Monday, April 12, 2010

AICPA Report Educates CPA Firms, Professors on Forensic Accounting


As CPA Presence in the Discipline Expands, Attorneys, Forensic CPAs and College Professors Cite Skills Needed

As forensic accounting gains a higher profile, the American Institute of Certified Public Accountants is working to expand the profession's role in the field by educating CPA firms and college professors about the skills required.

The Institute published a report, Characteristics and Skills of the Forensic Accountant, which analyzes the results of a survey of attorneys, forensic CPAs and academics. The AICPA sought their views on the qualities they believed were essential in a forensic accountant. The report notes that in the wake of the economic crisis that began in 2007, forensic accounting has grown as a discipline for CPAs. The Institute, in fact, estimates that 20,000 to 30,000 CPAs now provide forensic accounting services.

See full Article.