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Forensic Accountants track a person's finances and financial dealings, like bank statements and records, credit card transactions, mortgages, assets, etc.
For example, if a man is murdered in what looks like a professional hit, a forensic accountant would search through all the bank statements and accounts of all the suspects, to see if any of them withdrew a large sum of money that could have been paid to the hitman.
Or, if a person is suspected of running a series of mortgage scams, it would be the forensic accountant's job to sift through the paperwork for any irregularities or wrongdoing. What they find would be used as evidence against the suspect.
Or, if it is discovered that an employee is embezzling from a company, it would be the forensic accountant's job to sift through all of the company's financial transactions, and figure out who the guilty person is, and exactly what they did. And again, this evidence would be used against the suspect at trial.
See the Related Link below for the Wikipedia entry on forensic accounting.
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How much do Certified public accountants who specialize in forensic accounting make?
Beginning you can start at $30,000 to $60,000 but and experienced Forensic accountant can make six figures goining above the $100,000 a year mark.
What types of accounts jobs are there?
There are a lot of different fields that require an accountant. There are Cost Accountants, Financial Accountants, Forensic Accountants, Fund Accountants, Management Accountants and Tax Accountants.
In what areas have forensic accountants proven competence?
Forensic accountants draw their expertise from many areas, including accounting, auditing, cost accounting, taxation, and information technology.
How does a forensic accounting earn?
Median salaries for Forensic Accountants range from $40,000 to $100,000 per year.
How much do chartered accountants make?
LUND
What is the difference between forensic accounting and fraud examination?
Fraud examination and forensic accounting are distinct but somewhat related. Forensic accounting work is done by accountants in anticipation of litigation, which can include fraud, bankruptcy, valuation, and other professional accounting services. On the other hand, fraud examinations can be conducted by either accountants or non-accountants, and refer only to anti-fraud matters.
Fields in accounting?
There are many fields in accounting including, forensic, tax and general accounting. Typically, specialized accountants make the most money in the industry.
Do forensic accountants with the FBI carry guns?
FBI employees are not required to carry guns.
What are the highest paying jobs in forensic science?
Some of the highest paying jobs in forensic science include forensic pathologists, forensic engineers, forensic psychologists, and forensic accountants. Salaries can vary depending on experience, location, and level of education.
How much do forensic anthropologists make?
73000+
How much do CPA Accountants Make a year?
$110-200 a year
How much do accountants who have Ph.Ds make?
On average about $130,000.00 per year.
