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Forensic Accountant Salary

Earnings for Forensic Accountants in the United States come in at around $65K per year on average. Cash earnings for Forensic Accountants — which occasionally include more than $10K from bonuses and more than $10K from profit sharing — stretch from around $42K to approximately $119K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. Job satisfaction is high and work is enjoyable for most Forensic Accountants. Women are just slightly outnumbered, with male Forensic Accountants making up 51 percent of survey respondents. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$46,101 - $108,266
(Median)
$46K
$65K
$110K
MEDIAN: $64,960
10%
50%
90%

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$12.60 - $131.18
(Median)
$13
$25
$130
MEDIAN: $24.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$46,101 - $108,266  
   
Bonus
$0.00 - $10,208  
Profit Sharing
$-0.49 - $9,696  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,141 - $118,502  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 226
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$12.60 - $131.18  
   
Overtime
$7.00 - $75.87  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$0.00 - $10,208  
   
Profit Sharing
$-0.49 - $9,696  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,141 - $118,502  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 31

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United States (change)


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Job Description for Forensic Accountant

Generally, forensic accountants work for insurance companies, banks, government agencies, and police forces to detect fraudulent activities, and some run their own independent practices. Their work focuses heavily on investigating and analyzing financial evidence, and some may also assist in legal proceedings. They also serve as expert witnesses in courtroom settings and prepare visual aids as needed.

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Forensic Accountant Tasks

  • Research, analyze and compile account histories, financial documents and transactions.
  • Utilize accounting principles, financial analysis and auditing knowledge to prepare for legal disputes or litigation.
  • Ensure compliance with state and federal regulations.
  • Prepare reports and summary of findings.

Forensic Accountant Job Listings

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Forensic Accountants report a narrow range of specific skills. Most notably, skills in Financial Analysis, Accounting, Forensic Accounting, and Microsoft Excel are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Excel.

Pay by Experience Level for Forensic Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Forensic Accountants, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Although individuals who have less than five years' experience earn $62K on average, people with five to 10 years benefit from a notably larger average of $81K. Forensic Accountants who work for 10 to 20 years in their occupation tend to earn about $99K. Forensic Accountants who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $120K.

Related Job Salaries

United States (change)

Experience Affects Forensic Accountant Salaries

Late-Career
up arrow 78%

Experienced
up arrow 48%

Mid-Career
up arrow 20%

National Average
$67,000


Skills That Affect Forensic Accountant Salaries

Financial Analysis
up arrow 5%

Accounting
up arrow 1%

Forensic Accounting
0%

National Average
$67,000

Microsoft Excel
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 47 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
9%
1-4 years
50%
5-9 years
21%
10-19 years
11%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 71%
vision benefits Vision: 63% employee benefits None: 8%
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