Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
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 | Senior Staff Accountant | |
| Yearly salary | $66,833 | $65,019 |
| Hourly rate | $32.13 | $31.26 |
| Growth rate | 6% | 6% |
| Number of jobs | 39,176 | 112,760 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 77% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
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 accountants and senior staff accountants have different pay scales, as shown below.
| Forensic Accountant | Senior Staff Accountant | |
| Average salary | $66,833 | $65,019 |
| Salary range | Between $44,000 And $100,000 | Between $48,000 And $86,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Rhode Island | New York |
| Best paying company | Berkeley Research Group | Calumet Specialty Products Partners |
| Best paying industry | Finance | Professional |
There are a few differences between a forensic accountant and a senior staff accountant in terms of educational background:
| Forensic Accountant | Senior Staff Accountant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 77% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between forensic accountants' and senior staff accountants' demographics:
| Forensic Accountant | Senior Staff Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 57.0% Female, 43.0% | Male, 42.6% Female, 57.4% |
| Race ratio | Black 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 Percentage | 7% | 7% |