Incisive
Forensic Accounting
What is Forensic Accounting?
Welcome to the Forensic Accounting Community! Fraud targets enterprises indiscriminately and companies aren't always fully prepared to handle it. A growing field, forensic accounting is designed to catch fraud and clerical errors before they affect a company's bottom line. The software supporting forensic accounting makes it possible to vet spreadsheets without the need for tedious manual review, and can offer businesses the information needed to combat fraud. This site will act as a repository for forensic accounting information and will provide resources to help readers understand and validate the choices available to them. Keep an eye out for updates.
Forensic Accounting Featured Articles
Incisive Announces Locator: New Spreadsheet Discovery and Risk Assessment Solution
Locator Speeds Identification and Risk Ranking of Critical Spreadsheets
Spreadsheet Errors in Hedge Funds Require Forensic Accounting Solutions
Excel spreadsheets are used by people and businesses all over the world to keep track of everything from household expenses to multi-billion dollar hedge funds. When a regular Joe makes a spreadsheet error, he might end up losing track of hundreds or perhaps thousands of dollars. But when a hedge fund experiences a spreadsheet error - or perhaps even intentional fraud - it can result in a multi-million dollar mess.
The Spreadsheet Model Still a Lynchpin for Utilities and Energy Trading
In industrialized corners of the world, energy consumption is experiencing an upcycle. It's predicted that by 2035, global usage will increase by approximately 50 percent - a significant disparity from the 28 percent uptick that occurred in the 10-year period between 2000 and 2010. As a result, manufacturers are feeling the push to foster an "energy-management" culture, or a standardized process to reduce the consumption of water, air, gas, electric and even steam.
Accounting Firms Benefiting from Collaboration and Integration
More and more American companies are in need of big-picture financial advice and who else is there to offer such services than accounting professionals. Statistics from Cerius Executive Demand Index report show that accounting skills have been in great demand with the fourth quarter of 2011 alone seeing finance-related job openings accounting for 28 percent of top executive jobs.
Incisive's Validate Helps Auditors 'Double Check' the Work of Accountants
One thing we've all heard time and time again during our school years was to always "double check" our work.
Forensic Accounting: Bill.com Unveils Cash Flow Management System
Bill.com, a provider of integrated bill payment, invoicing and cash management solutions, has launched CashView, a new cash flow management system that allows organizations to gain greater control over their finances. CashView, the first-of-its-kind Cash Flow Command and Control System, provides organizations with an entirely new strategic level of insight and control over their finances. The system leverages the cloud-based AP and AR systems to deliver a more powerful method of cash flow management.
Forensic Accounting Industry News
Forensic Acccounting White Papers
Forensic Acccounting Case Studies
Forensic Acccounting Events
- Webinar: Add Insight to Your Organization’s Spreadsheets
April 24 at 10 am PST/1 pm EST
To register or for more information, visit www.incisive.com. - Sixth Annual Fraud & Forensic Accounting Education Conference
May 15 - 17, 2012
Hilton DeSoto Historic District
Savannah Georgia - 23rd Annual ACFE Fraud Conference and Exhibition
June 17-22, 2012
Gaylord Palms Resort & Convention Center
Orlando, FL
