Forensic accounting

Discussion on internships, jobs and graduate schemes for playing with numbers and cooking the books.

Announcements Posted on
TSR launches Learn Together! - Our new subscription to help improve your learning 16-05-2013
Interview discussion rules - please read before posting! 12-01-2013
Sign in to Reply
  1. ilovecatsforlife's Avatar
    • Exalted Member
    • Posts: 314
    Forensic accounting
    How would you enter this field post uni? Would any strong academic degree suffice just like other types of accountancy?
  2. ilovecatsforlife's Avatar
    • Exalted Member
    • Posts: 314
    Re: Forensic accounting
    Bump. There seems to be very little info on the net from a UK perspective. Plenty of info for people in the US tho. Would you get your ACCA/ACA then look to move into the field as a NQ CA?
  3. 2late's Avatar
    • Exalted and Worshipped Member
    • Location: London
    • Posts: 1,215
    Re: Forensic accounting
    At graduate level very few companies offer Forensic schemes. This is because they prefer to hire people who have qualified as auditors with an ACA - that's when people tend to go into Dispute Advisory Services, which is a very traditional Forensic Accounting service line (there are quite a number of them).

    Also, if you see grad schemes for Forensic, this is most likely because they are looking for people for their Anti-Money Laundering Compliance team. This is a major push in "Forensic" at present and generates a lot of revenues... the only issue is, it isn't really Forensic - which is why I quit part way through my ACA contract.

    If you have any specific questions, just reply to this message and I'll try to answer.
  4. ilovecatsforlife's Avatar
    • Exalted Member
    • Posts: 314
    Re: Forensic accounting
    (Original post by 2late)
    At graduate level very few companies offer Forensic schemes. This is because they prefer to hire people who have qualified as auditors with an ACA - that's when people tend to go into Dispute Advisory Services, which is a very traditional Forensic Accounting service line (there are quite a number of them).

    Also, if you see grad schemes for Forensic, this is most likely because they are looking for people for their Anti-Money Laundering Compliance team. This is a major push in "Forensic" at present and generates a lot of revenues... the only issue is, it isn't really Forensic - which is why I quit part way through my ACA contract.

    If you have any specific questions, just reply to this message and I'll try to answer.
    So could you give me firms which deal in forensic accounting? I know with ACA you can get forensic qualifications through ICAEW, but which route did you take to get into this field? Did you go to uni and then what did you do?

    Just saw you studied at the LSE, so you may name firms which are most probably out of reach for me
    Last edited by ilovecatsforlife; 22-07-2012 at 12:45.
  5. 2late's Avatar
    • Exalted and Worshipped Member
    • Location: London
    • Posts: 1,215
    Re: Forensic accounting
    http://www.accountancyage.com/static/top50-this-year - have a look at their recruitment pages.

    Also don't be discouraged, there are people from a range of backgrounds that go into Forensic and it doesn't require a top uni. As long as you can demonstrate that you are a competent individual you should be fine.
  6. Ice_Queen's Avatar
    • PS Helper
    • TSR Legend
    • Location: Coventry, UK
    • Posts: 10,096
    Re: Forensic accounting
    Sorry to hijack the thread a bit!

    I've had a look and can only find US info really. I note there is a separate qualification over there. Do we have something similar? I am doing CIMA and a bit scared I have cut myself off from forensics forever.
  7. livefires's Avatar
    • Full Member
    • Posts: 148
    Re: Forensic accounting
    http://www.pwc.co.uk/careers/student...advisory.jhtml

    There's a tab on that page entitled "Forensic Services". From what I can make out you still do the ACA, you're just attached to the forensic services team (split between financial advisory and assurance). I'm sure other UK accountancy firms have similar positions but, to be honest, I haven't looked.
  8. ilovecatsforlife's Avatar
    • Exalted Member
    • Posts: 314
    Re: Forensic accounting
    On a side note, when you apply for internships etc. Do the big4 restrict how many different applications you can make to the company. I.e. Assurance in London, Liverpool and Norwich etc. are they unrestricted?

    Thanks livefires, that actually looked really interesting
  9. M1011's Avatar
    • Overlord in Training
    • Location: London
    • Posts: 2,601
    Re: Forensic accounting
    (Original post by ilovecatsforlife)
    On a side note, when you apply for internships etc. Do the big4 restrict how many different applications you can make to the company. I.e. Assurance in London, Liverpool and Norwich etc. are they unrestricted?

    Thanks livefires, that actually looked really interesting
    Think it's one application per company.
Sign in to Reply
Share this discussion:  
Useful resources
Article updates
Moderators

We have a brilliant team of more than 60 volunteers looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Reputation gems:
The Reputation gems seen here indicate how well reputed the user is, red gem indicate negative reputation and green indicates a good rep.
Post rating score:
These scores show if a post has been positively or negatively rated by our members.