OVERVIEW : Forensic accounting is an exciting field where accountancy skills meet with the investigation talents. It is quite different from the traditional way of accounting in which the accountants had to spend their work in examining the financial records of office.
JOB DESCRIPTION : Forensic accountants have to audit and investigate the financial details in connection with the legal disputes. Most of them have to work with the lawyers, insurance companies, banks and business firms. Since there is a tremendous increment in the white-collar financial fraud crimes in the corporate world, every organization needs the assistance of a forensic accountant. To settle the dispute before it reaches court, forensic accountants can examine the damages and estimate the valuables.
Job prospects are expected to be good for the candidates with certifications such as CPA (Certified Public Accountant), CFE (Certified Fraud Examiner) and Cr FA (Certified Forensic Accountant). Law firms, business organizations, insurance companies and government authorities demand the service of forensic accountants.
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