Forensic Accounting Qualifications
Qualifications for becoming a forensic accountant include a four-year degree in finance, economics or political science, two years of practical experience and a passing score on the forensic examiner certification exam. Learn about the high standards of ethics for forensic accounts with information from a forensic accountant in this free video on careers.
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Hello my name is Mona and today I'm going to be talking to you about forensic accounting. What are the forensic accounting qualifications? Well the first one, you need a 4 year degree in any university and any discipline. It does have to be in accounting or in finance or in economics. You can have a degree in political science and still take, become a forensic accountant. Two year practical experience. Now that's very vague, 2 year practical experience means that you can be in the accounting department of a company, an auditing department of a company, even the collections department of a company and still qualify with 2 years practical experience. You need to sit for a 4 part CFE exam. What's a CFE exam? CFE exam is a Certified Forensic Examiner. That's what a forensic accountant is and that's the name of the organization you'll belong to if you pass this 4 part CFE exam. And you have to have a code of ethics. The CFE or association demands a code of ethics. You have to by nature since you are a fraud or a forensic accountant, you have to have higher standards then most other people in a company. Now I do want to stress one thing, you do not need a CPA license to be a forensic accountant. Many CPAs do have this, but it is not a qualification. So please, do not sit for the CPA exam if you're only planning to become a forensic accountant. Those are two separate certifications and two different types of work. But remember, if you want to keep your company healthy, look at your books. See you soon, thanks.