Becoming a Certified Forensic Accountant® [CRFAC®]

 

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The Certified Forensic Accountant® program assesses Certified Public Accountants’ (CPAs) knowledge and competence in professional forensic accounting services and is a fully comprehensive certification program covering forensic accounting, fraud, litigation services, cyber security issues, and valuations.

Benefits of Becoming a Certified Forensic Accountant®

  • Grants recognition of knowledge and skills by a third party
  • Enhances professional reputation
  • Provides personal accomplishment
  • Supports continued professional development
  • Demonstrates a high level of commitment to the field of practice
  • Demonstrates a specific level of knowledge and skill
  • Increases opportunities for career advancement and/or increased earnings
  • Validates skills and knowledge
  • Communicates credibility
  • Serves as a differentiator in a competitive job market
  • Meets employer or governmental requirements

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:

  • Forensic accounting history
  • Broad-based approach to forensic accounting
  • Fraud auditing and analysis
  • Misappropriation scams
  • Advanced audit and analysis techniques
  • Risk management
  • Litigation support services
  • Preparation and courtroom tips
  • Document retrieval and analysis
  • Rules of evidence
  • Cyber security for accountants and auditors
  • Government auditing techniques
  • Valuation guidelines
    …and much more

Steps to becoming a Certified Forensic Accountant®

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)
  • No felony convictions

Submit the application 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

Once your application has been approved, you will need to join the ABFA as a general member and take the Forensic Accounting Review course.  At that time, you may also begin preparing for the exam. More detailed information about the Certified Forensic Accountant exam can be found here.

After successful completion of the exam and being in good standing with the Board, you will receive the esteemed CRFAC® credential from the American Board of Forensic Accounting®. Your credential will be mailed to you within 2-3 weeks of completion of the exam.

 

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