Forensic Accountants Essay - 1744 Words

Forensic Accountants Helene M. Snyder Dr. Ann Pohir-Vieth Contemporary Business 508 August 8, 2012 Determine the most Important Five Skills that a Forensic Accountant Needs to Possess and Evaluate the Need for each Skill Students interested in the Forensic Accountant profession are required to possess many skills because this is the hottest career in accounting. People who work in this career investigate white collar crimes such as business fraud, incorrect financial reporting, and illegal investment schemes. Certain government agencies have established core competency frameworks that a forensic accountant student’s must demonstrate. Some of these skills include strategic critical thinking, problem solving/decision making,†¦show more content†¦A person should demonstrate self-control, self- confidence, attention to details, and be able to work independently and with ambiguity. In the business world, professionalism earns respect from other professionals in various careers. Professional people are inclining to support one another; therefore, a person must present themselves in an appropriate manner to be a part of this group. Technology is also a significant skill used by forensic acc ountants because they use databases to research information and prepare spreadsheets to illustrate their evidence. Describe the Role of a Forensic Accountant within a Courtroom Environment The role of forensic accountant in the courtroom is in the insurance and litigation markets, and expert testimony, and fraud auditing/ investigative accountancy. People in this field need accounting, auditing, and investigation skills. These skills are utilized to communicate financial information clearly and accurately. Technical skills are needed to prepare reports with visual aids to support trial evidence. An example is financial evidence is analyzed and presented in computerized applications that are presented to the clients. The analysis and opinions of the forensic accountant are the basis of legal cases and claim settlements. The litigation support is an extensive areaShow MoreRelatedThe Career Field Of A Forensic Accountant Essay900 Words   |  4 Pagescollege. The following information informs you about what must be done in order to become a Forensic Accountant and how life is as a Forensic Accountant in today’s society. Introduction I was asked to research a job in the career field I plan to work in after graduating, then write an informal report on the information I gathered. The job I chose for my report is a Forensic Accountant. 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