Online Forensic Accounting Degrees 2021

Students looking for more creative careers with numbers should consider earning an onlne bachelor's degree in forensic accounting.

January 5, 2022 , Modified on June 9, 2022

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The demand for forensic accountants continues to grow in response to financial crimes such as money laundering, embezzlement, and identity theft. Forensic accounting offers a dynamic career opportunity for degree-seekers interested in an accounting career that combines accounting and specialized investigative skills.

A bachelor's in forensic accounting provides the general accounting and specialized training needed for an entry-level accounting job. Graduates enter a well-paying field that also offers good employment prospects. Accountants earn a $73,560 median annual salary, according to the Bureau of Labor Statistics (BLS). Learners who specialize in forensic accounting and hold industry certifications can earn substantially more than general accountants.

This guide provides more information about forensic accounting programs, salary and job prospects, and scholarships. is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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FAQ's: Bachelor's in Forensic Accounting Programs

true Q. How do you become a forensic accountant?

Aspiring forensic accountants need at least a bachelor's in accounting, forensic accounting, or a related field. Coursework in criminal justice or law enforcement provides an edge, as does CPA and CFE certification.

true Q. What do forensic accountants do?

Forensic accountants investigate financial information and other data to identify fraud or trace hidden assets. They prepare reports of their findings and testify as needed during litigation.

true Q. How much do forensic accountants make?

A general accountant makes a median annual salary of $73,560. Those who assume roles as financial analysts earn a median pay of $83,660 per year. Accountants with more experience can expect higher pay.

true Q. Who hires forensic accountants?

Accounting firms, financial institutions, insurance companies, law enforcement agencies, and other organizations hire these specialists to investigate various financial crimes.

Why Get a Degree in Forensic Accounting?

The forensic accounting field enjoys growth as companies work to reduce financial risk and address increasing financial wrongdoing such as cybercrime. A forensic accounting bachelor's degree provides the theoretical learning and hands-on training needed for entry-level positions.

The degree also prepares students for highly prized certifications such as certified public accountant (CPA) and certified fraud examiner (CFE). Students receive the foundation necessary to pursue a master's degree in accounting, giving them an advantage over peers. Many schools offer this degree online, providing learners with a flexible way to train for accountancy careers. Once they graduate, accountants can begin building their experience to advance their careers, employment prospects, and pay.

How Much Does a Forensic Accounting Degree Cost?

Students can expect to pay between $318-$450 per credit, and $38,160-$66,780 for an online bachelor's in forensic accounting. The cost of forensic accounting degrees depends on numerous factors. Online learning allows learners to earn their degree without relocating. They need not pay additional costs such as transportation and childcare. Degree-seekers can save money attending schools that charge a flat-rate tuition regardless of residency.

Students can save even more on tuition by transferring general education credits from community colleges into a bachelor's in forensic accounting program. Some colleges allow students to transfer up to 90 credits, providing great savings on bachelor's programs. In addition, accelerated 7- to 8-week terms typically shorten a student's degree completion time, helping them save on tuition costs.

Military-friendly institutions provide reduced tuition rates for active-duty personnel and veterans. Students should explore each institution's financial aid options to ensure a generous financial aid package.

Break down your current financial situation, and receive a college tuition estimate you can afford to pay.

How Much Do Forensic Accounting Majors Make?

While no degree can ensure employment, demand for forensic accountants helps increase learner's chances of finding work after graduation. Job availability depends on factors such as location and career experience. While accountants earn a $73,560 median annual pay, forensic accountants generally make higher salaries.

Accounting professionals and others with CFE credentials and fraud-related professional experience often make high salaries. The Association of Certified Fraud Examiners (ACFE) notes that CFEs earn 34% more pay than their noncertified peers. Over their careers, CFEs earn about $600,000 more than non-CFEs. Robert Half, a global HR consulting firm, projects a midpoint salary of $95,500 for forensic accountants in 2021. The organization also highlights some hot jobs in finance and accounting, including financial analysts and internal auditors.

Accountants who assume roles as financial analysts with just a bachelor's degree and no experience earn a median pay of $83,660 annually. The BLS also projects 5% employment growth for these professionals between 2019-2029.

Courses in Forensic Accounting

A bachelor's in forensic accounting blends general accounting principles and specialized forensic accounting coursework. Students complete 120-180 credits depending on the institution. General accounting courses cover topics such as managerial accounting, federal income tax, and financial statement analysis.

Degree-seekers cultivate proficiencies in specialized areas including white collar crime, the legal aspects of search and seizure, interviewing techniques, and fraud and compliance operations. An internship with an accounting firm gives students hands-on experience that employers value. Students culminate the bachelor's in forensic accounting with a comprehensive exam and/or a capstone project.

Students need 120-150 credits to qualify for the CPA. Many programs prepare students for the CPA, CFE, and other certifications. The following lists three courses representative of a sample curriculum.

