The term forensic accounting refers to an accounting or auditing practice that involves the location, analysis, investigation, documentation, interpretation, and reporting of financial information relating to legal proceedings. Forensic accountants are routinely called upon when there are disputes regarding the legal interpretation of contractual obligations, when determining the extent of damages following a loss or when determining liability in tort situations or in criminal matters.
Many universities offer doctoral programs in accounting, business administration or forensic accounting specifically that will allow you to pursue research interests in the field of fraud investigation. A PhD differs from other degrees in terms of the commitment and time it requires.
You may find it hard to access the right information on the internet, so we are here to help you in the following article, providing the best and updated information on PhD in forensic accounting in Canada, University of Toronto forensic accounting. Read on to learn more. We at Collegelearners have all the information that you need about Forensic accounting in Canada .
PhD in forensic accounting online
This program is designed to provide students with the knowledge and skills in the field of forensic accounting and auditing. This degree includes courses in forensic accounting techniques, fraud detection, data management, cyber forensics, business valuation, and the ethical aspect of this profession. The program integrates case studies and real-world exercises.
Program Learning Outcomes
At the end of this program, the students will be able to:
- Identify and apply ethics, law, and rules and procedures to forensic accounting.
- Investigate and discover accounting and auditing fraud through forensics.
- Communicate the results of forensic investigation, orally and in writing.
- Designs ways to detect and prevent fraudulent activities
PhD in Forensic Accounting Admissions Requirement
Minimum Admission Requirements
Applicants admitted into the Masters of Forensic Accounting Program will be admitted under the University’s School of Graduate Studies admission requirements for a master’s program which include:
- a four-year bachelor’s degree from an approved university;
- a minimum of a mid-B standing (72.75% or 3.0 GPA) in their final undergraduate year (For Canadian universities, please visit the OLSAS Undergraduate Grading System Conversion Table to help guide you in determining whether you meet the minimum GPA requirements for our program)..
- Two years of relevant experience in accounting, business or law
- An official MFAcc application
- Two letters of recommendation
International Degrees
The University of Toronto School of Graduate Studies establishes degree & GPA equivalencies for international degrees. Please consult the School of Graduate Studies Admission Requirements to determine your country of study’s equivalency to the four-year bachelor’s degree requirement and mid-B GPA requirement.
If your country of study is not noted on the SGS web site, a ruling on admissibility may be obtained through the DIFA office.
English Language Proficiency
Proof of English Language Proficiency within the past 2 years is required for applicants:
- whose first language is not English,
- did not attend university in Canada and
- did not attend a university where English was the language of instruction and examination.
Proof of English language proficiency must be provided by satisfactory performance. Minimums for the following standardized tests are:
- Test of English as a Foreign Language (TOEFL) [Institution Code – 4306]
- Internet based: Total: 100, Writing: 22, Speaking: 22
- Paper based: TOEFL: 600 & TWE: 5.0
- Michigan English Language Assessment Battery (offered through a number of location for example MELAB.ca): 85
- International English Language Testing System (IELTS): 7.0
Society is facing the increasing prospect of local, national and international financial crimes perpetrated by individuals and members of organized crime. Traditional patterns of crime are continuously being expanded and new techniques involving cybercrime and shadow banking systems are taking hold. Criminals are very clever, well-financed, and have proven very able to erode the fabric of society. However, new techniques are evolving for preventing crime and apprehending criminals such as fraud risk assessment, data analytics and security, and understanding the psychology of fraudsters. More than ever, it is essential for dedicated, intelligent investigators to develop an understanding of old and new criminal patterns, and a mastery of new and old techniques for their identification and resolution.
master in forensic accounting and financial criminology in canada
The Master of Forensic Accounting (MFAcc) program is designed to provide the required understanding and mastery. On a time-tested, online, distance education platform, it will offer an advanced, master’s level education for professional accountants, lawyers, and other investigators. It will cover the theories, techniques and skills required for the investigation of financial crimes, the issues involved and computations required for the valuation of assets and businesses as well as the settlement of disputes, and the provision of expert assistance on these matters to courts, lawyers, corporations, and employers.
The University’s Forensic Accounting Programs have offered outstanding online education for over 10 years. As such, the MFAcc intends to become the preferred preparation for forensic accountants not only in Canada, but also worldwide, as well as persons in risk management and compliance functions, business valuation, fraud investigation in law enforcement, and financial investigations for such as the World Bank, The United Nations, and others.
- Online distance learning from anywhere in the world
- NO study visas required
- Part-time
- 10 courses over 2 years, one course at a time (while you work)
- web based in ‘real’ time
- Fully accredited and industry recognized
PhD in Forensic Accounting Salary Canada
The national average salary for a Forensic Accountant is $57,795 in Canada. The highest salary for a Forensic Accountant in Canada is $101,172 per year. The lowest salary for a Forensic Accountant in Canada is $38,209 per year.