What Are the Key Differences Between Forensic Accounting and Traditional Accounting?

Here’re some of the best known differences between a Forensic accounting and Traditional Accounting in a glance; 1. A very obvious and discrete key difference which one can identify between a traditional auditor VS a forensic accountant is that : The former is someone who checks the math accuracy in the accounting department while the […]

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Understanding Financial Statements

Financial accounting’s focus is on the financial reports distributed to people outside of the company. The major component of financial reporting is the financial statements: income statement, balance sheet, statement of cash flows, and the statement of stockholders’ equity. The income statement indicates a company’s profitability during a specified time period such as one year, […]

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