Earn a Forensic Accounting Degree and Become a Currency Cop

By Kelly Richardson
Career Colleges Columnist

What do Enron, Tyco, and WorldCom all have in common? They will be remembered as some of the most shameful corporate scandals of the last decade. Forensic accounting professionals played a major role in uncovering the crimes.

The American Institute of Certified Public Accountants defines forensic accounting (also known as an investigative accounting or fraud auditing) as the search for evidence of illegal conduct in accounting practices. If you are considering an accounting degree and want a little pizzazz in your work, this fascinating specialty may be perfect for you. Here are some high-profile industries that frequently use forensic accounting professionals.

Forensic Accounting in the Field

Business Enterprises. Forensic accountants regularly advise companies of their financial status, making sure they have the resources to remain solvent or warning them to declare bankruptcy.
Legal Firms. Law firms and law enforcement agencies often seek out the advice of forensic accounting degree holders, as they try cases and seek to punish violators.
Government Regulation. Now that Congress has passed laws about campaign finance reform, more forensic accountants are needed. In this sector, they provide internal audits and help monitor corporate accounting procedures.

An accounting degree is perfect for those with an analytical mind and a fondness for crunching numbers. The training is focused and intense, but the career can be quite exciting. Here's what the U.S. Bureau of Labor Statistics has to say about earning an accounting degree.

The Accounting Career Profile

Working Conditions. Accountants typically work in office environments, although some accounting positions allow you to work from home.
Entry Training. Most accounting positions, especially in the forensic accounting field, require at least a bachelor's degree for new candidates.
Career Outlook. Employment of accountants and auditors is expected to grow faster than average through the next decade.

A forensic accounting degree is a unique combination of basic accounting principles with investigative work. It's the perfect way for you to add a new twist to an old profession.

About the Author
Kelly Richardson covers the local education and technology scenes in major cities across the country. His articles appear in a variety of respected educational journals, periodicals, and e-zines.

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