forensic audits

Forensic audits are specialized investigations conducted to detect and analyze financial discrepancies, fraud, or misconduct within an organization. Auditors use accounting skills combined with investigative techniques to examine financial records, transactions, and behaviors. The goal is to uncover irregularities and determine if any illegal activity has occurred. Findings from a forensic audit can be used in legal proceedings, helping to hold individuals accountable and recover lost funds. Ultimately, these audits serve to ensure transparency, integrity, and compliance within an organization’s financial practices.