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Forensic accountant vs senior staff accountant

The differences between forensic accountants and senior staff accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a forensic accountant and a senior staff accountant. Additionally, a forensic accountant has an average salary of $66,833, which is higher than the $65,019 average annual salary of a senior staff accountant.

The top three skills for a forensic accountant include CPA, litigation and forensic accounting. The most important skills for a senior staff accountant are reconciliations, account reconciliations, and CPA.

Forensic accountant vs senior staff accountant overview

Forensic AccountantSenior Staff Accountant
Yearly salary$66,833$65,019
Hourly rate$32.13$31.26
Growth rate6%6%
Number of jobs39,176112,760
Job satisfaction-5
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Average age4444
Years of experience44

What does a forensic accountant do?

Working close together with law enforcement agencies, a forensic accountant specializes in investigating potential fraud and financial crimes. Their responsibilities typically include performing extensive research and analysis, gathering and analyzing various forms of financial data and storage, reviewing and validating documents, verifying information, and conducting internal and external financial audits. Most of the time, a forensic accountant presents research findings to lawyers and judges as evidence, which will require them to participate and testify in court proceedings.

What does a senior staff accountant do?

A senior staff accountant is responsible for managing the accounting operations of the company's accounting department, reconciling accounts, and finalizing financial reports to discuss with the management. Senior staff accountants resolve account discrepancies, analyze the company's financial status, and verify financial transactions. They must have excellent analytical skills and extensive knowledge of the accounting principles to perform accounting duties that would minimize the financial risk of the company. A senior staff accountant provides strategic recommendations to prevent overspending and increase efficiency across all departments to drive more revenues and profits.

Forensic accountant vs senior staff accountant salary

Forensic accountants and senior staff accountants have different pay scales, as shown below.

Forensic AccountantSenior Staff Accountant
Average salary$66,833$65,019
Salary rangeBetween $44,000 And $100,000Between $48,000 And $86,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateRhode IslandNew York
Best paying companyBerkeley Research GroupCalumet Specialty Products Partners
Best paying industryFinanceProfessional

Differences between forensic accountant and senior staff accountant education

There are a few differences between a forensic accountant and a senior staff accountant in terms of educational background:

Forensic AccountantSenior Staff Accountant
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Forensic accountant vs senior staff accountant demographics

Here are the differences between forensic accountants' and senior staff accountants' demographics:

Forensic AccountantSenior Staff Accountant
Average age4444
Gender ratioMale, 57.0% Female, 43.0%Male, 42.6% Female, 57.4%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5%Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between forensic accountant and senior staff accountant duties and responsibilities

Forensic accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Gain accounting and auditing experience with this CPA firm.
  • Select and roll out ERP software to meet company requirements.
  • Complete all tasks for a full service CPA firm independently with little supervision.
  • Inspect account books and accounting systems for efficiency, effectiveness, and use of GAAP to record transactions.
  • Prepare responses to interrogatories and requests for production documents.
  • Show more

Senior staff accountant example responsibilities.

  • Manage month end close process including journal entries, departmental analysis and preparation of consolidate financial statements and account reconciliations.
  • Involve in revenue recognition research (ASC 985-605 vs. ASC 605-25).
  • Aid managers in performing AP duties, generate financial reports for CPA, and reconcile bank accounts for corporate office.
  • Prepare balance sheet reconciliations and general ledger analysis in accordance with GAAP.
  • Advance SaaS deal and rev accounting.
  • Cultivate productive, trustful relationship with external CPA firm, critical to producing successful audits and year-end reporting.
  • Show more

Forensic accountant vs senior staff accountant skills

Common forensic accountant skills
  • CPA, 21%
  • Litigation, 16%
  • Forensic Accounting, 8%
  • Financial Data, 7%
  • Fraud Investigations, 7%
  • CFE, 5%
Common senior staff accountant skills
  • Reconciliations, 13%
  • Account Reconciliations, 7%
  • CPA, 7%
  • GAAP, 5%
  • General Ledger Accounts, 5%
  • Balance Sheet Accounts, 4%

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