Forensic Accountant Career


Career description:

A forensic accountant is one who identifies and investigates illegal activities in companies. A forensic accountant investigates different types of fraudulent activities such as tax crimes, money laundering and employee fraud. A forensic accountant is one who requires the ability to investigate and assist in litigation process, along with the knowledge in accounting and auditing principles. The forensic accountant performs a variety of duties in addition to conducting investigations, such as compiling information, performing reviews and reports for clients and also assists in legal proceedings.

How to become a Forensic Accountant

To become a forensic accountant, a candidate will need to obtain a degree in Accounting along with a certification in Forensic Accounting. The more credentials a candidate obtains, the more money he or she will be able to demand. A forensic accountant should have qualifications such as patience, objectivity, credibility, integrity, competence and judgment.

Forensic Accountant career courses, training, programs:

Applicants for a forensic accountant position are required to have a bachelor’s degree in Accounting. Most of the forensic accounting programs are considered advanced and are post-graduate works. Popular programs offered in forensic accounting train candidates and prepare them for positions such as Fraud Examiner or Financial Forensic Accountant.

Forensic Accountant career schools/colleges, education:

It is preferred that a forensic accountant have a master’s degree in Business Administration according to US Bureau of Labor Statistics and a forensic accountant needs to be  Certified as Fraud examiner Public Accountant according to ACFE

Top 5 colleges/universities:

  1. Missouri State University
  2. Genesee Community College
  3. University of Baltimore
  4. University of Northwestern Ohio
  5. Chancellor University

Industry Accountant job opportunities, salaries/pay:

A forensic accountant in US is expected to earn around $74,000 and it can vary depending on the location of the job and the candidate’s certifications and experience. Forensic accountants in New York can earn around $102,000. With the increased rate of financial crimes in today’s world, the demand for talented forensic accountants will rise.


 

Category: Accounting Careers

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