FAU launches forensic accounting center

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Florida Atlantic University's (FAU) College of Business announced this week the launch of their new Center for Forensic Accounting for students and the business community alike.

The Center represents the only one of its kind in Florida to focus on forensic accounting, which takes accounting, auditing, and investigative research and applies it to courts, businesses, and beyond.

FAU faculty member Michael Crain will act as the Center’s director, bringing with him 30 years of experience as a CPA specializing in forensic accounting and related fields.

“In addition to education and outreach, one of the missions of the Center is to develop knowledge in forensic accounting and fraud detection and prevention,” stated Crain. “We’re engaging with people who are directly responsible for regulating, detecting and reducing financial fraud and misrepresentation. We’re excited about the opportunities the Center for Forensic Accounting can offer our students who are interested in pursuing careers in this growing field."

FAU notably holds the oldest forensic accounting concentration within a Master of Accounting degree in the country. The University currently offers Masters of Accounting with three concentrations tied to forensic accounting, including digital accounting forensics and data analytics, and a concentration in business valuation. FAU offers these concentrations as either two-year in-person programs or online programs.

“Our School of Accounting is one of the largest in Florida and we support the development in this vital area of accounting that can help so many people,” said George Young, director of FAU’s School of Accounting, per a statement.

The Center also held a joint two-day conference recently with the U.S. Treasury Department concerning the “Forensic Accounting and the Bank Secrecy Act,” which drew in banking, forensic accounting, and fraud experts from the federal and state level.

For more on the University's forensic accounting program, head to their site here.

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