OasisLMS

Launching forensic service engagements successfully

Understanding how to perform the acceptance, initiation, and planning phases of forensic accounting engagements skillfully and competently will help you do good work in the earliest stages of the engagement. You’ll gain essential information for executing compliant forensic engagements.

Real-world examples enhance comprehension

Detailed scenarios help provide a deeper understanding of the challenges that forensic engagement initiation and planning may bring. You’ll be empowered to properly analyze client and case information to determine whether an engagement should be accepted as you learn to:

• Identify and respond to conflicts of interest
• Properly document an understanding with clients
• Appropriately plan the engagement

Achieving your goals

You’ll take steps toward augmenting your professional knowledge and expanding your service offerings by:

• Understanding the processes for accepting, initiating, and planning forensic services engagements
• Building your knowledge in a burgeoning subspecialty within the accounting profession
• Earning CPE credit to maintain licensure
• Working toward your CFF® credential to expand your service offerings

Learning Outcomes

• Distinguish key differences between forensic services engagements and other accounting-related services in the planning and initiation phases.
• Analyze appropriate client and case information to determine whether an engagement should be accepted.
• Identify potential conflicts of interest and their appropriate responses according to professional standards as part of engagement acceptance.
• Determine ways to properly document an understanding with the client and plan the engagement.

Key Topics

• Preparing for forensic services engagements
• Determining whether a forensic engagement should be accepted
• Identifying and responding to conflicts of interest
• Developing an understanding with your client
• Planning a forensic engagement

Who Will Benefit

• Members of the AICPA who are interested in earning the Certified in Financial Forensics (CFF®) credential
• Accounting, managerial, legal, and international business professionals who are interested in forensic and fraud risk management services