MBA – Forensic Accounting

OVERVIEW : Forensic accountants, otherwise known as investigative accountants offer assistance in solving the complex business issues associated with the legal issues.
JOB DESCRIPTION : In most legal procedures, their role is to investigate the accuracy of the financial records. If a financial crime reaches the court room for trial, forensic accountants are testified as an expert witness. In business organizations they have to work in fraud identification and prevention.

DEGREES OFFERED : Master’s Degrees
 
Bachelor’s degree serves as an entry level educational qualification, but applicants with master’s degree in forensic accounting can find better job opportunities. Besides the academic degrees, the professionals should possess good problem solving and investigation skills.
 
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Accounting-Auditing

“If you have a head for numbers, this is the profession for you”

Accountants are the most sought after business professionals in corporate arena. Because they are one who ensure the proper financial transactions and manage the financial resources. Oftentimes, accounting and auditing are used interchangeably.

Accounting career will be best suited for the individuals who have a strong inclination towards mathematics. Since accounting work is all about some numerical calculations, the applicant should have an in-depth knowledge in different mathematical operations. As an accountant, you have to examine different financial statements, compute taxes, organize financial records etc. All the works are carried out in compliance with different government regulations.

Now, you may be clear about accountants and auditors, so the next option is payroll administrator. It can be considered as a sub-section in accounting. As the name indicates, they have to finance and process the payroll information of the employees. It would be based on the working hours, tax rates and other additional factors.

For More Information ON Accounting and Auditing,
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Master In Accounting – Online Degree Programs

Find Accounting degrees offered by online colleges & universities.

Since the economic situation of business world is facing dynamic changes, every organization is interested in managing their financial resources. Accounting is the most profitable job roles in business sector. Accountants have to maintain all the financial records and review its accuracy.

For More Information on Accounting,
http://www.schoolanduniversity.com/study-programs/business/accounting

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Accounting – Accounting Jobs, Accounting Principles, Accounting Software

Since the economic situation of business world is facing dynamic changes, each and every organization is keen in managing their financial resources. Accounting is considered as the lucrative job roles in business sector. Accountants have to maintain all the financial records and review its accuracy.

For More Information on Accounting,
http://www.schoolanduniversity.com/study-programs/business/accounting
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Forensic Accounting – An Exciting Career to Consider

“Forensic Accounting is a specialization of accounting that uses auditing and investigating to determine if accounting fraud has taken place within a company….”

Eligibility: have to audit and investigate the financial details in connection with the legal disputes. Most of them have to work with the lawyers, insurance companies, banks, business firms etc. Since there is a tremendous increment in the white-collar financial fraud crimes in the corporate world, every organization need the assistance of a forensic accountant.

Job Prospects: Job prospects are expected to be good for the candidates with certifications such as CPA (Certified Public Accountant), CFE (Certified Fraud Examiner) and Cr FA (Certified Forensic Accountant). Law firms, Business organizations, Insurance companies and Government authorities are some of the employers that demand the service of forensic accountants. Bachelor’s degree serves as an entry level educational qualification, but applicants with master’s degree in forensic accounting can find better job opportunities.

Expected Job Growth: According to the U.S. Bureau of Labor Statistics the employment opportunities of accountants and auditors is expected to increase by 16 percent from 2010 to 2020. 

Forensic accountants, otherwise known as investigative accountants offer assistance in solving the complex business issues associated with the legal issues. In cases such as bankrupt, financial frauds, insurance claim disputes, business investigation claims etc, forensic accountants have to act as a financial detective.

For more information on MBA – Forensic Accounting ,
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Forensic accounting – an exciting career to consider…

Forensic accounting – an exciting career to consider

MBA - Forensic Accounting

According to the U.S World and News Report,  forensic accountancy  is one of the nation’s secure  career options.  So what would be the difference  between  a  traditional  accountant  and a  forensic accountant?  Advancements in  technology  has  changed the face of corporate world which has resulted in great industrial  development. But on the other hand, it has increased the rate of corporate scandals.

Business world witnessed so many financial frauds and investment disputes   that  were  executed with  the use  of  latest  technologies. Hacking data through internet for attaining personal information and other confidential financial information made the theft easy. So the organizations started seeking the help of forensic accountants.

Job responsibility of a traditional accountant is proper management of financial resources and transactions in an organization. Their work environments are limited within the accounts section of a firm. While   forensic  accountants  work in  solving  legal  disputes  and investigating losses occurred in any financial fraud activities. Starting from the personal divorce disputes to solving complex business economic issues is their responsibility. Forensic accountants mainly focus on litigation support, investigation and dispute resolutions.

In litigation support, either they will settle all the disputes before they reach the court room or they will testify as an expert witness. They have to collect all the details regarding the case and prepare reports to submit them for the trial. There are diverse array of investigations in which forensic accountants are included. They are   criminal investigations, partnership disputes,  mergers and acquisitions, personal injury claims, fraud investigations, divorce disputes, business economic issues, professional negligence issues etc.

Forensic accounting can provide guidance to business organizations to avoid future financial risks and methods for risk reductions. Services of forensic accountants are sought by the lawyers, business firms, government authorities like FBI, Internal Revenue Service, law enforcement authorities and others for fraud identification and prevention. Online and campus programs offered in forensic accounting will enhance accounting skills, investigation talent and problem solving capabilities.

The analytical approach used in each legal issue will help to resolve the complex issues in any economic offense and help in bringing the culprits to the limelight. So a career in forensic accounting will be a right choice for the candidates who wish to stand out unique in the business world. Get enrolled in a forensic degree program and be part of a thrilling and exciting career.

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