Forensic Accounting Certification Course will introduce you to the world of fraud and give a deeper insight to the traits of fraudsters and investigators. Learn how cheating and deception happens and methods and strategies to investigate financial crimes using CAATTs, Forensics Tools and Novel Methods. This course is for those Chartered Accountants, professionals and graduates (with work experience between 4 and 5 years) seeking an insight into the world of forensics & fraud investigation and would like to add value to their careers. It is for those who wish to do something different from the run of the mill practice or move up the corporate ladder. There is no need to have detailed knowledge about accounting and auditing; only an open mind is required.
1.1 Introduction to World Of Frauds and Forensic Accounting - Difference between audit and forensic audit and traits to be developed by investigators.
1.2 Early Warning Bells - Red & Green Flags, Different types of symptoms and how to spot them at early stages.
1.3 Types of Frauds - Learn about various types of frauds with case studies.
1.4 Frauds and Use of Technology - Technology is double edge sword. Learn about Steganography and spreadsheet forensics.
1.5 Structured Investigation and Reporting - Steps in conducting of investigations and contents of forensic report.
1.6 Forensic Tests -1 Test of Impossibilities and Test of Reasonableness to identify frauds.
1.7 Forensic Tests -2 Juxtaposition Test to identify frauds.
2.1 Investigating Using CAATTs-1 - CAATTs Overview and 8 Check Formula, (i) Missing, (ii) Duplicates
2.2 Investigating Using CAATTs-2 - 8 Check Formula continued (iii) Round Numbers, (iv) Repetitive Odd Nos., (v) Single Transactions
2.3 Investigating Using CAATTs-3 - 8 Check Formula continued (vi) Classification, (vii) Stratification
2.4 Unconventional Methods (Using CAATTs)-1 - 8 Check Formula continued…(viii) Isolated Outliers - Benford's Law
2.5 Unconventional Methods (Using CAATTs)-2 - 8 Check Formula continued…(viii) Isolated Outliers - Relative Size Factor
2.6 Novel and Unconventional Method (Qualitative Methods) – 1 - Use of Birbal tricks to trap wrong doers.
2.7 Novel and Unconventional Method (Qualitative Methods) – 2 - Application of Barium test principles to locate risks and frauds.
2.8 Novel and Unconventional Method (Qualitative Methods) - 3 - Email Search
2.9 Novel and Unconventional Method (Qualitative Methods) - 4 - Case Study : The Magic Dust Fraud
3.1 Introduction to Digital Forensics and Its Usage - Digital Forensics what it and how to carry it out
3.2 Tools and Methods of Investigation
3.3 Case Studies in Digital Forensics
3.4 Interviews and Interactions Objectives and Steps in Conducting Interviews
3.5 Field Surveillance - What is field investigations and case studies
4.1 Excel Tutorials-1 Referencing and ‘IF’ command,
4.2 Excel Tutorials-2 Countif, CounIfs, SumIf and SumIfs Commands
4.3 Excel Tutorials-3 Filters – Basic and Advance
4.4 Excel Tutorials-4 Sorting
4.5 Excel Tutorials-5 Vlookup
4.6 Excel Tutorials-6 Pivot Table, Data Models