Forensic Accounting
Accounting glossary · Understand, connect, apply
Forensic accounting applies accounting, analysis and investigative techniques to financial disputes, suspected misconduct and evidence that may be used in legal proceedings.
Example
An investigator traces altered supplier invoices and bank payments to quantify a suspected loss.
Remember the difference
Forensic work is broader than finding fraud; it can include litigation support and damages analysis.
Updated 3 November 2026. Examples are simplified for learning. Where a term depends on US law, IFRS, US GAAP or a historical rule, check the context explained above and the requirements relevant to your course.
Study references: OpenStax financial accounting and managerial accounting. For reporting requirements, consult the applicable IFRS Standards or FASB guidance. US tax terms should be checked against the relevant tax-year IRS instructions.
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