February 1, 2009

India needs 6,000 forensic accountants to fight corp frauds

Forensic accountants are now in a position to turn the Satyam scandal into an opportunity during tough times for getting jobs, as the country needs more than 6,000 such professionals to check corporate frauds in India.

According to the report, there are only 400 forensic accountants in the country though India loses approximately $40 billion because of frauds.

SourceL: TheHinduBusinessLine


  1. But who is going to audit the forensic accountants

    Comment by ricky — February 2, 2009 @ 2:19 am | Reply

    • Dear Ricky
      Regarding the auditing for forensic accountants. Forensic accounting is analysis of financial evidences and there work is directly presented in the courts of laws and i think that is sufficient enough to track the work of forensic accountants.

      Comment by Rocky — March 2, 2009 @ 3:40 am | Reply

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