The State University of New York at Old Westbury and its School of Business announced this week that it will launch a new graduate program in forensic accounting this upcoming fall semester.
The first program of its kind offered on Long Island, the Master of Science in Forensic Accounting degree will provide a 30-credit program for students looking to follow the career path of a forensic accountant or fraud examiner.
“We are very excited at being able to expand for Long Island our high-quality stable of graduate business programs,” stated president Dr. Calvin O. Butts, III. “An Old Westbury education in accounting has for decades prepared our graduates to excel when they sit for the state’s certified public accountancy exam. Now, by combining our existing undergraduate and graduate programs with our new program in forensic accounting, we are offering among the most comprehensive services in the preparation for the CPAs of tomorrow.”
The program will run as a three-semester arc over one calendar year, with graduates ultimately attaining the 150-credit hour requirement needed to qualify for CPA licensure in New York. The program will also help those studying for the Certified Fraud Examiner certification.
“Recent studies show that organizations globally lose an average five percent of annual revenues to instances of occupational fraud and abuse,” said Raj Devasagayam, dean of SUNY Old Westbury School of Business, per a statement. “Through this degree program, we will prepare professionals with the skills and preparation to identify fraud when it occurs, and to inform decision-making processes and develop procedures to protect against it.”
For more on the program, head to SUNY Old Westbury's site here.
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