Financial Forensics
Financial Forensics is a field fast catching up for Financial Fraud Investigators investigating Frauds. New tools and techniques are being developed and adopted. Nevertheless older methods and methodologies are being extensively used to trace redflags. Among them, the most commonly used technique is Benford's Law. Further specialized software tools and applications are being developed to do Financial Forensics on databases. Actimize and Memento are examples of them.
Read more about this topic: Computer Forensics
Famous quotes containing the word financial:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)