The field of forensic accounting is an interesting and growing industry. Due to the amount of people that are in the field, professionals have a number of different professional organizations to choose from. There are five forensic accounting professional organizations, in particular, that professionals in the field should consider.
1. Institute of Certified Forensic Accountants
One of the leading professional organizations for those in the field is the Institute of Certified Forensic Accountants. This organization is designed to help people in the industry receive more ongoing education and networking. It is one of the largest and most commonly used resources for when it comes to receiving the CFE designation. Those that are involved in the organization will also be able to attend a variety of in-person sessions every year that discuss changes and improvements to the field, new accounting laws, and ways to detect fraud.
2. National Association of Forensic Accountants
Those that are looking for the most opportunities for education within an organization should consider joining the Institute of Certified Forensic Accountants (ICFA). This professional organization is the oldest such organization and was founded in 1991. Today, the organization provides members with a range of amenities included newsletters, annual conferences, certification opportunities, and a variety of training courses. The organization also has a team of professionals that are designed to help younger members earn their CFE certification and advance in the career.
3. Association of Certified Fraud Examiners
The Association of Certified Fraud Examiners (ACFE) is another popular professional organization for those in the field. The organization is one of the best known organizations when it comes to developing younger accountants. The organization hosts dozens of different meetings every year, many of which are designed to provide more entry-level education to those new to the industry. The organization also has dedicated support to help someone pass both the CPA and the CFE exam.
4. American Board of Forensic Accounting
The American Board of Forensic Accounting was established in 1993 and is one of the oldest professional organizations in the industry. The organization specializes in providing consultation and mentorships between younger and more experienced industry members. The organization also has one of the most robust job boards available today, which is constantly upgraded and updated with new jobs located all over the country. The organization provides members with a number of networking and continuing education options
5. American Institute of CPAs
While it is not specifically designed for forensic accountants, the American Institute of CPAs (AICPA) is a great option for any professional accountant. The AICPA is the largest accounting professional organization in the world and will provide someone with the largest professional network possible. The organization hosts a number of different meetings and conferences every year, several of which include focuses on forensic accounting.
Related Resource: 5 Great Books for Forensic Accountants
In conclusion, the field of forensic accounting is a growing industry and is ideal for anyone that has an interest in accounting and investigation. Those that are employed in the field should consider joining one of the various professional organizations.