Exam 1: Introduction to Forensic Accounting and Fraud Examination

If you are experienced in the valuation field and want to become credentialed by the National Association of Certified Valuation Analysts (NACVA), which credential would you be issued?

Which is one of the areas that the Sarbanes-Oxley Act of 2002 has made CEO's rely on forensic accountants heavily?

What is a way to become a CFS?

Forensic accounting can be broken into how many categories?

Describe how a forensic accountant would employ his or her skills?

If you are a CPA and want to become credentialed by the National Association of Certified Valuation Analysts (NACVA), which credential would you be issued?

Which of the following does a forensic accountant investigate?

Forensic Accounting is defined as:

If you are a litigation consultants and want to become credentialed by the National Association of Certified Valuation Analysts (NACVA), which credential would you be issued?

Who was the founder of the Association of Certified fraud Examiners?

Forensic Accounting does not greatly differ from traditional accounting.

According to the 2002 Report to the Nation on Occupational Fraud and Abuse, what percentage of corporate revenues were lost in that year to fraud?

Investigative services that may or may not lead to courtroom testimony.

What is one of the primary differences between a Financial Statement auditor and a Forensic Accountant?

Which of the following events have made the Forensic Accounting industry more popular recently?

Errors are always an indication of intentional fraud.

What are some of the special skills that a forensic accountant might use in their trade?

Governmental agencies never use forensic accountants.

Compare and contrast the usage of internal versus external auditors.

What is Defalcation?