Forensic accountancy assignments can also extend into expert witness roles. This is where the forensic accountant is required to prepared and potentially present or defend an expert report to assist the court in understanding the quantum of the case or possible liability issues.