The Development Status of Forensic Accounting

In Britain, the United States, Canada and other countries, the demand for forensic accounting has been rising. After the "9. 1 1" incident, the United States even used forensic accounting in the anti-terrorism investigation. The Canadian Institute of Chartered Accountants has proved that banks, financial institutions and large enterprises have begun to employ forensic accountants to prevent corporate fraud and other unethical behaviors. However, some large international accounting firms (such as the "big five" accounting firms in the United States) have set up forensic accounting departments one after another, increasing the number of forensic accounting personnel.

In Hong Kong, the market demand has reached a certain level, and it is necessary to set up a professional team to provide this service. "

The most mature and developed place of forensic accounting is the United States; In China, Hong Kong is clearly one step ahead. In the next stage, China will have great market opportunities in this field.

Lawyers and accountants, as the two most striking occupations in today's society, jointly support the operation order of our economy and society. Lawyers defend our rights and accountants take care of our interests. Since the end of 1999, with the emergence of MDP as a new profession, forensic accountants, who are accountants and lawyers, have stepped onto the historical stage since Harvard and immediately attracted widespread attention. At present, the follow-up survey of 18 "hot jobs" in the United States has been completed with "American News and World Report". According to the survey results, 18 "hot jobs" in 18 hot industries in this century have been judged. Forensic accounting ranks first. Experts predict that forensic accounting will become one of the hottest occupations in China in the next 10 years.

The development of forensic accounting in China is relatively backward, and the market demand of forensic accounting is increasingly apparent. It is understood that the first case of civil tort compensation in China securities market-Bohai Group civil tort case, the original defendant and the defendant argued endlessly on key issues such as whether there are false financial data in the financial report, how to calculate the compensation loss, and whether the loss is necessarily related to violations. Because these problems involve very complicated accounting professional knowledge, they have attracted great attention from the judicial and accounting circles.

With the development of global economic integration, various economic cases involving complex financial and accounting issues occur from time to time, and the parties to the dispute need professional forensic accounting agents to judge and appeal the judgments made by the court. Therefore, experts in the industry generally predict that the market demand for forensic accounting will be growing.