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Forensic accounting, forensic accountancy or financial forensics is the specialty practice area of accounting that investigates whether firms engage in financial reporting misconduct, [1] or financial misconduct within the workplace by employees, officers or directors of the organization. [2]
Demonstrate in excess of 1,000 hours of experience doing forensic accounting work; Complete 75 hours of continuing professional education (CPE) related to forensic accounting. After obtaining the CFF credential, the CPA must continue to earn at least 20 hours of financial forensics-related CPE per year to maintain the CFF credential.
The average salary for a forensic accountant in the US is around $74,000.00. A forensic accountant in New York could make up to $102,655.00 while a forensic accountant in Orlando usually only makes $56,071.00. [20] Forensic accountants must be able to work independently and be able to travel at least 10-15% of the time.
BBA-MBA (Integrated)(with Specialization in Forensic Accounting and Fraud Investigation / Financial Management/ Business Analytics and Intelligence) - Duration of this course is 5 Years. BBA-LLB.(Hons.)(Integrated) - Duration of this course is 5 Years. B.Sc. - M.Sc. Criminology and Forensic Science(Integrated) - Duration of this course is 5 years.
[2] [3] Additionally, with growing issues on accounting, financial and loan irregularities, there is a increasing need to conduct forensic accounting examinations and investigations with professional approach for any evidence discovery to meet the high level of scrutiny which can be proved legally in Court.
Terry Gerth, an investor whose family lost more than $360,000 in Aspirity, said he decided not to hire his own forensic accountants to investigate Krieger after finding out it would cost $25,000 ...
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