The economic news continues to be grim but one profession that is now booming is forensic accounting. Financial frauds like the Madoff case and collapses of Wall Street companies have driven demand for forensic accountants in the public and private sector.
Richard Slavin, principal and chair of the Connecticut law firm Cohen and Wolf‘s securities group, told the Connecticut Post that with new federal regulations and claims against hedge funds and other types of funds and firms, he predicts things will be busy for six years for forensic accountants.
The Connecticut Post reports that the nation’s two most prominent investigative agencies–the FBI and CIA–are both engaged in a “hiring blitz.” The FBI is reportedly seeking a large number of accountants as it looks to fill 2,100 jobs, and the CIA is also looking for accountants.
If the recently proposed budget increases are passed (previously discussed here), the SEC and DOJ might also be looking to hire additional forensic accountants.
