The American Institute of CPAs announced on Monday that it launched two new intermediate-level certificate programs in forensic accounting this month, continuing to prepare students for the growing field of study.

The new "Core" and "Specialized" certificates are in response to the desire for professionals to be well versed in the area of financial crime and related fields.

“Our certificates provide new options to CPAs seeking a comprehensive pathway to the Certified in Financial Forensics (CFF) credential, as well as to other financial professionals who wish to show competency in financial forensics but are not eligible to get the CFF credential,” stated Barbara Andrews, AICPA director of forensic services. “Anyone wanting to expand his or her knowledge of financial forensics can benefit by enrolling in our new certificate programs.”

The Core Forensic Accounting Certificate will cover the areas of planning, performance and reporting of forensic accounting engagements, including:

  • Forensic engagement and management
  • Evidence identification and gathering
  • The discovery process
  • Effective interviewing techniques
  • Deposition and testimony
  • Preparing sustainable reports

The Specialized Forensic Accounting Certificate will cover more intricate forensic accounting areas, including:

  • Bankruptcy
  • Technology
  • Data recovery
  • Damages
  • Lost earnings and fringe benefits
  • Patents, copyrights and trademarks
  • Mergers and acquisitions
  • Detecting and investigating fraud
  • Divorce and other family law issues

Students who earn both certificates will meet the education and exam requirements to obtain CFF licensure. They must also have 1,000 hours of business experience in forensic accounting to meet the CFF requirements.

AICPA building in Durham, N.C.
AICPA building in Durham, N.C. Photo: AICPA

For more information, head to the AICPA's site here.

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