In pursuit of truth
Kamilah Parker has cracked the code for investigating complex financial data
Kamilah Parker CPA is a financial detective. Technically, she’s a Forensic Accountant—diving deep into financial data to uncover concealed truths—but she likens her role to that of an investigator. No matter the case she tackles, Kamilah’s primary goal is to provide a clear and accurate picture of an entity’s financial activities. “You cannot just accept information at face value; you have to dig deeper and understand that everything is not necessarily as it seems,” she elaborates.
Kamilah relies on a variety of tools in her investigative toolkit. The CPA designation is the DNA, the foundation embodying a commitment to ethics, principles, and regulatory standards. Her experience in public practice, questioning mindset, sharp analytical skills, meticulous attention to detail, and readiness to challenge assumptions are the voice analysis, fingerprint testing, and other tools that complete the kit.
Kamilah started her accounting journey in public practice at a Big Four firm, where she found a passion for the investigation aspect of audit. When the opportunity to switch to forensic accounting arose, she eagerly embraced it. Despite concerns about leaving behind her accumulated experience, the transition was smoother than she initially feared.
“I had to reframe my mind and perspective, which helped me realize that my past experiences contribute to my current path,” she says. “When I got my first case, I realized I could rely on some of the procedures I had used on an audit file in public accounting. I was able to adapt the same thought processes and workflow for the financial information in front of me to create my investigative process.”
However, she needed to sharpen her deep analytical skills and questioning mindset to thrive in her new role at Intact. “Forensic accounting demands a different level of analysis compared to public accounting,” Kamilah says.
In many cases, other professionals, such as a client’s accountant or lawyer, rely on forensic analysis to guide their work. “They rely on our calculations and our financial investigation. My professional opinion is what the lawyer relies on in court to make their arguments,” she says. “So that’s even more pressure on us to do our due diligence. There are more intelligent individuals picking apart your work, so there’s no margin for error!”
Another pressure point is that the percentage of fraudulent claims is low, making actual fraud difficult to detect. Also, fraudsters use specific methods to commit crimes, so forensic accountants must be highly vigilant and knowledgeable about what to look for.
With technology advancing so rapidly, forensic accountants must know the latest tools and techniques for fraud detection. When working on a complicated or unique case, Kamilah first researches how other forensic accountants handled similar situations to challenge her thinking and stay informed of best practices and recent trends.
“I’m always learning something new in this role. It’s engaging and challenging, and I love the dynamic aspect,” she says.
One of her favourite aspects of her job is the opportunity to make a tangible impact. “In each case that I handle, determining the financial loss that an individual or small business experiences, my bottom-line number is a cheque in someone’s hand,” Kamilah says.
Helping someone in the most sensitive and sometimes crucial moments in their lives—which is often the only time you file an insurance claim—is extremely fulfilling.
