As forensic accounting gains a higher profile, the American Institute of Certified Public Accountants (AICPA) is working to expand the profession’s role in the field by educating CPA firms and college professors about the skills required.
Forensic accounting combines the analytical skills of a detective with the number crunching skills of an accountant. The forensic accounting profession began to take on greater importance following a series of financial scandals in the early 2000s.
Forensic accountants use accounting skills to investigate financial crimes such as fraud for law enforcement agencies, lawyers and businesses. The accountant must use investigative techniques to uncover discrepancies in accounts and reports.
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