Forensic Accounting - Diploma

Course details

Forensic Accounting Course

Diploma in Forensic Accounting QLS Level 4. Additional CPD Accredited Certificate with 90 CPD points available with no extra study. The course comes with easy to understand e-learning study materials.

Endorsed Certificate of Achievement. Forensic Accounting concerns the supervision, analysis and general control of financial performance and activities. Along with contributing directly to the profitability or otherwise of any given business, Forensic Accountants also play a key role in Fraud Detection and prevention. Worldwide, Forensic Accountants save organisations incalculable sums of money each year, which would otherwise be lost as a result of fraud. Unsurprisingly therefore, demand for qualified and capable Forensic Accountants remains at an all-time high across both public and private sectors on a global basis.

Quality Licence Scheme
This course is endorsed by the Quality Licence Scheme. The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes.
Forensic Accounting Course
Learning Objectives
This advanced Forensic Accounting covers every essential practical skill and theoretical concept the learner must master to join this highly-competitive industry. Upon completion of the course, candidates will have the opportunity to pursue professional positions in key areas of Forensic Accounting, or begin establishing their own consultancies from scratch. Ultimately, the objective of the course is to assist learners with their transition from enthusiastic newcomer to fully-qualified and employed professional.
Over the course of 09 intensive modules, candidates explore the primary responsibilities and daily duties of the working forensic accountant. A range of crucial fraud-detection methods are investigated, along with effective evidence-gathering techniques, the growing threat cyber-crime poses to organisations at all levels and the importance of proactive fraud-prevention. The course also covers the role of the Forensic Accountant as part of a wider fraud-prevention team.
Upon successful completion of this course, candidates take away the most essential industry-specific skills, talents and knowledge including:
A detailed understanding of the Forensic Accounting profession
How Forensic Accountants protect businesses from loss and damage
Advanced understanding of common fraud techniques/patterns
An understanding of the mindset and psychology of the fraudster
Extensive knowledge of investigative and evidence-gathering processes
The confidence to build and present a case upon detection of fraud
Advanced knowledge of cyber-crime and related technology issues
The opportunity to step into a professional position for the first time
Course Outline
This advanced yet accessible Forensic Accountancy Diploma is delivered across 09 intensive modules – each concluding with an online assessment to verify your acquired knowledge and competencies. Comprehensive support and guidance will be provided by your personally-assigned tutor throughout your studies.
Unit 1 - Introduction to Forensic Accounting
This unit covers the following topics:
Introduction to Forensic Accounting
Brief History of Fraud and the Antifraud Profession
What Is Fraud?
Types of Investigation
Conducting an Investigation
Forensic Accountants, Fraud Auditors and Financial Auditors
Required Knowledge, Skills, and Abilities for Forensic Accountants
Plus more
Unit 2 - Psychology of the Fraudster
This unit covers the following topics:
Psychology of Fraudsters
High-Level and Low-Level Thieves
Victims of Fraud
Plus more
Unit 3 - Fraud Detection Techniques
This unit covers the following topics:
Fraud Detection: Overview
Laying a Foundation for Detection
Assessing the Risk of Fraud
Fraud Risk Factors
Identifying and Evaluating Risk Factors
Information Gathering
Analytic Procedures
Analytic Techniques
Financial Statement Fraud: Detection Techniques
Specific Detection Methods
Billing Schemes
Payroll Schemes
Revenue Recognition Detection Techniques
Plus more
Unit 4 - The Investigative Process
This unit covers the following topics:
The Investigative Process
Plus more
Unit 5 - Gathering Evidence
This unit covers the following topics:
Gathering Evidence
Evidence
Evidence Created by the Forensic Accounting Investigator
What Kind of Evidence should be Gathered?
Document Collection
Sources of Documents
Document Organization
Plus more
Unit 6 - Obtaining and Evaluating Non- Financial Evidence
This unit covers the following topics:
Obtaining and Evaluating Non-Financial Evidence
Interviews
Statement Analysis
Plus more
Unit 7 - Interviewing Financially Sophisticated Witnesses
This unit covers the following topics:
Interviewing Techniques
The Interview
Planning the Interview
The Interview Process
Plus more
Unit 8 - Fraud Risk Assessment
This unit covers the following topics:
Fraud Risk Assessment
Risk Assessment Factors
Risk Assessment Best Practices
Plus more
Unit 9 - Fraud Prevention
This unit covers the following topics:
Fraud Prevention
Plus more Updated on 19 April, 2021