Forensic Accountants
Helene M. Snyder
Dr. Ann Pohir-Vieth
Contemporary Business 508
August 8, 2012
Determine the most Important Five Skills that a Forensic Accountant Needs to Possess and Evaluate the Need for each Skill
Students interested in the Forensic Accountant profession are required to possess many skills because this is the hottest career in accounting. People who work in this career investigate white collar crimes such as business fraud, incorrect financial reporting, and illegal investment schemes. Certain government agencies have established core competency frameworks that a forensic accountant student’s must demonstrate. Some of these skills include strategic critical thinking, problem solving/decision making,
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A person should demonstrate self-control, self- confidence, attention to details, and be able to work independently and with ambiguity. In the business world, professionalism earns respect from other professionals in various careers. Professional people are inclining to support one another; therefore, a person must present themselves in an appropriate manner to be a part of this group. Technology is also a significant skill used by forensic accountants because they use databases to research information and prepare spreadsheets to illustrate their evidence.
Describe the Role of a Forensic Accountant within a Courtroom Environment
The role of forensic accountant in the courtroom is in the insurance and litigation markets, and expert testimony, and fraud auditing/ investigative accountancy. People in this field need accounting, auditing, and investigation skills. These skills are utilized to communicate financial information clearly and accurately. Technical skills are needed to prepare reports with visual aids to support trial evidence. An example is financial evidence is analyzed and presented in computerized applications that are presented to the clients. The analysis and opinions of the forensic accountant are the basis of legal cases and claim settlements. The litigation support is an extensive area
The textbook describes the characteristics of professionalism to be accuracy, courteousness and respectfulness, dependability, flexibility, commitment to lifelong learning, tactfulness accountability, positive attitude, and a professional appearance. In the following paragraphs I will describe five characteristics that I find important in professionalism.
Throughout my educational journey, my interest and attention was always captivated by classes which had even the slightest tendency towards Forensic Psychology. Yet, my passion remained unconscious until I took a class of Criminal Law in Business, class which seemed to hold the answer for the consuming question “What am I going to study at University?” From there, I began putting the puzzle pieces together, determined to find the source of the spark- Law, Criminology, Forensic Science all seemed to bring me closer to the right one for me: Forensic Psychology. Reading the first few lines of the field description was enough to assure me that there is no other subject could fascinate, intrigue and motivate me to give by best to apart from this. I became infatuated with the evidence that evil in a human being can be so incandescent, transparent and mischievous that it could bring down any barrier of normality. I became absorbed by its power to grow into the mind and punish the
A professional is characterized by or conforming to the technical or ethical standards of a profession (2) : exhibiting a courteous, conscientious, and generally businesslike manner in the workplace. Being professional should be a subconscious effort in the fact that it should always be applied. When employees are professional it helps the system run more efficiently and safely. A person must me a certain criteria when being evaluated on professionalism, a person is judged based on the clients; Attitude, Values, Communication techniques, and approachability. Clients who display a committed, dependable attitude will benefit more from work exerted, and overall be rewarded with incentives. Although professionalism may be in the eye of the
The Insanity defense is mentioned as confusing to the psychiatric and legal concept. Furthermore, it is explained that the word “insane” is more of a legal word, then a medical term, and therefor to prove a person or a criminal insane, one must find the mental condition, of a criminal, severely impaired to the point of losing one’s free will. A psychiatrist may be or may not able to determine such illness, and a jury’s decision solely based on a psychiatrists’ opinion may be grounded on unreliable evidence. Retrieved from; West's Encyclopedia of American Law, edition 2 (2008).
