AICPA to launch certified in financial forensics credential.

• Position: News update

At its May meeting, the AICPA governing Council approved a new credential, Certified in Financial Forensics, in response to the marketplace's rising need for forensic accounting services. This credential will be the Institute's fourth, following the Personal Financial Specialist, Accredited in Business Valuation and Certified Information Technology Professional.

The demand for forensic accounting services is growing and the trend is expected to continue as businesses increasingly seek out experts to help them with a broad range of issues, such as economic damages, family law, fraud investigations and litigation. The Certified in Financial Forensics credential combines specialized forensic accounting knowledge and expertise with everything that makes CPAs among the most trusted business advisers. Moreover, it will debut at a time of popularity for forensic accounting as a career choice. The CFF will capitalize on a discipline with which the CPA is naturally associated and help distinguish credential holders as forensic experts.

Institute research revealed the increasing demand for forensic accounting services is expected to continue for the next five years and that the market...