Hi! I am interested in Forensic Accounting and would like to ask what pathways did you guys take? I am a recent graduate and work experience as an accounting clerk.
I am interested in taking CFE. Do I also need to take CPA? Or the CFE is sufficient?

Thanks in advance!

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I recommend CPA for sure, and then the CFE. Many opportunities that are pathways to forensics start in other accounting areas and a CPA is beneficial. This also gives you options if you decide forensics isn’t for you.

As EY1 said, I would go for the CPA first and then the CFE. The CPA is still the gold standard and you can never go wrong with it.

Accounting clerk experience probably won't get you in the door for forensics. I advise audit experience as this is more transferrable. Another option would be to get your masters in forensic accounting. Some universities offer that now and some have some really cool partnerships with government and private firms to do simulated cases or sometimes real cases.

I would also probably think about whether your goal is to work in private or government. In private, you will likely work on civil cases. Whereas in government, you will almost certainly work criminal cases (except maybe the IRS and other agencies do pursue criminals civilly such as asset forfeiture...but I digress..).

While there are similarities between civil and criminal from a forensic accountant perspective, they are mostly very different in my opinion. In civil, the damages calculation can include things like interest and other things. In criminal, you usually just include the "principal" of the theft/crime and err on the side of conservatism. In both, trial is not always the final outcome due to plea bargaining but you do your work and prepare your schedules as if you expect to be in a trial with cross examination. Your notes and schedules are usually all subject to discovery and cross examination.

I would actually recommend the CFF credential if you are going to work civil cases. The CFE for government agencies.

Sorry for the rant. I had a roundabout way myself and wish I knew what I typed above earlier in my career.

Just some thoughts to think about.

The field is growing and exciting times ahead.

Good luck :)

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