1. Definition of Forensic Accounting

• Financial Forensics Newsletter, September, 1993:

  • "The art and science of applying financial techniques to matters of law."

• Note:

  • Other definitions of forensic accounting apply financial techniques to all matters of law, regardless of whether or not they are financial matters.

  • Both art and science are necessary when applying the methods, thus the forensic accountant's experience becomes a crucial component of the analysis.