Event Description:

The term ‘forensic’ means suitable for courts of justice or for public discussion and debate.  Forensic auditing provides an investigation methodology and accounting analysis that is suitable to the court which will form the basis for discussion, debate and ultimately dispute resolution. This course concentrates on practical advice for online delegates in the fight against fraud, with focus on deterrence, data mining and interviewing in a stressed environment. It provides an incisive analysis of how fraud occurs within an organization and explains the latest techniques for fighting it. Corruption is exposed and the methods it takes. Participants are exposed to the professional requirements for a career in forensic accounting. Upon successful completion of this online course, participants shall be awarded the Certified Professional Forensic Accountant by the Institute of Certified Forensic Accountants, USA and Canada.

The price shown on this website includes your training materials, tests and certification. No further payment is required

Learning Objectives: 

At the end of this course, participants will be able to:

• Detect white collar crimes within an organization;
• Identify various types of fraud
• Demonstrate skills for Forensic Investigations;
• Display anti-money laundering skills
• Conduct forensic auditing of most industries and MDAs
• Write forensic accounting investigation reports;
• Apply forensic accounting skills in the prosecution of economic crimes;
• Present forensic evidence in courts successfully;
• Write the Institute of Certified Forensic Accountants, USA/Canada certification exam with assurance of success
• Write various other forensic accounting and fraud examination tests successfully

Course Outline:

Lesson 1- Forensic Accounting 101

1. Definition
2. Forensic accounting explained
3. The History of Forensic Accounting
4. The need for Forensic Accountants
5. Increase in fraud?
6. Growth of Forensic Accounting
7. Services offered by Forensic Accountants
8. Forensic Accounting in Africa
9. Investigating agencies
10. Capacity building for Africa
11. What is fraud
12. Fraud background
13. The Fraud Triangle
14. Pressure or Incentive
15. Opportunity
16. Rationalization or Justification
17. And 79 other exciting topics

Lesson 2 - Corruption and the Psychology of fraud

1. Definitions of corruption
2. What causes and fuels corruption
3. Levels of corruption
4. Corruption prevalence
5. Procurement fraud
6. Examples of Corruption in Infrastructure
7. Some of the good practices in public procurement
8. Identifying risk of and vulnerability to corruption in the procurement
9. Recognizing the symptoms of corruption
10. Measuring and ranking the risk of corruption in your organization
11. Bribery and Kickback Red Flags in your Organizations
12. The Fraud Triangle
13. And 14 other exciting topics

Lesson 3 – Fraud Investigation

1. 3 ways to Explain Fraud
2. How is Fraud Discovered?
3. Source of Tips
4. 16 common anti-fraud controls
5. Two types of fraud Relevant to the Auditors
6. Fraud relevant to auditors
7. Detection of Fraud in Financial Reports
8. Procedures to be Performed by auditors
9. What is a Red Flag?
10. The Importance of Red Flags for Fraud
11. And 75 other exciting topics

Lesson 4 - Fraud Risk and Internal Control

1. Internal Control Components
2. Control environment
3. Risk assessment
4. The control activities
5. Information and communication
6. Monitoring
7. Definition of Internal Control
8. Why control?
9. Scope of Internal Control
10. 5 components of internal control
11. And 19 other exciting topics

Lesson 5 - Forensic Evidence and Money Laundering

1. Types of Witnesses
2. Documenting Evidence
3. Individuals
4. Neutral Third-Party Witnesses
5. Corroborative Witnesses
6. Co-Conspirators
7. Suspect
8. Expert Witnesses
9. How to Become an Expert Witness
10. Managing the Evidence
11. Rules of Evidence
12. Rule of Civil Procedure, Rule 26
13. Quality of Evidence
14. And 77 other exciting topics