"When we were evaluating how we might do this, we were either going to go big or not go at all," Rufus said. "If Pierson said, 'we're going to pass," I don't think we would have pursued it. It's one thing to write it. It's another thing to get it to market."
The goal is to sell around 15,000 copies of the first edition text. The two aren't sure if they'll author another book.
The textbook is designed for upper-level undergraduate courses, graduated courses and use by practitioners, Rufus said.
The 12 chapters reflect the comprehensive nature of forensic accounting, Miller said.
Forensic Accounting preaches a scientific method. The book covers cases in tax fraud, embezzlement, county malpractice and so on, Rufus said.
"Accounting, with all due respect, is kind of boring," Rufus said. "Forensic accounting is incredibly exciting."
Forensic accountants are used in both civil and criminal cases.
"If you make a mistake in our business you've cost a client their freedom possibly or money," Rufus said.
They hope the current edition will serve students, educators and practitioner for three to four years. They will work on updated editions of the text in the future.
The process has benefited both beyond the potential royalties.
"I saw myself evolving both as a practitioner and as an educator," Rufus said. "When you reduce it to writing in an effort to communicate the importance to someone else it really resonates with you."
The two see a wide market value for the textbook.
"Now, we will wait and see what happens," Rufus added.
Reach Caitlin Cook at caitlin.c...@wvgazette.com or 304-348-5113.