What is the scope of forensic accounting in future? Is it a well paid field?

What is the scope of forensic accounting in future? Is it a well paid field?


It is a growing industry; the requirement for hiring trained professional individuals is on a rise. One can be hired by any company or an organisation as a fresher but after gaining enough exposure and experience one can choose to open an agency of his own. The scope for finding a job abroad is huge too, as most of the companies have branches all over the world. Forensic accountants are required in almost all of the major accounting firms for investigating mergers and acquisitions, specialized audits and in other kind of civil litigation, tax investigations and even in money laundering. But the majority of the work that comes there way is related to divorce disputes, business carelessness investigation claims and personal injury claims. Because of its unique elements, it is such a potent combination of skills that it will be in demand for as long as human nature exists.
It is a well paid job, no doubt about that but as it has become a trend in all industries now, and the experienced professional gets better paid than a fresher. So is the case here. A fresher in this industry can start somewhere around Rs. 20,000/- to Rs. 30,000/- per month which gradually increases whereas an experienced professional can earn anywhere around Rs. 75,000/- to Rs. 1,00,000/-per month and it increases as per the performance.
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