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Forensic Accounting as Career option

Abhijeet Mehendale (General manager) (109 Points)

16 October 2007

Dear Friends

I heard about forensic accounting from few past issues of ICAI - what is it ? how to enter into this profession ? Which are the course offered in India on forensic accounting ? What is the pay scale ? who are the major recruiters of forensic accountants?

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25 Replies

Rachana Gadage (Account Executive) (136 Points)
Replied 17 October 2007

hi Abhijeet, https://www.indiaforensic.com/index.html this site will help u lot

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Prakash Popat (3134 Points)
Replied 17 October 2007

forensic accounting ,Sophisticated Western Words,Nothing special.

(Guest)

Hmm ! Its right that forensic accounting are sophisticated western words but can you explain more about these sophisticated words please. I am interested in knowing more about it.I read recently that some Indian was chosen as world's best forensic accountant. Check here https://timesofindia.indiatimes.com/articleshow/1677011.cms Which means these sophisticated words are gaining importance in India....please can u elaborate this concept

Abhijeet Mehendale (General manager) (109 Points)
Replied 18 October 2007

Dear Prakash I am sorry but i am not aware of the basic meaning of what is it ? If you can please tell me what does this mean and why sophisticated western words are repeatedly mentioned in ICAI journal at different point of time it would be really helpful Abhijeet

Prakash Popat (3134 Points)
Replied 24 October 2007

Dear Abhijeet/Archana,

"Forensic" words borrowed from Medical line,You must aware that In complicated medical case of sorting out reasons of deaths, Postmotum is normally done by foresnsic experts to determine exact reasons and possible causes of death,similarly Experts has to do the post mortum types of activity to find out reasons of company death.(Insolvancy/liquidations or frauds)But here in accounting parlance company may be existing but persons expected to arrive at reasonble solutions by forensic accounting techniques what and why went wrong somewhere,who exceeded his authority .?....... ............... like that type of specific assigned functions..............You R welcome for anymore clarifications.

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Prakash Popat (3134 Points)
Replied 24 October 2007

Dear Archana, I would like to add here my comments for your writing mentioned under. "I read recently that some Indian was chosen as world's best forensic accountant," We Indian R always better in providing services to the dead Rather than living persons therfore they R world best Forensic Accountant.....................................Lol Our Living persons do not have place of living and dead persons get well shelters in Qubarasthan...................... lol

Ramkrishna Mokashi (Chartered Accountant) (734 Points)
Replied 26 October 2007

Dear Rachana, Thank You For the Link.. Dear Others, I agree that "Forensic Accounting" are western words. But then the language in which you are communicating (E.G. English) is also western. I think Indian are best at this.. Acquiring foreign knowledge and using it to best of our own interest. Thats why Indians are best Software Designers, Knowledge Process Outsourcers and may be forensic accountants. P.S. No Indian has been awarded for Best Service in Morgue.. (LOL...)

Shashwat Shekhar (Assistant Manager) (3528 Points)
Replied 26 October 2007

Plz upload any doc over this in share files section, if any one is have any

Abhijeet Mehendale (General manager) (109 Points)
Replied 27 October 2007

It seems that there are some misconceptions in the minds of Mr. Popat. Ofcourse he keeps on posting on anything and everything hence sometimes he uses his creativity in posting answers.I know the basic definition of the word forensic accounting and it is simply not the one what Mr. Popat has explained. It has got nothing to do with deaths. It is simply misconception. I had an opportunity to listen to Mr. Mayur Joshi about which even Aparna has mentioned in her post. He come as the guest faculty at the GMCS classes in Pune.The definition of forensic accounting as given by him is the analysis of the financial evidences and there are two wings of forensic accounting - one of them is litigation support and other one is Fraud Investigation. It is a thrilling work area. I have one request to people like Mr. Popat if you donot know about the subject donot try to act smart and please donot spread misconceptions in the forum.

(Guest)

I completely agree with the views of Mr. Abhijeet. It seems that Mr. Popat has not even bothered to read the article in Times of India which i posted earlier. I think Mr. Popat is a street smart and i would like to know what services he has provided to the live people since he mentioned some abusive lines "We Indian R always better in providing services to the dead Rather than living persons therfore they R world best Forensic Accountant". I request the forum moderator to remove these lines

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Prakash Popat (3134 Points)
Replied 28 October 2007

Dear Rachana My basis objections with scatter contributors like you on this platform, interested with some vested interest,to be justify your claim,you have to established your credibility by contributions and become Members of caclubindia.com Y do you posting as Guest?

Prakash Popat (3134 Points)
Replied 28 October 2007

Dear Abhijeet, If you have better understanding on the subjects,nobody stop you to post it over here,ofcourse it will be great benefits to the members and students,You should not objects when I generlised the matter,for the sake of basic understanding of the readers.

Prakash Popat (3134 Points)
Replied 28 October 2007

The Topic you R posting as query and You claim You have better reply for the same,Ok fine but It indicate your ulterior motive.

Aisha (Finance Professional) (7874 Points)
Replied 28 October 2007

Forensic report file Mr Shekhar asked for

/files_display.asp?files_id=3669

Mr Popat do somethin constructive rather than only fightin @ this knowledge platform :))