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Although Investigative Accounting has been around for years, it has only recently begun to transform into the science of accounting, hence Forensic Accounting. Forensic accountants are unique, looking beyond the numbers, digging deep to uncover fraud, hidden assets, and the like.
The word forensic is defined in Merriam Webster's dictionary as "relating to or dealing with the application of scientific knowledge to legal problems." The word accounting is defined in the same source as "a system of recording and summarizing business and financial transactions and analyzing, verifying, and recording the results...
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