3Ed_CCH_Forensic_Investigative_Accounting_Ch11

Chapter 11 forensic and investigative accounting 7

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Unformatted text preview: and Investigative Accounting 7 Federal False Claims Act The Federal False Claims Act was passed to protect the government from the unscrupulous acts of a few government contractors that intentionally or carelessly overcharge the government for goods or services. Chapter 11 Forensic and Investigative Accounting 8 Federal False Claims Act Litigation Fraud allegations Whistleblower allegations Qui tam suits Reasons for bringing action Chapter 11 Forensic and Investigative Accounting 9 Accountant's Role in Federal False Claims Act Litigation Accountants may act as an expert witness for the defense, the government, or a whistleblower litigating the qui tam parts of the case. (continued on next slide) Chapter 11 Forensic and Investigative Accounting 10 Accountant's Role in Federal False Claims Act Litigation Typical questions that accountants help courts to answer are: What costs should be included in the contract? How should costs be measured under the contract? What is the correct timing of the cos...
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