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August 1, 2008, Newsletter Issue #59: Forensic Accounting Degree
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Tip of the Week
If you are interested in forensic accounting, which sources like US News & World Report calls one of the "20 hot job tracks of the future," you have choices but few are on the undergraduate level. Most forensic accounting programs are offered on a master’s level or on a “certificate” basis. To be seriously considered for a forensic accounting position, you are normally required to have your Bachelor's degree in accounting, and then have earned some credits at a post-graduate level. There are some specialized designations you could earn, such as Certified Fraud Examiner or Certified Financial Forensic Accountant, which would enhance your career possibilities.
Since the basis and foundation of forensic accounting is classic accounting theory and knowledge, you must complete these requirements before you can be effective. For that reason, you may have the opportunity to select one or more courses in the forensic area but not earn a specific degree in forensic accounting. The forensic specialty will be earned through additional study in certificate or graduate school programs. Also, most forensic accountants must earn their Certified Public Accountant designation at some point.
There are a variety of courses offered, both on campus and online, giving students forensic accounting expertise. They build upon the basic courses needed to understand the language of accounting. You can choose from courses directed at spotting fraud, economic issues, insurance and personal injury claims, and royalty abuse, to name a few.
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