Victims of Foreign Exchange (FOREX) transactions fall in a trap setup by fraudsters who promise high returns.

The connection between economic cases is money. Follow the money is a must when investigating fraud. Forensic Accountants connect the dots.

Greed knows no limits. A former dermatologist performed more than 800 surgeries to patients that were falsely diagnosed with skin cancer. Forensic accountants play an important role in determining the extent of economic losses in cases such as the ones described in this article.

Bankruptcy proceedings today more than ever require forensic accountants active involvement. Being aware of the Bankruptcy basics is one step closer to being in a good professional shape.

The Securities and Exchange Commission described its actions as a result of the economic and financial crisis. Could it have been prevented? How will the Accounting profession make a difference in re-gaining public trust?

Not only the financial world has been shaken with Bernard Madoff's Ponzi scheme. The Accounting profession image has been again questioned when external auditors issued a clean report on audited financial statements of Madoff's firm.Forensic accountants are helping the SEC to uncover this scheme.

These examples and summary will help you to gain a better understanding of both the direct and indirect method.

The importance understanding the statement of cash flows is never emphasized enough. These explanations and examples will walk you through it.

The indirect method is the most widely used.The direct method is call income statement method while the indirect method is called the reconciliation method.

Straighforward guide to record usual transactions related to a partnership. This type of entity has gained acceptance within the business community which means, accountants should know to properly account for its transactions.