Forensic Accounting (Currently Unavailable)

Author: Paul McCormack

It sounds interesting, but what exactly is a forensic accountant and how does someone become one?

This course will help demystify the forensic accounting profession and provide real world examples of the role that forensic accountants play in fraud, valuation, and litigation. It includes a detailed discussion of the career paths that forensic accountants typically pursue in the public and private sector, and the types of qualifications they earn. It includes a self-assessment that participants can use to determine whether forensic accounting is an appropriate career choice.

Publication Date: April 2016

Designed For
CPAs interested in learning about the role of forensic accountants.

Topics Covered

• The role that Forensic Accountants play in fraud, valuation, and litigation
• Attributes needed to survive and prosper as a Forensic Accountant
• Forensic Accountant Bodies of Knowledge
• Knowledge, Skills, and Abilities of a Forensic Accountant
• The Big Three & Professional Qualifications
• Engagement Types
• Real-World Engagements
• A Day in the Life of a Forensic Accountant
• The Realities of an Entry-Level Position
• Forensic Accounting: Will it Make Me Rich?
• Who Employs Forensic Accountants

Learning Objectives

• Define the role of the forensic accountant
• Recognize the types of career paths available
• Recognize the qualifications forensic accountants pursue
• Identify the characteristics needed to become a forensic accountant
• Differentiate the necessary steps to take when you accept a valuation engagement as a forensic accountant
• Identify the expectations of an entry level forensic accountant
• Recognize how to be successful and truly in business as an independent forensic accountant
• Identify the likely reasons a fraud would occur in an organization
• Differentiate real-world cases of forensic accountant contracted work and the proper procedures to engage
• Identify the proper process to take as a forensic accountant in a litigation engagement
• Recognize employee skimming and how to properly carry out the interview
• Identify where you would find the highest entry pay level for a forensic accountant

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None