Is there such a thing as a forensic accountant? Well, you might find it hard to believe but there are actually forensic accountants out there and it is a very good profession. Forensic accounting is used in areas like litigation support and investigative accounting.
Litigation support is very important and the forensic accountants play a very important role in it. But before it can provide litigation support, forensic accountants should first investigate the concerned companys financial operations. After the investigation, the forensic accountants will prepare the necessary information that will be used for filing civil or criminal court cases.
These accountants spend most of their time in the concerned company or enterprise. There they investigate, collect, and analyze all gathered financial data. In order to be a forensic accountant, one should be well-versed with the computer. You see, the analysis of the financial data is done mainly on computers. Excellent computer skills as well as knowledge in the specific accounting software used are critical if you want to become a forensic accountant.
Collection of pieces of evidence is very important and also...