Simply put, forensic accounting is the combination of accounting and investigative skills to examine a business’s finances. This is a process often used when building legal cases and examining for fraud and embezzlement. Forensic accounting is also useful for detecting and correcting errors in accounting. These errors are more commonplace than one may suspect, and can cause overpayment or delinquencies on taxes. If you believe that there are discrepancies in your books, it is crucial that you contact a forensic accountant to protect yourself and your business.