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Lightcast Skills Taxonomy

Forensic Accounting

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Forensic accounting is a specialized field that involves the application of accounting, auditing, and investigative skills in legal proceedings. Forensic accountants are trained to detect and prevent fraud, as well as to provide evidence in...

Skills CategoryLaw, Regulation, and Compliance
Skills SubcategoryCriminal Investigation and Forensics
Skills TypeSpecialized Skill
Specialized Tags-

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Accredited In Business Valuation (ABV)

Accredited In Business Valuation (ABV) refers to specialized knowledge in estimating the value of a business or ownership interest using financial analysis and professional judgment. It is applied in valuation reports, transaction support, litigation, tax planning, and other financial decision making contexts. The skill includes reviewing financial statements, assessing market and operational factors, and presenting valuation findings in a clear and defensible manner.

Certified Fraud Examiner (CFE) is a professional certification that is awarded to individuals who possess expertise in detecting, investigating and deterring fraud. This qualification is provided by the Association of Certified Fraud Examiners (ACFE), which is the world's largest anti-fraud organization. CFEs are skilled in areas such as financial transactions, laws and regulations, criminology, and ethics, and are often employed in roles such as forensic accountants, internal auditors, law enforcement officers, and corporate investigators. This certification demonstrates an individual's commitment to fighting financial crimes and maintaining the highest ethical standards in the profession.

Fraud Investigation refers to the process of examining and analyzing evidence to identify and address fraudulent activities. This skill involves the application of analytical techniques, data collection, and interviewing methods to uncover deception and gather relevant information. Knowledge of Fraud Investigation is used to assess financial records, conduct background checks, and evaluate transactions to prevent and resolve instances of fraud in various sectors.

Transaction Advisory involves providing guidance and support during business transactions, such as mergers, acquisitions, or restructurings. It helps clients evaluate financial, operational, and strategic aspects of a transaction to ensure informed decision-making. This skill is used to conduct due diligence, assess risks, and optimize the structure of deals to achieve desired outcomes. It is commonly applied by businesses, investors, and other parties involved in complex financial transactions.

Transactional Analysis (TA) is a psychological approach that focuses on understanding the communication and behavioral patterns of individuals. It involves analyzing the interactions between people and identifying the underlying emotional and psychological dynamics at play. TA practitioners use various models and techniques to help individuals understand and modify their behaviors, thoughts, and emotions in order to improve their relationships and achieve personal growth. TA is often used in counseling, coaching, and organizational development.

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Lightcast Skills Taxonomy

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This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.

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