CFF case studies
CFF · Put your knowledge to work in context.
The Certified in Financial Forensics (CFF) credential is issued by the AICPA, the American Institute of Certified Public Accountants, which together with CIMA founded the Association of International Certified Professional Accountants. The CFF is a specialty credential for CPAs who apply accounting, auditing, and investigative skills in litigation support, dispute resolution, and fraud investigation engagements. Typical holders work in forensic accounting practices, valuation and litigation consulting firms, corporate internal investigation teams, or as sole practitioners serving attorneys and courts. Prepare by building depth in the areas that forensic engagements actually demand: evidence handling and chain of custody, financial statement reconstruction and analysis, damage quantification, fraud detection and interviewing, expert report writing, and the procedural rules that govern testimony and discovery. The CFF case studies are 5 cases and about 2,494 words.
1Business Interruption Claim After a Plant Fire
Precision Parts Inc. (PPI) manufactures automotive components at a single plant with two production lines.
559 words, about 3 min2Fictitious Vendor and Ghost Employee at a Medical Practice
Valley Medical Associates (VMA) is a four-physician practice with annual revenue of 6.2 million. An anonymous tip alleged that the office manager, Linda R., had been diverting funds for six years.
492 words, about 2 min3Oppression Buyout and Related-Party EBITDA Adjustments
Cedar Valley Manufacturing LLC has two equal members, but the operating agreement gives the majority member control. The minority member filed an oppression action and the court ordered a fair-value determination.
454 words, about 2 min4Divorce Income Reconstruction for a Cash-Intensive Restaurant
During a divorce, the wife alleges that her husband, who owns a cash-intensive restaurant, underreports income. Husband's tax returns show W-2 wages of 80,000 and a K-1 of 20,000.
510 words, about 3 min5Business Email Compromise Wire Transfer and Recovery
Northstar Logistics' controller received an email that appeared to come from the CEO's address, instructing an urgent 850,000 wire to a new vendor, 'Apex Global Supply,' for an acquisition deposit. The email said the CEO was in meetings and could not be reached.
479 words, about 2 min