A Hot New Career: Forensic AccountingWhy Forensic Accounting Is an In-Demand JobHot Career - Forensic Accounting According to U.S. World and News Report, forensic accountants are in one of the most secured job opportunities for the future. Forensic Accountants work in major accounting firms. Their skills and expertise are in high demand for investigating on mergers and acquisitions, tax investigations, economic crime investigations, civil litigation support, specialized audits, and terrorist investigations. Forensic Accountants work throughout the business world, in public accounting, and in government agencies such as FBI, Internal revenue, Local Law enforcement and others. Opportunities for qualified forensic accounting professionals are abound in private companies, particularly with the essential need of the Sarbanes-Oxley act (SOX). Publicly held companies are inviting those with these skills and knowledge as a part of their strong internal control team, to comply with governmental and market demands for accurate reporting. Beyond SOX, forensic accountants help prevent and detect misuse of company resources in private companies. Recent major corporate scandals have encouraged business owners to turn to Forensic Accountants for more proactive fraud audits and prevention. The frauds which these professionals are looking for is usually one of these two general types: financial statement fraud or theft of assets. To uncover financial statement fraud, detail analyzations are carried out on the financial statements by using ratio analysis and data-mining techniques such as Benford's Law. Other procedures performed include inspection of documents and records and conduct interviews with witnesses and suspects. Divorce attorneys may call on forensic accountants to evaluate whether assets are being understated or liabilities are overstated. In addition, forensic accountants may be asked to determine the amount of the loss sustained by victims, testify in court as an expert witness and assist in the preparation of visual aids and written summaries for use in court. To be successful, these accountants needs knowledge of fraud schemes, investigation techniques, and the law to fulfill the expectations of his or her client or employer. This profession can earn anything from $35,000 to $60,000 a year in an entry-level position. With experience, forensic accountants could fetch an annual salary of six figures. Forensic Accounting is one of the most interesting professions currently. It's very challenging and at the same time exciting to work with prosecutors and attorneys in court cases. Forensic Accounting opens the door for you to become a high-end forensic detective. For more information about forensic accounting career and benefits of forensic accounting, visit ForensicAccountingDemystified.com. Article Source: http://EzineArticles.com/?expert=Elaine_Ee_Lee Working For The Big 4If you are serious about your career and want to land a job with the Big 4, you need an edge. You need to understand when and how you are being judged and the exact things that you can do and say to fly through the hiring process and avoid the pitfalls!The Big 4 public accounting firms (PricewaterhouseCoopers, KPMG, Ernst & Young, Deloitte Touche Tohmasu) are the best in the industry and a launching pad for an amazing career. If you've read anything about me on this site you will know that I joined KPMG in my early career and spent a number of years building up a career consulting practice within the KPMG Management Consulting part of the firm. Working with a big 4 firm like KPMG (KPMG Peat Marwick in those days) is an incredible experience and one I would recommend to anyone who wants to develop their career. Landing a job with one of the Big 4 is the ultimate final exam.... Click Here To Pass First Time Return to Accounting Jobs main page. Return to Your Career Change home page. Looking for something more specific about forensic accounting? An answer to an interview question? A CV or Resume layout? How to start Networking? Or some ideas of your options? Just enter your keyword in the search box below to find your answer on this site or anywhere else on the web. You will see some adverts that may be of interest since Google targets ads to your particular interests, but your results will be below that.     
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