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* What role does forensic accounting play in mergers and acquisitions ( M&A ) to ensure the accuracy and integrity of financial information?During mergers and
What role does forensic accounting play in mergers and acquisitions M&A to ensure the accuracy and integrity of financial information?During mergers and acquisitions, forensic accountants conduct thorough due diligence to verify the accuracy and integrity of financial information. They scrutinize financial statements, identify any irregularities, and assess the target companys compliance with accounting standards and regulations. Forensic accountants also evaluate the target companys internal controls and potential fraud risks. Their findings help buyers make informed decisions and negotiate fair terms. By uncovering hidden liabilities or fraudulent activities, forensic accountants protect the interests of stakeholders involved in the M&A process. How critical is forensic accounting in mitigating risks in M&A transactions?
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