Forensic Accounting Degree
What is a Forensic Accounting Degree?
A lot of people are now considering a forensic accounting degree and for good reason. After all, it offers prestige, excitement, challenges, and just about everything that one looks for in a dream job. After all, it’s not every day that you get to say that you go to work to catch embezzlers, money launderers, frauds and company thieves.
|Kaplan University - BS in Auditing/Forensic Accounting & MS in Accounting Auditing.
Long trusted as a leading name in the education space, Kaplan is one of the most popular online schools offering forensic accounting programs.
|Post University - Forensic Accounting Certificate.
Post University offers popular online programs for accounting students. Their online certificate program in forensic accounting is highly interactive, with small classes in 8-week accelerated modules.
Rising Demands for Forensic Accounting Degree
You shouldn’t be surprised that there are a lot of forensic accounting courses. This is because this industry is rising and a lot of jobs are looking to be filled and you can only be considered if you have a forensic accounting degree.
Let’s get one thing straight. Forensic accounting programs are not just going to groom you to become a “number cruncher”. We have accountants for that. Having a forensic accounting certification basically states that you are a specialized accountant that can help solve crimes. This is a highly-specialized field and even if the job market has a lot of accountants already, there is still a huge gap that needs to be filled by accountants who have a forensic accounting degree. The demands are continuing to rise so it’s not too late to check out forensic accounting courses so you can consider a career in this field.
Forensic Accounting Salary
It’s not that all uncommon for a forensic accountant to earn $150,000 a year. This is especially true if you’re in an area like New York. Of course, the starting salary is considerably lower. Depending on where you’re going to practice, you can expect a base salary of something in between $30,000 and $60,000 a year. But the average in the US for all forensic accountants is at $74,000. This is more than enough reason for people to check out the available forensic accounting courses.
Accounting Schools Which Provides Forensic Accounting Courses
If you’re looking for a forensic accounting degree, it’s just normal that you’re looking to get one from one of the best accounting schools offering forensic accounting courses. With the rising demands, there are now a lot of top accounting schools offering this program. Here are our most recommended universities:
There are a lot of other good forensic accounting schools and with the rising demands, there’s a good chance that there’s one near you.
How’s Work Like?
After getting your forensic accounting degree, it’s time to get employed. If you’re still considering a career in this field, it’s important that you know how work is like.
Basically, you’re going to help industries solve the rising cases of white-collar crimes that involve money. How bad is it? Last 2007, analysts have estimated fraud and white collar crimes at $660 billion just in the US alone. On average, a company loses 6% of its earnings each year to fraud. This is where you potentially come in.
What will these Forensic Accounting Courses Teach You?
Generally speaking, you will be taught to look for red flags that show irregularities and potential fraud. You will be taught to look at financial statements and look for signs that crimes are being committed. For example, a sudden increase in company spending is worth looking into. Another red flag is when the net income has skyrocketed but the cash flow has gone down. Something’s potentially wrong and your forensic accounting degree will help you investigate further.
What Should You Do Now?
Well, it’s time to check out the available forensic accounting courses and seriously consider getting on track of getting a forensic accounting degree. A lot of people will tell you that it’s a good career and it’s time for you to discover it yourself.