B.Com with Forensic Accounting
COURSE DESCRIPTION
Bachelor of Commerce + Forensic Accounting as specialization is an important undergraduate program. The course ensures knowledge of specific accounting methods. It develops the investigating mentality of irregularities in financial statements. Forensic accounting is going to be the rewarding career path for the commerce graduates in coming years. Investigative responsibilities often include conducting forensic research, auditing, analyzing financial data and identifying stolen assets.
ELIGIBILITY: Plus Two or equivalent examination recognized by this University with other subjects under Part III optional subjects provided they have secured 45% of the aggregate marks.
SCOPE
The forensic accounting specialists appeal for economic crimes, business valuations, corporate fraud, bankruptcy, etc. B Com with Forensic Accounting professionals can be hired in areas such as law firms, public and private companies, law enforcement, consultancy, and government agencies. The Bureau of Labor Statistics (BLS) predicts 13% job growth for accountants and auditors by 2022.The growth of all forensic accounting jobs should correspond with this rate, if not exceed it due increasing financial regulations, with some estimates predicted a 20% growth in demand for investigative auditors.
The professionals work in many types of industries and organizations and may interact with company executives, clients, forensics teams, or law enforcement agencies. They are in great demand in various insurance companies and bank for the investigation or prevention of financial fraud by auditing organizational finances to ensure regulatory compliance. Forensic accountants might also work for accounting firms. Job opportunities available for these graduates are Forensic Auditors/Accountants, Income tax departments, public and private bank sectors, Insurance companies etc.
B.Com with Forensic Accounting
JOB SECTOR
- Banking sector
- Private corporations/ firms
- Insurance companies
- Govt. organizations
- Public accounting firms
- Law firms
JOB ROLE
- Forensic auditor
- Accounting legal officer
- Insurance inspector
- Banking vigilance officer
- Corporate vigilance officer
- Chief financing officer
- Investor’s grievances head
- Forensic investigator