In this video, Chris Osborne, Partner within the Forensic Services department at FRP, discusses the day-to-day working life of a forensic accountant with Accountancy Age.
I’ve been investigating grand corruption in the Financial services sector for the past 7 years. It has taken me to all levels of organizations from the junior pen pusher to the senior director of a multinational corporation. What I found fascinating was the lack of fear shown between the colluding perps and the assistance between the competition in sharing information about the investigator and his team. All in all an extremely important job that can be rewarding when the evidence is presented with nowhere to escape .
Most interesting. I am a qualified Bookkeeper but I find myself more and more concerned at vast amounts of public money lost in things like School Trusts. There is no reason for such organisations to fail
I'm from finance, systems and management and financial accounting, audit background with an eye for detail and I like reconciling, analysing, examining, verifying to see if numbers add up. I also have methodical approach and engineering mindset... All that and more but the challenge I have after fraud discovery to assess the complete loss or damage is dynamic, unverifiable, missing, conflicting, tempered, unreliable, inaccurate, incomplete, late (not timely) contradictory, concealed, doctored information, books, records, data, documents, etc that makes evidence gathering and proving and quantifying damage difficult. Verification from external parties e.g. Debtors hampered by collusion, ring fencing by the fraudster and some or all of the above. By reverse engineering I can find the missing pieces but it is on certain basis and assumptions and if those change so does the puzzle it's all without proof. You cannot get in actuality the true picture - just possibilities like in a murder case. Very frustrating!
@@mohamedelsamra7075 That’s awesome man, I’m going into Accounting and Finance at Uni too! Did you find it easy to find a company offering forensic positions?
Its a challenged career. Im.an attorney and looking for a career in Forensic Accounting. I have a degree in Forensic Accounting and looking for a job in the field.
So what they are saying is I have no degree so there is no point trying that career path? I have been a fraud investigator (home insurance) and assist with internal audits. Does that count for anything?
I’ve been investigating grand corruption in the Financial services sector for the past 7 years. It has taken me to all levels of organizations from the junior pen pusher to the senior director of a multinational corporation. What I found fascinating was the lack of fear shown between the colluding perps and the assistance between the competition in sharing information about the investigator and his team.
All in all an extremely important job that can be rewarding when the evidence is presented with nowhere to escape .
How do I break into a field like this?
@@jxy1748 get a bachelor's degree in accounting and the CFE certification as well as the CIA.
Most interesting. I am a qualified Bookkeeper but I find myself more and more concerned at vast amounts of public money lost in things like School Trusts.
There is no reason for such organisations to fail
I'm from finance, systems and management and financial accounting, audit background with an eye for detail and I like reconciling, analysing, examining, verifying to see if numbers add up. I also have methodical approach and engineering mindset... All that and more but the challenge I have after fraud discovery to assess the complete loss or damage is dynamic, unverifiable, missing, conflicting, tempered, unreliable, inaccurate, incomplete, late (not timely) contradictory, concealed, doctored information, books, records, data, documents, etc that makes evidence gathering and proving and quantifying damage difficult. Verification from external parties e.g. Debtors hampered by collusion, ring fencing by the fraudster and some or all of the above. By reverse engineering I can find the missing pieces but it is on certain basis and assumptions and if those change so does the puzzle it's all without proof. You cannot get in actuality the true picture - just possibilities like in a murder case. Very frustrating!
I'm heading into forensic accounting, I think I just had a stroke reading this comment
I am a junior forensic accountant any advices for getting better in my career path something like coursrs or certificate that will help me ??
Hey, what qualifications did you get for that entry level position and how did you get that job?
@@kian1767 hi
I have a bachelor degree in accounting and finance and currently I am an ACCA student
@@mohamedelsamra7075 That’s awesome man, I’m going into Accounting and Finance at Uni too! Did you find it easy to find a company offering forensic positions?
Its a challenged career. Im.an attorney and looking for a career in Forensic Accounting.
I have a degree in Forensic Accounting and looking for a job in the field.
Please message me @ 2605795325 have career questions. As a student
Could you Contact me on Gmail as I have some questions
Facebook: Emmanuel Efezokhae
Gmail: Oefezokhae@gmail.com
So what they are saying is I have no degree so there is no point trying that career path? I have been a fraud investigator (home insurance) and assist with internal audits. Does that count for anything?