A forensic accountant is often retained to analyze interpret, summaries and present complex financial and business related issues in a manner which is both understandable and properly supported. A forensic accountant can be engaged in public sector practice.
Their main objective is to detect and prevent fraud that auditor could not do. Their engagement is geared towards findings where money went, how it got there and whom was responsible.
They are trained to look beyond the numbers and deal with business reality of the situation (Zysman 2001).
Forensic accountants uses their professional accounting skills, investigative skills and an investigative mindset to resolve disputes or anticipated dispute where there are risks, concerns or allegations of fraud or other illegal or unethical conduct.
Finally, their objective in the area or place they are employed is to identify substance over form when dealing with an issue.