Forensic Accounting and Fraud Examination Training Course

Module 1: Foundations of Forensic Accounting

• The difference between forensic accounting and auditing
• The role of a forensic accountant
• The psychology of a fraudster
• The fraud triangle and the fraud diamond
• Practical session: A discussion on a case study of a famous financial fraud

Module 2: Fraud Schemes and Typologies

• Common types of financial statement fraud
• Asset misappropriation schemes
• Corruption and bribery schemes
• The role of technology in enabling fraud
• Practical session: A group exercise on identifying fraud schemes in a given set of financial data

Module 3: The Fraud Investigation Process

• The stages of a fraud investigation
• The importance of a fraud response plan
• The role of the investigation team
• The importance of maintaining a chain of custody for evidence
• Practical session: A hands-on exercise on planning a fraud investigation

Module 4: Gathering and Analyzing Evidence

• The importance of proper evidence gathering
• Techniques for analyzing financial records
• The use of data analytics to detect fraud
• The role of documentary evidence and interviews
• Practical session: Analyzing a set of financial documents to uncover a fraud scheme

Module 5: Interviewing and Interrogation Techniques

• The difference between an interview and an interrogation
• The purpose of a fraud interview
• Best practices for conducting interviews
• The importance of non-verbal communication
• Practical session: A role-playing exercise on how to interview a suspect

Module 6: Digital Forensics and Cybercrime

• The role of digital forensics in fraud examination
• Common types of cybercrime (e.g., phishing, ransomware)
• The importance of collecting and analyzing digital evidence
• The legal aspects of digital forensics
• Practical session: A group discussion on a case study involving a digital crime

Module 7: Reporting and Communicating Findings

• The importance of a clear and concise report
• The role of the report in a legal proceeding
• The importance of objective and unbiased reporting
• Presenting findings to management and the board
• Practical session: A group exercise on how to write a fraud examination report

Module 8: Legal Aspects of Fraud Examination

• The role of civil and criminal law
• The legal burden of proof
• The importance of professional standards and ethics
• The role of expert testimony
• Practical session: A discussion on a case study involving the legal consequences of fraud

Module 9: Prevention and Internal Controls

• The importance of a strong internal control environment
• The role of a fraud risk assessment
• The importance of an ethical culture
• The role of a whistleblowing policy
• Practical session: A group exercise on how to design a set of internal controls to prevent fraud

Module 10: Capstone Project: Mock Fraud Investigation

• A comprehensive review of all course modules
• Participants work on a full-scale fraud investigation project
• Analyzing the case, conducting a mock investigation, and preparing a report
• Presenting their findings to the group
• Practical session: Finalizing and presenting a complete mock fraud investigation to the group

Requirements:

·       Participants should be reasonably proficient in English.

·       Applicants must live up to Armstrong Global Institute admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free

2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.

3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.

4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@armstrongglobalinstitute.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254725012095 / +254724452588

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Armstrong Global Training & Development Center Limited should be paid in advance, 5 days to the training.

2. Invoice: We can send a bill directly to you or your company.

3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

2. Participants may cancel attendance 14 days or more prior to the training commencement date.

3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location. For further inquiries, please contact us on Tel: +254720272325 / +254725012095 / +254724452588 or Email training@armstrongglobalinstitute.com

Accommodation and Airport Transfer

Accommodation and Airport Transfer is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@armstrongglobalinstitute.com or on Tel: +254720272325 / +254725012095 / +254724452588