See the future – and prevent it

Great detectives collect fingerprints, examine evidence, and conduct interviews to figure out what happened at a murder scene. Likewise, it is a forensic accountant’s job to detect fraud based on the evidence. But what, asks Ivan A. Garces, if the detective - or the forensic expert - could see the future, and keep the victim safe from harm? Wouldn’t that be better?

Ivan Garces CPA, CFE, CFF, ACAMS is a principal and director of forensic services at Kaufman, Rossin & Co., a leading accounting firm in the Southeast of the United States. He can be reached at igarces@kaufmanrossin.com

According to the Association of Certified Fraud Examiners (ACFE), “nearly half of the [fraud] cases in our 2008 study were uncovered by a tip or complaint from an employee, customer, vendor, or other source.”