The field of crime solving has always piqued the interest of the average person. The process of solving crimes involves numerous departments and expertise. Forensic accounting is one such discipline. Forensic accounting is the practise of conducting numerous investigations into the finances of a specific business organisation or a person's financial history utilising accounting, auditing, and investigative abilities. Forensic Accounting is more than just crunching numbers. Aspirants must be extremely alert and aware of their surroundings in order to not neglect little details that could lead to the resolution of cases. Forensic accounting is a part of forensic sciences that is frequently employed in cases of embezzlement or fraud.

Study Levels

The different levels of study that are offered under this discipline are as follows:

• BBA in Accounting
• Bachelor in Accounting and Master of Accountancy
• B.Sc. in Accounting
• B.Sc.in Accountancy
• B.Sc.in Finance
• Bachelor in Accounting
• B.Sc.in Forensic Accounting
• BBA in Finance
• B.Sc.in Economics
• Pre Bachelor Undergraduate Transfer Programme – Accounting
• B.Sc. Business – Accounting
• BBA Public Accounting
• BBA Business Administration-Accounting
• Bachelor – Public Accounting
• Master in Forensic Studies in Forensic Science
• Master in Professional Accounting
• Accounting Micro Master Programme
• M.Sc. in Forensic Accounting
• M.Sc. in Analytics
• M.Sc. in Forensic Investigation
• M.Sc. Forensic Science
• M.Sc. Accounting and Finance

Specialisation

Forensic accounting is a broad profession with many sub-specialties. Forensic accounting approaches and research are employed in a variety of sectors of study.

The following specialisations are available:

• Financial Theft
• Securities Fraud
• Bankruptcy
• Defaulting on debt
• Economic Damages
• M and A related lawsuits
• Tax evasion
• Corporate Valuation disputes
• Professional Negligence claims
• Money laundering
• Privacy Information
• Divorce Proceedings
• Insurance claims
• Personal Injury claims
• Royalty Audits

Employability

The demand for Forensic Accountants is expanding as the global fraud rate rises. Forensic accounting is the study of data analysis to establish where missing funds may have gone and how to recover them. Presenting reports of the clients' financial findings as evidence at hearings, when they frequently testify as expert witnesses, is also part of the job. Studying forensic accounting would provide aspirants with crucial trade skills. Detail-oriented approach, interviewing skills, analytical skills, communication skills, creative thinking, and problem-solving skills are examples of these skills. There are numerous job options in the industry for graduates, who may work for insurance companies, banks, police forces, government organisations, or public accounting firms. There are numerous work opportunities available in this industry. There are several job opportunities available in the field of forensic accounting. Some of the common roles in India include:

• Forensic Accountant
• Internal Auditor
• Fraud Examiner
• Litigation Support Analyst
• Compliance Officer
• Risk Consultant
• Financial Analyst
• Management Accountant
• Chartered Accountant
• Counter Fraud Investigation Officer
• Senior Fraud Investigator
• Financial Investigator Manager

The various career choices abroad include:

• Forensic Accountant
• Accountant
• Auditor
• Criminal Investigator
• Dispute Resolution Officer
• Insurance Claim Officer
• Analyst
• Fraud Investigation Officer
• Tax Evasion Officer
• Forensic Scientist

The top companies/organizations that offer recruitment in Forensic Accounting are:

• Federal Bureau of Investigation
• The Hartford
• Deloitte
• KPMG
• PwC
• Grant Thornton
• CBIZ
• Studler Doyle
• Antonyan Miranda