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Joe Salitino

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For over 50 years forensic accountants have exist. In the most recent years the need for them has increase due to the creativity of white collar crime and the use of technology. Forensic accountants are specialists who work with financial information such as business records, bank statements, and tax returns for the purpose of finding valid data. This data is used to prepare their reports. The report is prepared in a manner that will be easily understood by the attorneys to use in research, negotiations or court proceedings. In the business world forensic accountants are used to help clarify and resolve a wide number of legal disputes, including shareholder disagreements, malpractice claims, insurance claims, business dissolutions, bankruptcy proceedings, and divorce proceedings, as well as fraud and embezzlement. ("Forensic accounting,")

Determine the most important five (5) skills that a forensic accountant needs to possess and evaluate the need for each skill. Be sure to include discussion regarding the relationship between the skill and its application to business operations. Depending on the nature of the case, the skills necessary of the forensic accountant may vary. However, there are skills that all forensic accountants should have;
• Oral communication skills- having the ability to effectively communicate and explain the findings of a case, especially in a courtroom environment is important. The FA should be able to disseminate information about company’s records and explain the importance of any interview they held with witnesses. The testimony of an FA must be able to convince the Judge in any court case. They are responsible to explain findings to a Judge and jury. Having good oral communication skills helps them to convey effectively to lawyers, police, customers, offenders, private investigators, or anyone involved with the case. (Hyder, ,

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