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Want an Interesting Career? How about Forensic Accounting!

The field of economic crime and fraud prevention is quite diverse. Individuals that work in this career field hold positions in law enforcement, finance, forensic accounting, and as private and corporate investigators. In some instances, those working in the economic crime and fraud fields strive to control internal and external financial losses and prevent industrial espionage. They work in the public and private sectors and utilize a variety of investigative skills. Most employers look for individuals to be creative, persistent and assertive. continued >>

Schools Offering an Online Degree:

Utica College Online provides accredited bachelor's and master's degree programs in Economic Crime Investigation. The coursework for the bachelor's program includes criminal justice studies with accounting and computer science analysis. The master's program is designed for working professionals seeking to improve upon their current skills. Coursework includes fraud prevention and investigation.


Rasmussen College Online offers a general A.A.S. degree in Accounting program, and two A.A.S. degrees in Accounting with an emphasis in Financial Investigation or in Financial Accounting. General coursework includes payroll, accounts receivable/payable, business ethics, financial statement analysis, tax return preparation, spreadsheet applications, and more. These programs are designed to enable graduates to secure entry-level positions in the accounting field.

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According to U.S. News & World Report, Forensic Accounting is "one of the twenty hottest jobs of the future." With an increased awareness of financial crimes and securities fraud, there is an increase in the demand for Forensic Accountants.

Forensic Accountants comb through financial history and records to find criminal fraud in corporate records, divorce proceedings, insurance claims, tax forms, etc. Some even trace terrorist activity and conduct investigations into identity theft crimes.

Individuals planning a career as a Forensic Accountant should have an aptitude for math and have the ability to analyze, compare, and interpret facts and figures fairly quickly. Most accounting and auditing positions do require at least a bachelor's degree in accounting or other related field. Some employers require applicants to have a master's degree in accounting or a master's degree in business with a concentration in accounting.

Many graduates who meet the education and experience requirements set by employers, are able to obtain junior accounting positions and then advance to higher positions by demonstrating their accounting skills on the job. Typically, those entering the field of forensic accounting make between $30,000 to $60,000 per year. Those who have expertise in the field can expect a salary of upwards into the $100,000 range.

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