Monday, February 2, 2009

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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, a latest report suggests .

“There is an acute shortage of forensic accounting skill sets in India. At least 6,000 forensic accountants are required to fight corporate frauds in the country effectively,” said a latest report by Indiaforensic Consultancy Services on forensic account ing in India.

“Huge demand for forensic accountants has come up in the wake of the requirements from the investors after the Satyam fiasco,” said Mayur Joshi, CEO of Indiaforensic Consultancy Services, a Pune-based anti-fraud education and consultancy service provider .

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