With a renewed focus on prosecuting financial crimes, now might be a good time to consider a career in forensic accounting.
A recent New York Times report notes that President Obama’s budget is expected to call for more funding for the FBI to investigate mortgage fraud, as well as extra funding for the Securities and Exchange Commission. It’s clear that he and other top-level members of the Obama administration want to seize the opportunity to send a message of zero tolerance for mortgage fraud. The only question is when and how they will do it, Connecticut attorney general Richard Blumenthal was quoted as saying by the newspaper. Even before the current rash of financial crimes began making national news, the Bureau of Labor Statistics was projecting an above increase in demand for forensic accountants in the coming years. The current recession has only added to nationwide statistics for financial crimes and related activities like identity theft and illegal computer activities. If you have strong computer skills and an understanding of finance, this may be your perfect career.