Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

What is the Job Market Outlook for Forensic Accountants?

Job Market Outlook October 14, 2013

Forensic accountants are the investigators of the accounting world, utilizing their critical abilities to cover cases of fraud, mistakes, ethical concerns and other often neglected areas in traditional accounting.

Forensic accounting is a growing profession, and one of the reasons for its increasing necessity is that we live in the post-Enron world, one where companies can no longer afford a scandal.

CPA and Forensic Jobs Are in Demand

CPA level accountants will always be in high demand, particularly if they specialize in a specific field. This is a trend that has been observed to be growing. Forensic accounting is a unique specialty, and will be of high interest to a company that wants to thoroughly analyze its books. Working in this field, not only has excellent earning potential, but also an exciting atmosphere with beneficial effects for the economy.

Most accountants work a set number of hours, but as you might figure out, the work project is paramount and in the event of a high profile case, there might be a deadline involved. This may require longer hours. The industry is a welcoming one, and yet it does involve some social skills.

You have to work with other professionals in a variety of departments, from IT specialists to the legal department to the executive level. In fact, your ability to prove certification, experience, and knowledge as a CPA will directly affect your salary.

Certification and Pressing Beyond the Standard

Seeking out certification is the best possible move, and this involves putting it a number of hours and then contacting the National Association of State Boards of Accountancy. The organization, not to mention your employer, will scrutinize the school you graduate from, ensuring proper accreditation and the degree.

CPAs are also obligated to pass a standardized test and continue to meet high standards every year, thereafter certification. To increase the likelihood of being hired try to attend the many seminars, events, classes and other supplemental learning programs that are given to CPAs.

Forensic accountants make between $30,000 and $60,000 a year, though the most experienced and trusted professionals can command a salary of $150,000 per year or greater. The size of the business cannot be underestimated, as this will directly reflect the available salary. Locations, especially big cities with huge economies, are the best option to aim for.

Having knowledge of new accounting laws will certainly paint you in a positive light to employers, who are not merely interested in basic accounting and auditing skills, but also want to know that you keep up to date with all the legal requirements that control the profession.

For example, the Sarbanes-Oxley Act is important to the field and has actually created more jobs than is traditionally required. The stricter the laws, the greater the need for career professionals with training.

You need not limit your options, since workers are finding career openings in multiple sub-fields, such as law enforcement, government offices, the IRS, non-profit companies, banks and doctor’s offices.

The market is booming and the work is exciting when compared to the traditional bookkeeping job description. If you have the will to excel, this is a great career choice.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Career training since 1963.
  • Gives you the freedom and flexibility to learn on your own time, at your own pace and in your own environment.
  • Complete your education and gain technical skills when and where it's convenient for you!
  • Accredited by the Accrediting Council for Independent Colleges and Schools (ACICS).
  • We Change Lives...One Person At A Time. ®
  • Online Courses
4 Program(s) Found
  • Separate yourself from the pack by completing one of Saint Leo’s highly-rated Business degree programs. Associates, Bachelors, and Graduate degrees in highly sought-after concentrations available!
  • Learn the necessary skills and build the foundation to propel your business career by receiving an education from our faculty members with true real-world experience.
  • Saint Leo University provides academic excellence, flexibility, affordability, and a wide range of educational programs with financial aid and scholarships available to those who qualify.
  • Saint Leo offers a 14:1 Student-Teacher Ratio to ensure you get the personal attention you deserve.
  • Learn on your schedule with our 6 convenient available start dates throughout the year. Get started on earning your accredited Business degree today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Career training since 1963.
  • Gives you the freedom and flexibility to learn on your own time, at your own pace and in your own environment.
  • Complete your education and gain technical skills when and where it's convenient for you!
  • Accredited by the Accrediting Council for Independent Colleges and Schools (ACICS).
  • We Change Lives...One Person At A Time. ®
  • Online Courses
4 Program(s) Found
  • Separate yourself from the pack by completing one of Saint Leo’s highly-rated Business degree programs. Associates, Bachelors, and Graduate degrees in highly sought-after concentrations available!
  • Learn the necessary skills and build the foundation to propel your business career by receiving an education from our faculty members with true real-world experience.
  • Saint Leo University provides academic excellence, flexibility, affordability, and a wide range of educational programs with financial aid and scholarships available to those who qualify.
  • Saint Leo offers a 14:1 Student-Teacher Ratio to ensure you get the personal attention you deserve.
  • Learn on your schedule with our 6 convenient available start dates throughout the year. Get started on earning your accredited Business degree today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

Login to your account

Can't remember your Password ?

Register for this site!