Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
Should forensic accountants be required to be licensed private investigators? The State of Connecticut Department of Public Safety recently issued their report regarding their inquiry as to whether forensic accountants should be required to be licensed private investigators within Connecticut. The report indicated no decision would be made and that if a change is needed it would be up to …
Today’s economy may pressure more employees into theft. Prior to the Wall Street crisis I followed the climbing fuel costs that started in the Spring. Increases in gas and diesel prices caused sharp increases in virtually everything over the past six months. Many people effected by these increases found ways to manage their household budgets through the summer months by altering …
Judge gives prison time to employee who embezzled more than $150,000.00. As reported in the Hartford Courant on Sunday, September 28, 2008, Judge Gold sentenced a local individual to eight months of prison followed by three years probation and 100 hours of community service. The individual was convicted of embezzling more than $150,000 from his employer through fictitious travel and …
A new credential for forensic accounting has been released. The American Institute of Certified Public Accountants (AICPA) released this past summer a new credential for forensic accounting. The new credential, Certified in Financial Forensics, or CFF, is available to CPAs who have specialized training and experience specific to the field of forensic accounting. For more information on the new CFF …