Voices What it takes to be a forensic accountant
by PRP Group, on 01/17/2023
When I became a CPA about 40 years ago, forensic accounting wasn't even a career that was marketed. Working in the white collar crime unit of the FBI was about the only forensic career available when I graduated. Today, it's hard to turn on the news or scroll through your LinkedIn feed without seeing a new story about financial misconduct. Whether the headlines are about identity theft, embezzlement, misappropriation of assets or Ponzi schemes, the bottom line is that financial fraud is widespread in the U.S. and around the world.
With all this going on, it's no wonder that the forensic accounting profession has grown by 3.3% in 2022. Interest in the field has increased to an extent where the U.S. Bureau of Labor Statistics predicts a 4% growth in forensic accounting jobs between 2019 and 2029. What makes forensic accounting even more attractive is that the starting pay is significantly higher than other fields of accounting — close to $100,000. There are several certifications available in forensic accounting, each with varying professional and educational requirements. The challenge is finding the right certification for you.