Employment Outlook
The employment outlook for accountants and auditors is expected “to grow 11 percent from 2014 to 2024, faster than the average for all occupations” (Bureau of Labor Statistics, U.S. Department of Labor). This could be a good indicator that the economy is growing and businesses are looking at future growth and preparing for it. The outlook locally in the state of Idaho on the Idaho.gov website shows there are 83 job postings for accountants and auditors with bachelor’s degrees and 68 for those with associate’s degrees (Idaho Department of Labor, 2016). In the Boise are there are 7.7 percent jobs in accounting and auditing per 1000 jobs in the area (Bureau of Labor Statistics, U.S. Department of Labor). The outlook looks optimistic. …show more content…
In essence forensic accountants need to have enhanced or honed skills to help them along in this field. Traits such as analytical, detail oriented, ethical, inquisitive, skeptical, and persistent to name a few. They also need core skills of communicating both verbally and in writing, and the ability to make sense of chaos that can accompany some file being audited. The learning of a forensic accountant needs to mimic that of lawyers, by having mock auditing cases to go over. To better prepare the forensic accountant
Forensic accountants need “to have a bachelor’s degree in any field, with a minimum of 24 credit hours in accounting” (Davis, 2008). Getting certificates for Certified Fraud Examiner, CFE, and Certified Public Accountant, CPA, is also suggested. The CFE certificate does have a requirement of extra course studies and an exam on top of the normal CPA exam.
Job …show more content…
The profession is as valuable in the private sector as it is the public sector, but it is just as valuable in government agencies both local and state, banking, law enforcement, and the nonprofit sector. Forensic accountants can interpret the accounting lingo to something more understandable for the everyday person. The fraud, money laundering, and embezzlements that take place in companies can be delved into much deeper and a forensic accountant is more likely to be called upon to testify. This is beneficial to a company since they are not having to send out their usual accountant, instead they are sending out an expert that understands what has been going on with the case that is on trial. “The work of a forensic accountant is indispensable” (Davis,
The employment outlook for accountants and auditors is expected “to grow 11 percent from 2014 to 2024, faster than the average for all occupations” (Bureau of Labor Statistics, U.S. Department of Labor). This could be a good indicator that the economy is growing and businesses are looking at future growth and preparing for it. The outlook locally in the state of Idaho on the Idaho.gov website shows there are 83 job postings for accountants and auditors with bachelor’s degrees and 68 for those with associate’s degrees (Idaho Department of Labor, 2016). In the Boise are there are 7.7 percent jobs in accounting and auditing per 1000 jobs in the area (Bureau of Labor Statistics, U.S. Department of Labor). The outlook looks optimistic. …show more content…
In essence forensic accountants need to have enhanced or honed skills to help them along in this field. Traits such as analytical, detail oriented, ethical, inquisitive, skeptical, and persistent to name a few. They also need core skills of communicating both verbally and in writing, and the ability to make sense of chaos that can accompany some file being audited. The learning of a forensic accountant needs to mimic that of lawyers, by having mock auditing cases to go over. To better prepare the forensic accountant
Forensic accountants need “to have a bachelor’s degree in any field, with a minimum of 24 credit hours in accounting” (Davis, 2008). Getting certificates for Certified Fraud Examiner, CFE, and Certified Public Accountant, CPA, is also suggested. The CFE certificate does have a requirement of extra course studies and an exam on top of the normal CPA exam.
Job …show more content…
The profession is as valuable in the private sector as it is the public sector, but it is just as valuable in government agencies both local and state, banking, law enforcement, and the nonprofit sector. Forensic accountants can interpret the accounting lingo to something more understandable for the everyday person. The fraud, money laundering, and embezzlements that take place in companies can be delved into much deeper and a forensic accountant is more likely to be called upon to testify. This is beneficial to a company since they are not having to send out their usual accountant, instead they are sending out an expert that understands what has been going on with the case that is on trial. “The work of a forensic accountant is indispensable” (Davis,