Forensic Audit
/ˈfɒr.ən.zɪk ˈɔː.dɪt/
Definitions
- (n.) A detailed examination of financial records and related documents to detect fraud, embezzlement, or other financial improprieties, often for use as evidence in legal proceedings.
The company commissioned a forensic audit to investigate alleged accounting fraud.
Forms
- forensic audits
Related terms
See also
Commentary
A forensic audit differs from a regular audit by focusing on legal evidence and potential criminal conduct, requiring meticulous documentation admissible in court.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.