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What sort of evidence would you collect and review

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Reference no: EM132905905

Question - Summary: You are a highly experienced CA financial accountant for a law firm, responsible for all aspects of the financial reporting, from preparing budget reports, reconciling accounts, through to preparing annual financial reports.

The CEO has suspected that the procurement manager is misappropriating funds from the firm's bank accounts. He has asked you to assist him to reviewing the financial records for the firm and identify any fraudulent transactions. The procurement manager is a close friend of yours.

1. What sort of forensic accounting service are you providing?

2. Should you accept the engagement to assist the CEO?

3. What sort of evidence would you collect and review?

4. If required to prepare a report for court proceedings, do you think your evidence will be accepted? Why?

Reference no: EM132905905

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