Article Review Essay Example | Topics and Well Written Essays - 750 words - 2

article Review - Essay ExampleImportance of forensic account is unquestionable because whenever the company suspects any institute of imposture or misuse of fund, they rely on forensic accounting for conduction investigation and to draw out the root cause behind the problem. So forensic accounting is one of the most relied tools that fiscal aid in determining and also in controlling the problem. forensic accounting follows certain hygienic planed influence to carryout the whole process of detection. At first the business structure has to be identified, and then an in-depth analysis has to be conducted for all companys date records. Such scrutinizing provides clues through with prevailing fraud and misconduct can be identified. This operation also identifies any kind of irregularity related to assets and hence indicates fraud. The procedure of forensic accounting is businesslike in conserving companys precious time and time and money. This technique it often used by strategis ts in identifying and preventing fraud or misuse of companys fund which may hamper the business. Many researchers have argued that the technique of fraud accounting is highly efficient in managing civil dispute that includesForensic accounting can provide attention in probate cases, this technique is efficient in handling dispute that arise due to cases of all over valuation or the cases of property division in between estates heirs. Forensic accountants are the experts which deal in disputes related to legal property problems. These experts are equipped with knowledge in the field of accountancy, auditing, evidence gathering, interviews, fiscal reporting system, and all other developments which are taking place in national as well international accounting sector. The forensic accountants are well trained for legal procedures and other court formalities.Forensic accounting is often used to get the true and Article review Essay Example Topics and closely Written Essays - 1250 wor ds - 1Article review - Essay ExampleShah notes in the article that the spherical pecuniary crisis started in 2007 Shah also notes that the world(a) financial crisis led to the closure of many financial institutions more or less the world (Shah, 2013).According to this article, following the world(prenominal) financial crisis, various governments had to bail out various financial institutions that were on the verge of collapse. Shah, however, notes that, although various governments bailed out various financial institutions that were at risk of closure, the problem of global financial crisis was mainly caused by the very financial institutions that sought bail out from the government. A scathing view of this point by Shah shows that the financial institutions were indeed mainly to blame for the global financial crisis. This is because the promiscuous lending standards of many financial institutions made many people unable to access loans and mortgages, leading to skilful fina ncial crisis. Fratianni and Marchionne support this view in their article The Role of Banks in the Subprime Financial Crisis. According to the devil authors, it is the exorbitant lending rates of many financial institutions that mainly caused the global financial crises, besides the imbalances in international trade (Ratianni $ Marchionne, 2009).In this article, Shah claims that the global financial crisis did not affect the financial institutions only or only the rich nations, but it affected all individuals of every nation. This is because, according to Shah, the effects of global financial crisis trickle down to all people and affect individuals livelihood.One of the main arguments locomote in this article is that, the financial crisis could have been avoided if financial institutions had adopted the current economic models. According to Shah, the global financial crisis has been caused by peoples negligence, especially the government failure to effectively control financial in stitutions. Shah argues in the article that states have