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The Financial Detective Work of Forensic Accountants

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Do you think that finance careers are invariably dull? Think again. In particular, think of the accounting scandals that have rocked the country and indeed the entire world in previous years: the Bernard Madoff ponzi scheme, the questionable derivatives which ended up taking down finance industry giants like Lehman Brothers and other firms once considered to be too big to fail. Before this of course there was Enron and too many other scandals to list here.

How is this type of financial malfeasance detected and the perpetrators brought to justice? Largely, this is done through the work of forensic accountants. These are some of the most fascinating finance jobs in the entire field, combining aspects of both accounting and of detective work. The term forensic simply means something which is suitable for use in court, which is exactly the sort of information that these finance experts produce.

A forensic accountant's skills come into play when there are financial matters at issue in litigation or in disputes which are being resolved through a process of arbitration. These are finance careers which involve an eye for detail and a set of skills which are specialized beyond those required for many other finance jobs. A forensic accountant may be employed in the service of a legal firm; their services are often required in divorce proceedings; especially in determining appropriate levels of parental support and other financial considerations involved in these filings.



These accountants may also be employed in banking jobs, where they are called into service in analyzing accounts to determine if the numbers reflect reality - which is an apt description of any forensic accountant's duties.

If you're interested in finance jobs in general and a forensic accountant position in particular, you'll need to emphasize your relevant skills and experience on your resume as well as in your cover letter. Pertinent skills for these finance careers include of course the standard qualifications for any position as an accountant. Certification is a must of course and an educational background or extensive professional experience in accounting and/or bookkeeping is essential to building a resume which demonstrates an individual's competencies in the necessary areas to be effective as a forensic accountant.

A meticulous attention to detail; an exceptional sense for the little discrepancies which others may pass over without investigating thoroughly and the patience and determination to follow down leads in the financial data being worked with are all strengths which should be played up in your cover letter, giving examples from previous experience if possible. Since forensic accountants are often called to present evidence or to appear in court as an expert witness, a candidate for these finance jobs should be comfortable with public speaking and have a professional appearance and demeanor.

Forensic accountants have some of the most interesting careers in the world of finance. Whether it's examining assets for civil disputes and litigation, reviewing income of parties in familial and marital law litigation or investigating the next great financial scandal, these are careers which are a far cry from the run of the mill banking jobs. If you have an eye for the detail and a keen interest in the investigative process, a position in forensic accounting may be ideal for you.
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