Topic > A Career in Forensic Accounting - 937

Forensic Accounting There are many different paths you could take in the accounting field. It is a lucrative career with many areas of interest to pursue. I chose Forensic Accounting for further review and research. This document will define forensic accounting, describe what it takes to be a forensic accountant, provide some forensic accounting statistics, and provide my feedback on this potential career path. Forensic accounting is the use of investigative and analytical skills for the purpose of resolving financial matters in court. Forensic accountants need expertise in accounting, auditing, finance, quantitative methods, some areas of law, research and investigative skills to collect, analyze and evaluate evidence and to interpret and communicate findings (Hopwood, Leiner and Young, 2008) . They are essentially the cast of CSI in the world of accounting. They work alongside lawyers in white-collar cases, as lawyers may not have a financial background. It can be thought of as a "technical puzzle that is full of numbers and sometimes requires reconstructing the pieces, and fluctuates between quiet periods of routine tasks and unpredictable shifts into 'emergency mode' to meet a fast-approaching lawyer's deadline." ". " (Warshavsky, 2013). Warshavsky compares the mentality of a financial investigator to Arthur Conan-Doyle's legendary detective Sherlock Holmes. They owe their skills to “follow the money”. It can be a very exciting job, but at the same time stressful. There there are many types of cases where a forensic accountant can work. They can be part of criminal investigations, personal injury claims, fraud investigations, matrimonial disputes, professional negligence..... middle of paper..... .in my life I don't want to commit to that much education and training. My goals are to seek the minimum education possible to still get a good accounting job and be able to spend quality time with my family for career-oriented types. In conclusion, forensic accounting is the auditing and investigative side of accounting. intelligible in a court of law. The benefits are excellent and the industry is growing by leaps and bounds as white collar crime is on the rise in our society. While that particular job title isn't common locally, there are plenty of opportunities in larger metropolitan areas. Forensic accounting is suitable for those looking for an exciting and challenging career.