Monday, May 25, 2020

Skills of a Forensic Accountant - 1348 Words

Forensic Accountant Skills Forensic accountants need many skills, but the top five most important skills are analytical ability, a desire to be ethical, an interest in being detail oriented, being insightful, and being responsive. All of these skills are seriously needed by those who are focused on forensic accounting, since these individuals must look into fraudulent and suspicious activity that is seen in a company (Buckhoff Schrader, 2000). Additionally, some companies hire forensic accountants in order to make sure there are no fraudulent or suspicious activities going on even if everything seems completely normal (Buckhoff Schrader, 2000). Working closely with people in law enforcement and working as expert witnesses when there are trials taking place are also other common activities for those who make their living as forensic accountants (Peterson Reider, 2001). In order to really understand the value of what forensic accountants do, it is important to discuss their most important skills in more detail. The analytical ability that the forensic accountant has is quite likely the most important skill he or she could possess. Anyone who is very analytical and also good with numbers would do very well as a forensic accountant (Buckhoff Schrader, 2000). There are many other careers in which that person could also get involved, but accounting on a forensic level is a great choice. 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