2. Introduction
The growing number of cyber crimes, failure of regulators
to track the security scams, successive busting of co-
operative banks etc. lead to a rise in the need of Forensic
accounting. Forensic accounting is the practice of utilizing
accounting, auditing and investigative skills to assist in
legal matters. Forensic accounting involves legal
investigation and analysis of financial documents of any
firm or client, who is involved in a legal dispute. It
encompasses 3 main areas – litigation (law suit) support,
investigation and dispute resolution. Litigation support
represents the factual presentation of economic issues
related to existing or pending litigation.
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3. Job Prospects
In India, in the wake of the Satyam scam, demand for
forensic accountants have gone up. There is an
increase in the rate of white collar crimes, such as
securities fraud and banking and investments
embezzlement. As a result, the demand for
professionals, who are experts in financial procedures
and have strong analytical as well as investigative skills,
is on the rise. Those who have completed a forensic
accounting program will work anywhere investigative
accounting is needed. Forensic Accounting firms are
everywhere and will exist as long as human beings
exist.
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4. Institutes
Premier Forensic Science Institute,New Delhi , Delhi
NCR.
Department of Forensic Medicine, SRM
University,Kancheepuram , Tamil Nadu.
Institute of Forensic Science & Criminology,
Bundelkhand University,Jhansi , Uttar Pradesh.
School of Business Management Accounting and
Finance,Anantapur , Andhra Pradesh.
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