HOLLYWOOD, Md. (Nov. 17, 2008)—Robert W. Askey, CPA, CFE announced that he has successfully completed the certification process with the National Association of Certified Valuation Analysts (NACVA) to earn his designation of Certified Forensic Financial Analyst (CFFA).
The Certified Forensic Financial Analyst credential is designed to provide assurance to the business and legal communities—the primary users of financial forensic consulting services—
Requirements to earn the Certified Forensic Financial Analyst designation include being the holder of one of NACVA's two business valuation credentials (Certified Valuation Analyst or Accredited Valuation Analyst) or a comparable credential such as a CPA, or an advanced degree (masters level) in economics, accounting or finance, or business administration.
In addition to demonstrating proof of substantial consulting experience, CFFA applicants must also complete intensive training in any one of the five areas of specialization (financial litigation, forensic accounting, business and intellectual property damages, business fraud-deterrence, detection, and investigation, or matrimonial litigation support) offered by the National Association of Certified Valuation Analysts' Forensic Institute and Consultants' Training Institute and pass a comprehensive examination.
"Specialized training and certification in the areas of fraud detection and forensic accounting are now necessary tools of our trade," said Askey. "Current economic conditions coupled with simple greed and man's need for financial survival require that we be properly trained in these areas to combat what will likely be an increase in incidents of thefts and embezzlements into the near future."