Discussion Paper Published on Forensic Services, Audits, Corporate Governance; comments sought.

• Position: Brief Article

The AICPA Forensic and Litigation Services Committee has developed a discussion paper called Forensic Services, Audits, and Corporate Governance: Bridging the Gap. The paper provides the FLS Committee's initial observations and views concerning forensic accountants' services, including involvement with the independent audit team to increase financial statement audit effectiveness and execute accounting-related fraud investigations. It also raises important questions about what guidance (in addition to Statement of Auditing Standards No. 99, Consideration of Fraud in a Financial Statement Audit) may be needed to assist forensic accountants and auditors to enhance the validity, reliability...