Demand for Financial Forensics Services ´Set to Soar´

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Due to increased regulation and regulatory enforcement, as well as a record number of bankruptcies and corporate restructurings, the demand for forensic accounting services is set to “soar,” according to IBISWorld Forensic Accounting Services Market Research Report. NACVA and the CTI offer training and certification critical for CPAs and financial professionals wanting to branch into this specialty area.

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“As the financial forensics profession continues to grow, training and certification will be critical for CPAs and other financial service professionals who either want to branch out or concentrate in this area,” Howard Zandman.

Due to increased regulation and regulatory enforcement, as well as a record number of bankruptcies and corporate restructurings, the demand for forensic accounting services is set to “soar,” according to IBISWorld Forensic Accounting Services Market Research Report. To help CPAs and other financial service professionals obtain the necessary training, certification, and credibility so they can grow and thrive in the financial forensics area, the National Association of Certified Valuators and Analysts and the Consultants’ Training Institute offer specialized certification and training programs and the Master Analyst in Financial Forensics™ (MAFF™) credential. The MAFF credential and NACVA’s/CTI’s financial forensics programs are detailed in depth in the new 2013 Financial Forensics, Litigation Consulting, and Expert Witnessing Training Catalog, which was recently released.

NACVA and the CTI are pioneers in the financial forensics profession. For over 15 years, we have been providing live and online training and certification in this area,” says Brien K. Jones, Executive Vice President for Continuing Education and Business Development for the NACVA and CTI. “These programs are developed and presented by a team of nationally recognized financial forensic experts who are leaders in their respective fields, and unlike most financial forensic training that tends to be general in scope, our programs are a deep dive into the methodologies, approaches, trends, financial investigative techniques, communication skills, practice management, and practice-building strategies that are being employed by successful and emerging financial forensic analysts.”

“For those participants in the NACVA's and CTI's financial forensics programs, we start by defining both the legal and professional environments today in order to introduce relevant precedents, case law, and professional standards. Then we drill down into each functional area—bankruptcy, insolvency and restructuring; economic damages; business and intellectual property damages; business valuation in litigation; forensic accounting; fraud risk management; and matrimonial litigation,” states Michael G. Kaplan, CPA/ABV/CFF, CVA, MAFF, who has more than 37 years of experience in the areas of forensic accounting, business valuation, and litigation consulting. Kaplan is a past chair of NACVA's Executive Advisory Board, Litigation Forensics Board, and lead developer of training and certification that leads to NACVA's Master Analyst in Financial Forensics (MAFF) certification.

“As the financial forensics profession continues to grow, training and certification will be critical for CPAs and other financial service professionals who either want to branch out or concentrate in this area,” states Howard Zandman, CPA/CFF, MAFF, a partner in the Litigation Support Services Group of Habif, Arogeti & Wynne, LLP. “Training and certification ensures the users of financial forensics services that the financial practitioner understands professional standards, the legal underpinnings of financial forensics services as well as a thorough overview of the differences and similarities between the typical areas of demand.” Zandman has over 30 years of experience in complex damages and dispute resolution and is serving as the current Chairman of NACVA's Executive Advisory Board.

About the NACVA
Headquartered in Salt Lake City, UT, the National Association of Certified Valuators and Analysts (NACVA) is a global, professional association that delivers training from the nation’s leading experts in consulting fields such as business valuation, financial litigation forensics, expert witnessing, forensic accounting, fraud risk management, mergers and acquisitions, business and intellectual property damages, fair value, healthcare consulting, and exit strategies. Along with its training and certification programs, NACVA offers a range of support services, reference materials, software, and customized databases to enhance the professional capabilities and capacities of its members. NACVA is a member of the Institute for Credentialing Excellence™ (ICE™). NACVA's Certified Valuation Analyst® (CVA®) designation is the only valuation credential accredited by the National Commission for Certifying Agencies® (NCCA®), the accreditation body of the Institute for Credentialing Excellence.

About the CTI
The Consultants' Training Institute is comprised of leading experts in the fields of business valuation, financial forensics and forensic accounting, mergers and acquisitions, healthcare valuation and consulting, and a variety of other related business consulting disciplines. As the most widely respected professional training organization, the CTI combines hundreds of years of practitioner experience with academic insights to produce benchmark training and certification in the accounting and financial consulting industry's hottest growth niches.

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Brien Jones
NACVA
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