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Forensic Accountants and Auditors

Employment Prospects

Employers

More than 1.5 million accountants and auditors (including those who specialize in forensic accounting and auditing) are employed in the United States. Forensic accountants and auditors usually work for accounting companies that provide litigation support for insurance companies, law firms, and other parties involved in litigation. Others are employed by government agencies and colleges and universities.

Starting Out

Most people spend several years working as accountants before specializing in forensic accounting. Their first hurdle after college is to find employment as an accountant. College professors and career placement counselors can help accounting majors arrange interviews with respected accounting firms and government agencies. Students also can contact these firms and agencies directly to learn about job opportunities. Many accounting firms and government positions are advertised in newspapers and on the Internet.

In general, accounting firms tend to offer better starting salaries than government agencies. Larger firms also sometimes have entire departments dedicated to litigation support services. New graduates who secure positions with these firms might have opportunities to learn the forensic ropes while gaining experience as accountants. With time, after earning a C.P.A. and gaining experience, an accountant within a large firm may have an opportunity to specialize in litigation support and forensic accounting. The largest firms (known as the "Big Four") include Deloitte (https://www2.deloitte.com), PwC (https://www.pwc.com), EY (https://www.ey.com), and KPMG (https://kpmg.com)

Another excellent way to gain relevant experience is by working for the Internal Revenue Service (IRS). IRS auditors and accountants use many of the same skills necessary for forensic accountants.

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