Becoming a Certified Forensic Accountant®

 

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The Certified Forensic Accountant® program assesses Certified Public Accountants’ (CPAs) knowledge and competence in professional forensic accounting services in a multitude of areas. Forensic accountants may be involved in both litigation support (providing assistance on a given case, primarily related to the calculation or estimation of economic damages and related issues) and investigative accounting (looking into illegal activities).

Benefits of becoming a Certified Forensic Accountant®

  • Grants recognition of knowledge and skills by a third party
  • Enhances professional reputation and provides personal accomplishment
  • Supports continued professional development
  • Demonstrates a high level of commitment to the field

Credential Content

The Certified Forensic Accountant® program covers all of the topics a CPA needs to expand their field of expertise. The credential goes beyond the traditional training a CPA receives. The materials include:

  • History of forensic accounting
  • Fraud auditing
  • Asset misappropriation scams
  • Alternate dispute resolution
  • Preparation and courtroom tips
  • Document retrieval and analysis
  • Rules of evidence
  • Government auditing techniques
  • IRS Valuation Guidelines

Steps to becoming a Certified Forensic Accountant®

1) Meet the eligibility requirements

These requirements must be met in order to apply for the Certified Forensic Accountant® program:

  • Must currently hold the CPA license or international equivalent (to be determined by the Board)
  • Must be registered with your State Board of Accountancy, if required by state law
  • Must be in compliance with all local ordinances, state laws, and federal regulations
  • Bachelor’s or Master’s Degree
  • Two years of experience (to be determined by the Board via a scoring matrix process)
  • Depending on your experience score and forensic accounting academic background, forensic accounting training may be required (see Forensic Accounting Review under Programs/Courses)
  • No felony convictions

2) Apply to the program (application at the bottom of this page)

Submit the application, fees, and required supporting documentation, including the following:

  • Current resume/curriculum vitae
  • Degrees
  • CPA License or international equivalent (to be determined by the Board)
  • Other licenses, certifications, certificates, and/or commissions
  • At least two (2) professional references

The exam fee for Certified Forensic Accountant® certification is $585.

3) Prepare for the exam

Once you have been approved, you can begin preparing for the exam. We require that you purchase and study Forensic and Investigative Accounting, Seventh Edition by Crumbley, Heitger, and Smith. You can purchase the textbook at Amazon or other retailers. This textbook is full of useful information for your review process.

More detailed information about the Certified Forensic Accountant exam can be found here.

4) Sit for the exam

After successful completion of the exam, you will receive the esteemed Certified Forensic Accountant credential from ABFA. Your credential will be mailed to you within 4-6 weeks of completion of the exam.

applynowblueIf you are not a current member of ABFA, click here. 

 

applynowblueIf you are a current member of ABFA, click here.

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