Abstract
Performance and environmental audits focus on specific areas, but forensic audits look for misbehaviour. Forensic auditing is used in business to detect financial crimes and fraud. Sometimes the Regulatory Authority misses schemes. Due to cybercrimes and other frauds, forensic accounting and auditing experts are needed for investigations. This audit might be requested by a government agency, approved by any organisation, or done internally. This blog defines and categorises exceptional audits. Audits may also examine tasks, authorisations, responsibilities, and internal control standards in addition to transgressions. Specific audits may be performed during business restructuring or insolvency..
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Kunj Sheth
Principal CPA, Sheth Tax Inc, USA
Received: 12-04-2019, Accepted: 23-05-2019, Published Online: 01-06-2019