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How is a forensic accounting analysis different from an audit?

April 26, 2017Accounting analysis audit different Forensic

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How is a forensic accounting analysis different from an audit?

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The difference between the public’s expectation of the purposes and objectives of an audit and the CPA’s responsibilities under Generally Accepted Auditing Standards has been referred to as the “expectation gap”. Forensic accounting can help to bridge the expectation gap.