Video: A day in the life of a forensic accountant

Video: A day in the life of a forensic accountant

Chris Osborne, Partner in the forensic services team at the business advisory firm at FRP, discusses the 'average' day of a forensic accountant.

In this first of a five-part video series, Accountancy Age spoke to Chris Osborne, Partner in the forensic services team at FRP, to ask what the role of a forensic accountant involves day-to-day, and what skills are needed to become one.

A vital quality of a forensic accountant is adaptability. Osborne describes how there is very rarely a ‘typical day’ as a forensic accountant, and any forward planning can completely change with one phone call.

Forensic accountants frequently work with lawyers and are often required to appear and give evidence in court, requiring complete impartiality, and will often be required to be deployed quickly in the case of fraud investigations. A forensic accountant is expected to respond quickly to client demands in investigations.

He says that for accountants who want to work in a dynamic environment that works across all types of industries, forensic accounting is a fantastic and exciting career.

Osborne joined FRP in 2016 and has over 20 years of experience working on disputes, fraud, bribery and corruption investigations. Within that 20 years, he spent three years on secondment with the Serious Fraud Office as a forensic accountant, and a secondment to the Financial Services Authority as a financial investigator.

He has acted as a party-appointed expert on behalf of both claimants and defendants, and as a single joint expert.

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

4m

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

8m

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

3m

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

4m

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource