FORENSIC AND INVESTIGATIVE
ACCOUNTING 9TH EDITION CRUMBLEY
TEST BANK FINAL EXAM PAPER 2026
EXAM QUESTIONS AND ANSWERS GRADED
A+
⩥ Auditor's Responsibility. Answer: Required to plan and perform the
audit in such a way that they can obtain *reasonable assurance* about
whether the consolidated financial statements are *free from material
misstatement*
⩥ Fraud Examiners. Answer: - focused specifically on accounts and
transaction that are subject to fraud in which they examine most if not all
of the transactions.
- identify accounts with suspicious transaction and examine them all to
ensure they can quantify the fraud.
⩥ Knowledge and Skills Needed (in forensic accounting). Answer: -
auditing
- accounting
- finance
- investigative skills
- criminology
, - legal knowledge
- information technology
- communication
⩥ Investigative Skills. Answer: - surveillance tactics, interviewing, and
interrogation skills
- important information-gathering techniques
⩥ Criminology. Answer: the scientific study of the nature, extent,
management, causes, control, consequences, and prevention of criminal
behavior, both on the individual and social levels.
includes the psychology of criminals which helps the investigator
understand the motives and inventive experienced by the fraudster
⩥ The Forensic Accounting Profession (Opportunities in Forensic
Accounting). Answer: - private company internal audit
- consulting services: fraud prevention and investigation; litigation
support
- government agencies (SEC, FTC, IRS, GAO, FBI, ATF, etc)
- computer forensics
ACCOUNTING 9TH EDITION CRUMBLEY
TEST BANK FINAL EXAM PAPER 2026
EXAM QUESTIONS AND ANSWERS GRADED
A+
⩥ Auditor's Responsibility. Answer: Required to plan and perform the
audit in such a way that they can obtain *reasonable assurance* about
whether the consolidated financial statements are *free from material
misstatement*
⩥ Fraud Examiners. Answer: - focused specifically on accounts and
transaction that are subject to fraud in which they examine most if not all
of the transactions.
- identify accounts with suspicious transaction and examine them all to
ensure they can quantify the fraud.
⩥ Knowledge and Skills Needed (in forensic accounting). Answer: -
auditing
- accounting
- finance
- investigative skills
- criminology
, - legal knowledge
- information technology
- communication
⩥ Investigative Skills. Answer: - surveillance tactics, interviewing, and
interrogation skills
- important information-gathering techniques
⩥ Criminology. Answer: the scientific study of the nature, extent,
management, causes, control, consequences, and prevention of criminal
behavior, both on the individual and social levels.
includes the psychology of criminals which helps the investigator
understand the motives and inventive experienced by the fraudster
⩥ The Forensic Accounting Profession (Opportunities in Forensic
Accounting). Answer: - private company internal audit
- consulting services: fraud prevention and investigation; litigation
support
- government agencies (SEC, FTC, IRS, GAO, FBI, ATF, etc)
- computer forensics
