AICPA Professional Standards: Professional standards set by the American Institute of CPAs that govern the conduct of forensic accounting engagements
SSFS 1: Statement on Standards for Forensic Services No. 1 providing specific guidelines for forensic accounting services
GAAP: Generally Accepted Accounting Principles that must be adhered to in financial analysis and reporting
Sarbanes-Oxley Act 2002: Federal law establishing enhanced corporate accountability standards, particularly relevant when dealing with public companies
Federal Rules of Civil Procedure: Rules governing civil procedure in US federal courts, crucial for litigation-related forensic work
Federal Rules of Evidence: Rules governing the introduction of evidence in federal courts, essential for expert testimony
Securities Exchange Act: Federal law governing securities trading and fraud, relevant for cases involving securities investigations
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to protect sensitive customer financial data
HIPAA: Health Insurance Portability and Accountability Act governing protection of medical information if healthcare data is involved
State Professional Liability Laws: State-specific laws governing professional liability and malpractice for accountants
Attorney-Client Privilege: Legal concept protecting confidential communications between attorneys and their clients, affecting how forensic accountants handle information
Work Product Doctrine: Legal principle protecting materials prepared in anticipation of litigation
State CPA Licensing Requirements: State-specific requirements for maintaining CPA license and practicing forensic accounting
Bank Secrecy Act: Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering
USA PATRIOT Act: Federal law with provisions affecting financial investigations and anti-money laundering requirements
FinCEN Regulations: Financial Crimes Enforcement Network regulations governing reporting and compliance requirements
IRS Document Retention: Internal Revenue Service requirements for maintaining financial records and documentation
State Document Retention: State-specific requirements for maintaining professional records and documentation
