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What is a Forensic Accountant?

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Talent.com talent.com
Answered September 27 2021
Career Expert at Talent.com
One of the branches or specializations in the world of accounting is Forensic Accounting. The job of a Forensic Accountant is to use their skills and knowledge for litigations and cases that require investigation. Forensic Accountants combine their accounting, auditing, and investigative skills to look for and uncover information regarding financial irregularities, fraudulent activity, and commercial negligence. The word "forensic" applies in this case as it means "suitable for use in court," hence, its close relation with legislative processes.  
  
A popular misconception about Forensic Accountants is that they spend most of their time investigating and uncovering criminal activity (e.g., embezzlement and corruption). However, while a Forensic Accountant's work is closely tied to litigation processes, it's not that common for them to work on actual criminal cases.  
  
Forensic Accountants can be employed by specialized Accounting Firms, government agencies, and even companies looking to prevent financial scandals and improve their name and reputation. Other places where Forensic Accountants may find work are banks, police forces, and insurance companies. 
 
Personality of a Forensic Accountant
  • They are great with technology 
Forensic Accountants spend a great deal of their time analyzing and assessing data, a job that has long since left the realm of manual labor. Instead, they use software that speeds up their data processing and eliminates unnecessary errors to do their job efficiently.  
  
  • They have an uncanny attention to detail 
Since technology is still a ways away from perfection, we cannot always rely on its accuracy. It is a fact that Forensic Accountants can't ignore when it comes to their work, so remaining focused is highly critical as errors can make or break the outcome of a case. 
  
  • They are expert problem solvers 
Like any investigative role, Forensic Accounting requires the innate ability to know how to approach a problem to find a solution. IIt'snot uncommon to miss a critical detail at first, one that links the whole case together. With training and experience, these professionals know where to look for the data links they need to tease out a resolution. 
Easteregg!