As human overpopulation increases, there will be a lack of resources and basic necessities that will become scarcer elevating crime rates. The broad field of forensics has numerous jobs that specialize in a specific duty. It provides and analyzes evidence in laboratories or offices that helps both state and local police departments solve crimes. As technology advances it also aids in the advancement of forensics. Forensic Science Technicians are required to have a variety of distinctive skills to assist in criminal investigations.
| (TCO A) An AICPA committee in 1986 broke forensic accounting into two broad areas:
ASC 410-20-25-8 indicates that an asset retirement obligation is estimable if all of the following exist:
There are many skills & traits that can help a criminal investigator be successful, it doesn’t need to know or possess knowledge of all of them since is to broad, but the most the investigator acquire the best, some of them are as followed:
If someone was interested in pursuing a career in forensics they would need a strong stomach or hardy exterior. The scenes can be gruesome and this job isn’t for everybody. Also work environment involves visiting morgues with hundreds of dead bodies. A quality that is needed in this field is composure. Things do tend to happen so forensics and other technicians have to refrain themselves and get the job done. Critical thinking and problems solving skills are very important when solving cases that deal with quick decision making and the need of good judgment. Every analyst needs to be detail oriented because they need to notice the small things in order to collect good data. Requirements for this field of work consist of having a bachelor’s degree. Math, chemistry, biology and physics are important courses to take when studying for criminal justice. Other requirements can include a number of hours in seminars and workshops. Moderate terms of on job training can refine an individual’s skills giving them a better and wider range in the field.
1). Forensic Psychology is the application of the theories of psychology to law and the legal system. Issues of violence and its impact on individuals and/or groups delineate the main and central concerns in Forensics within the adult, juvenile, civil, and family domains. Forensic psychologists provide advice to legislators, judges, correctional officers, lawyers, and the police. They are called upon, for example, to serve as an expert witness, diagnose and treat incarcerated and probationed offenders, and screen and evaluate personnel in the law enforcement and judicial systems. Forensics encompasses a wide range of academic orientation. Synonyms for Forensic psychologists include criminal psychologist,
Forensics and the Quintilian making students as good people through effective speaking, sincere, and persuasive presentation, logical reasoning. Motivate students to be honest and efforts for it is impossible to regard as gifted with intelligence those who, when they are offered the choice between the two paths of virtue and vice, choose the later.” – Quintilian (The Instituio Oratoria). Zeidler and Kirch (1999) pointed that “success in competitive environments increases self-esteem, grace under pressure, and may also pay off in educational opportunities” (p. 8). but are actively participating in becoming better communicators by participating in forensics” (p. 15). Hinck (2003) get jobs, and pursue careers beyond competitive forensics. contend.
First, this career field doesn’t leave much, if any, room for mistakes, and therefore, want to make sure I am as prepared as can be. Second, Forensics is considered to be a very competitive field of work. There doesn’t seem to be quite as many employers as there are prospective applicants. In order to combat this, I plan to do all that I can in order to make myself stand out from others and to be seen as a great
Are also matters that are handled from someone working in the forensics of psychology. Becoming a successful forensic psychologist requires at least the solid clinical psychology training and experience. Firm grounding in scientific theory and empirical research “understanding of scientific validity, research design, statistics, and testing” critical thinking skills thorough knowledge of social and cultural issues legal knowledge “including mental health law, case law, and courtroom procedures” excellent writing skills strong oral presentation skills and the ability to maintain one's composure under stress. Forensic Psychologists apply psychology to criminal justice. Although similar in some aspects, forensic psychology is different than forensic science.
This paper discusses the different roles that are taken on by a forensic psychologist, and how those roles interact and affect each other and how the psychologist is about to do his/her job. It looks briefly at the history of the field. We discuss the forensic psychologist as the consultant, the therapist, the researcher, as well as the expert witness. This paper also discusses predicting dangerousness and whether or not an expert can predict dangerousness. Finally we look at conflicting roles and ethics in the field.
Accounting skills are useful for companies and individuals who are trying to maximize their profits and maintain a competitive advantage, but forensic accounting can help bring justice and peace of mind for many others by illuminating financial processes that can help explain criminal actions and behaviors. The purpose of this essay is to describe the five most important skills a forensic accountant may possess in order to become successful. This essay will describe each one of these traits and describe its application to business operations. Next the essay will describe the role of the forensic accountant within a courtroom environment and then also discuss the legal responsibilities that these professionals have to obey in the course of their work. Finally this essay will highlight two real world cases where forensic accounting provided vital evidence in a legal court case.