Accounting is a topic that can frighten otherwise brave professionals. All the asset, liability, income, and expense talk can be overwhelming if the listener is not trained in the field of accounting. Even those who have taken a couple of accounting courses can get bogged down in the details and have a difficult time translating the numbers and determining what they really mean to a case.
The best forensic accountants are able to present financial issues in litigation so they can be understood readily. Attorneys, judges, and juries often lack an accounting or finance background, so being able to break down financial topics in a way that is easy to understand is essential for forensic accountants. The best expert witnesses are those who can relate to the judge and jury and who can make sense of even the most complex numbers. Continue reading