Essay on A Career in Forensic Accounting - 947 Words

Forensic Accounting There are many different avenues that one could take in the field of accounting. It is a lucrative career with many areas of interest to be followed. I have chosen Forensic Accounting to further review and research. This paper will define forensic accounting, describe what it takes to be a forensic accountant, give some statistics about forensic accounting, and give my feedback on this potential career path. Forensic accounting is the use of investigative and analytical skills for the purpose of resolving financial issues in a court of law. Forensic accountants need skills in accounting, auditing, finance, quantitative methods, certain areas of laws, research and investigative skills to collect, analyze and†¦show more content†¦Next, let’s take a look at what it takes to become a forensic accountant. According to AICPA.org, there is a lot of work to be done before you can call yourself a forensic accountant. You must first be licensed as a Ce rtified Public Accountant. Then you must pass the Certified Financial Forensics examination, complete the CFF Credential application, and pay the credentialing fees. You need 1,000 hours of business experience in Forensic accounting within 5 years, and 75 hours of forensic accounting related Continued Professional Education. After all this completed, you can sign the Declaration of Intent to comply with the requirements of CFF recertification. There are many schools that offer specific courses and degree programs in forensic accounting, such as Southern New Hampshire University. They are generally master level programs. The most important item is the work experience. There are specific traits or skills that make a good forensic accountant. According to the U.S. Bureau of Labor and Statistics website there are 5 important skills you must have: †¢ Analytical skills – as an auditor you must identify the problem issues and offer solutions †¢ Communication skills – you must be able to listen and then report back your finding and conclusions to your audience †¢ Detail oriented – you must payShow MoreRelatedForensic Accounting1628 Words   |  7 PagesFORENSIC ACCOUNTING MORE THAN JUST NUMBERS The field of accounting is no longer just for those who enjoy crunching numbers. Preparing financial statements, internal auditing, and tax accounting are only the tip of the iceberg. In today s society of the money hungry, the sue happy, and the financially unfit, a new breed of accountant; the Forensic Accountant has emerged. 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