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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.
Forensic accountants need to have a great deal of access to information regarding the company they are investigating or assisting. The information will determine how much a person actually makes, the worth of a business, if there has been fraudulent activity, who committed the fraud, everyone involved, how much was taken from the company, where the money went, and how much can be recovered.
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.
Forensic accounting is the study and interpretation of accounting evidence, financial statement namely: Balance sheet, Income statement, Cash flow statement. Forensic aerial photography is the study and interpretation of aerial photographic evidence.
[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.
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