When people hear the word “accountancy”, they immediately picture an image of an aged man, sitting in a cubicle, going through stacks of files. Although this may be true to an extent, in modern times, accounting has become a much vaster field. There are a number of branches of accounting that have emerged as popular career choices for individuals. Among the most common branches of this field such as banking and auditing, forensic accounting is stepping up as a fast growing area. This specific branch can be described as a combination of accounting principles and litigation, used to gather evidence, investigate, and find proof against financial fraud cases. The number of financial fraud cases and similar criminal activities has risen due to advancement in technology and vulnerability of data. Many cases against individuals and organizations are field each year. It is the main job of forensic accountants to help investigate such case, and find provide findings to court.
Forensic Accounting Certificate
Forensic accounting is offered as a major at all levels of higher education. Students who want to become a forensic accountant must seek specialized education and develop skills. Although a college degree will be necessary to earn for this field, one can also pursue short courses such as certificate programs. Certificate programs are designed to certify a professional in a particular job/field/career. These programs act as extra credentials and increase the credibility of a person. In such a tough job market nowadays, it is recommended that one should go a step further and acquire certification to ensure better job opportunities.
A certificate in forensic accounting will equip you with career-oriented knowledge and comprehensive understanding of the field. You will learn about the many techniques and skills used to detect, prevent, and investigate financial irregularities. The ever growing complexities in the business world are important to understand in order to become a forensic accountant. The nature of the program is advanced as you will cover many theoretical topics such as the following:
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Valuation techniques
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Financial statement analysis
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Expert testimony
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Fraudulent financial fraud reporting
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Fraud schemes
Each of the topics carries a defined number of credit hours. You must earn all the credit hours to successfully complete the program. Another point to remember is that the curriculum and duration may vary slightly from institute to institute. Some programs can be completed can be completed in less than 6 months while others may take longer.
Career Opportunities
The career of a forensic accounting can be exciting, challenging, and equally rewarding. These professionals can seek jobs in all kinds of forensic science units, law firms, law enforcement agencies, and other organizations. The job tasks will vary from job to job and will depend upon many other factors. Forensic accountants must have the skills and knowledge needed to look into a variety of cases related to financial fraud, embezzlement, financial crimes, money laundering, capital investments, and more. According to the US Bureau of Labor Statistics, auditors make an annual income of $61,690. This can be a suitable career choice for those looking for a job path in the financial sector.
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Q:With a Certificate in Forensic Accounting, can I improve my career?
A:Yes, certifications are a great way to enhance your industry knowledge and skills. You can apply for better job positions and take your career to the next level. Many employers prefer hiring individuals who upgrade their skills and acquire a certification. You can also boost your income potential in the forensic accounting profession.
Q:Where can I find an online Certificate in Forensic Accounting?
A:You can search through our page where we offer a list of institutes that are offering online forensic accounting certificates. There are a number of schools that specialize in forensic science that offer all kinds of degree programs in this field. Before you do enroll in any school, make sure the institute as well as the program is accredited from a recognized agency.
Q:What i does after certified in forensic accounting?
A:Forensic accounting is a growing field nowadays. Individuals who have acquired a certificate in this field can work as forensic accountants. Their main job duties will include analyzing financial statements, identifying financial fraud, examining financial fraud cases, and auditing accounts. For more detailed information, take a look at our page.
Q:What Credentials Do You Need to Be a Forensic Accountant?
A:To become a forensic accountant, you need to have at least a bachelor degree in the field. Man institutes are offering bachelor and masters degree programs in forensic accounting. These programs equip students with the knowledge and skills needed to become a forensic accountant. Browse through our page for more information.
Q:What does a Forensic Accountant do?
A:A forensic accountant is a professional who examines and analyzes financial fraud cases. These professionals use skill and knowledge to audit accounts, identify fraud, and propose measures to counteract such issues. Many private and public agencies hire forensic accountant for their services and expertise. Find out more by browsing through our page.
Q:How much does a forensic accountant cost?
A:Forensic accounting degree programs are offered by a number of schools throughout the nation. The tuition fee may vary from school to school. It is recommended that you check with each school to learn about their cost and fee structure. Those looking for an affordable degree program in this area can opt for online learning. Take a look at our page for more information.
Q:How much does a forensic accountant charge on the job?
A:The income level of forensic accountants will vary from place to place and will depend upon various factors such as credentials, skill, experience, degree, and employer organization. According to the US Bureau of Labor Statistics, forensic science technicians made a median annual wage of $52,840 in 2012. These professionals are expected to grow in demand in the coming few years.
Q:Why study forensic accounting as a career?
A:Forensic accounting is a fast growing field and has become an important part of crime units. These professionals can be found working in all kinds of crime departments, homeland security, and even private organizations. According to the US Bureau of Labor Statistics, the growth rate for these professionals is approximately 6%.
Q:how much does a forensic accountant make
A:The income level of forensic accountants will vary from place to place and will depend upon many factors such as experience, level of degree, employer organization, and skill. According to the US Bureau of Labor Statistics, forensic science technicians made an hourly income of $25.41 in 2012. Take a look at our page for more information.