AICPA Forensic Q&A - Week 4
|What are the common skills possessed by Forensic Accountants?|
|They involve both fundamental forensic knowledge (an understanding of the legal system, rules of evidence and the courts) combined with a heavy emphasis on a specialized forensic area such as Bankruptcy, Computer Forensic Analysis, Economic damages, Family Law, Financial Statement Fraud, Fraud Prevention, and a general understanding of Valuation.|
|Do attorneys recognize the CFF Credential?|
|Through outreach efforts, the legal profession is beginning to appreciate the value of the CFF credential. One of the reasons for the launch of the CFF credential was that there was a market demand for a person who specializes in Forensic Accounting.|
|Must I have a CFF Credential to testify in Court?|
|No, but an understanding of the Body of Knowledge for the Forensic Accountant will provide a great deal of assistance in both understanding the legal environment as well as the various specialized areas of Forensic Accounting.|
Voice of the Editor
Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
This Week on AccountingWEB
Brian Fox, CPA, founder and CMO of Confirmation.com, explains how the company's electronic audit confirmation service helped the FBI uncover a $6 million fraud scheme.
Russ Wilson of Moss Adams talks with us about the firm's collaboration with WWU in educating and developing talented accounting and business professionals.
Plante Moran CPAs Gordon Krater, Alicia Sturtevant, and Susan Perline spoke with AccountingWEB about the firm's Women in Leadership initiative.
Jeff Thomson, CMA, president and CEO of the IMA, talks with us about the 2013 jobs market for accounting professionals.