Explore BrainMass

Explore BrainMass

    Accounting Fraud and Attorney

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Can an accountant and an attorney be the same person?

    An accountant and an attorney can definitely be the same person. In fact, many professional organizations, including the National Society of Attorney CPA's encourage it. When you have an attorney-CPA, the individual possesses the legal expertise of an attorney, combined with the accounting knowledge of an accountant. By combining the two professions into one individual or into basically one profession, the professional will be able to competently assess accounting transactions while also having the legal knowledge required in the forensic investigative process.

    Please elaborate. Can the attorney be a witness, as well?

    © BrainMass Inc. brainmass.com June 4, 2020, 1:28 am ad1c9bdddf

    Solution Preview

    No, the reason is that there can be a conflict of interest between witness and an attorney. There is no reason that the same person should represent the plaintiff as an attorney. If the CPA has to present as a witness, there can be another attorney ...

    Solution Summary

    The write up gives a learned discussion on accounting fraud.