What You Need to Know to Work With Forensic Accountants in Bankruptcy Cases

At some point in their careers, credit professionals are likely to have dealings with a forensic accountant. Typically, a forensic accountant is brought in to untangle matters leading up to a bankruptcy filing. The credit executive is most likely to encounter a forensic accountant when working on a creditors’ committee. Occasionally, forensic accountants will be hired when fraud is suspected. They may be hired by debtor companies, creditors’ committees, or bankruptcy attorneys.“Forensic” means…