What is the only crime that could be pinned on the infamous Chicago
gangster Al Capone? Tax evasion. My collegiate goal is to become a
forensic accountant like Frank Wilson, the man who gathered enough evidence to indict the notorious Capone in 1931. There are several steps to be taken to achieve the goal of becoming a forensic accountant: one must obtain a college degree, pass the C.P.A. exam and become knowledgeable of criminal activity such as fraud.
A degree is a necessary foundation in this field. One must obtain at least
a bachelor's degree in accounting. Degrees in related fields such as finance, business or economics are also acceptable. For more complex positions, a master's degree is required.
Course work in criminal justice can also be a requirement. It is
important to be well aware of various scams, types of fraud and ways assets may be hidden. Being capable of criminal analysis of "white collar" crime is fundamental. Generating various reports in a well-written style for legal teams is also of high importance. That is where composition classes become a crucial part of success in this field, as well as relating key information in the most descriptive and exact way possible.
Finally, the Certified Public Accountant examination must be taken. A
passing grade on this exam ensures someone has learned the principles of auditing, regulations, reporting, ethics and financial accounting. Licensing varies state to state, as there is not a national exam.
If I am able to complete all of these steps, I feel I will be able to make a
big impact on the community. Where other forensic evidence is not enough, forensic accounting can be extremely effective in taking down criminals. It can also make those guilty of corporate crime become accountable.