Certifications and Licensure for Forensic Accounting

The CPA serves as the only licensing credential in accounting. Certifications in forensic accounting validate the holder's ability to perform tasks and procedures to industry standards. The following lists three key certifications for forensic accounting students and professionals.

The Association of International Certified Professional Accountants (AICPA) developed and administers the Uniform CPA Examination. Students can take the CPA exam with 120 credits, but most states require 150. Candidates pay application and exam fees and sit for a four-section exam that includes multiple-choice questions and task-based simulations. The American Board of Forensic Accounting's CRFAC certifies accountants' forensic accounting proficiencies. Candidates must hold a CPA license, a bachelor's degree, and at least two years of accounting/auditing experience. They must complete the CRFAC program to earn the credential. ACFE offers this certification to candidates with at least a bachelor's degree. ACFE associate members must demonstrate high moral character and at least two years of professional experience in fraud detection or a related field. They pay a fee and sit for the four-section CFE exam.

Scholarships for Forensic Accounting

Degree-seekers interested in pursuing a bachelor's in forensic accounting can use scholarship funding to help pay for tuition and related expenses. Funders establish eligibility guidelines such as financial need and outstanding academic performance. The following lists three scholarships.

Scholarships for Forensic Accounting
Scholarship Amount Who Can Apply

AICPA Scholarship Program

$1,500-$10,000 AICPA offers scholarships for accounting majors such as transfer students, ethnically diverse undergraduates, and accounting majors planning to pursue the CPA. Eligibility requirements vary.

Educational Foundation for Women in Accounting Scholarships

Varies EFWA administers a scholarship program for female U.S. citizens pursuing a degree in accounting. Eligibility requirements include academic performance, financial need, and a commitment to the accounting and finance field.

Online Bachelor's in Forensic Accounting Programs 2021

  1. Southern New Hampshire University

    Manchester, NH

    SNHU enrolls over 135,000 online students annually, making it one of the largest online schools in the United States. The school offers an online bachelor's in forensic accounting. The degree trains students to investigate fraud and to apply for a fraud examiner credential.

    The 120-credit program builds skills in accounting, auditing, and investigation. Core business courses include finance, business systems analysis, and business law. Students learn how to analyze financial records, audit financial information, and investigate illegal financial activity. SNHU offers unique courses like detecting fraudulent financial statements and conducting computer investigations. Learners also study interview techniques.

    Graduates often pursue careers as public accountants, auditors, and financial examiners. Applicants receive an admission decision within days of applying. SNHU is regionally accredited by the New England Commission on Higher Education.

  2. University of Northwestern Ohio

    Lima, OH

    Founded in 1920, UNOH offers an online bachelor's in forensic accounting. The degree focuses on accounting practices and managerial skills. Graduates can pursue careers in auditing, fraud examination, and forensic accounting.

    Within the accounting major, undergraduates can specialize their studies by choosing a CPA or forensic accounting track. The forensic accounting option trains students to prevent and detect illegal financial activity. Majors complete courses in auditing, criminal law, digital forensics, and financial statement investigation. After earning the degree, graduates can pursue the certified fraud examiner credential.

    Prospective students receive an admission decision within four weeks of applying. UNOH is regionally accredited by the Higher Learning Commission.

  3. Champlain College

    Burlington, VT

    Founded in 1878, Champlain offers career-focused programs with accelerated schedules. At Champlain, undergraduates can earn a bachelor's in forensic accounting online. The fully online program uses seven-week accelerated terms.

    The program offers a bachelor's in accounting with a forensic accounting certificate. The certificate includes 21 credits of focused forensic accounting coursework. Learners study topics like accounting information systems, auditing, and digital evidence. The curriculum also includes courses in white-collar crime and cybercrime. Forensic accounting majors complete these courses alongside computer forensics students.

    In addition to a forensic accounting certificate, Champlain offers certificates in advanced accounting and cost accounting. Incoming students can transfer up to 90 credits toward their accounting degree. Champlain is regionally accredited by the New England Commission on Higher Education.

  4. Franklin University

    Columbus, OH

    Located in Columbus, Ohio, Franklin specializes in offering degrees for adult learners. The private university offers an online bachelor's in forensic accounting program. The online program uses six- and 12-week courses to provide a flexible route to a bachelor's degree.

    The 124-credit forensic accounting program trains learners to prevent and investigate corporate fraud. Students learn how to identify money laundering, embezzlement, and tax evasion. They also learn how to track terrorist funding across international borders.

    Along with core courses in financial accounting, management, and finance, learners complete coursework in fraud examination, fraud investigation, and auditing. Students can customize the degree with electives. Examples include accounting data analytics, government accounting, and federal income tax. Before graduating, enrollees participate in a forensic accounting capstone project.

    Applicants work with admissions advisors to enter the program. Prospective students can also submit transcripts for a transfer credit evaluation. Franklin is regionally accredited by the Higher Learning Commission.

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