Elevate your expertise with the Forensic Accounting for Fraud Training Event, a must-attend opportunity for auditors, accountants, and finance professionals driven to protect organizations from financial fraud. This engaging course equips you with advanced forensic accounting techniques to uncover fraudulent activity and ensure compliance with internal controls. Earn 2 NASBA-Approved CPE credits while gaining valuable knowledge to advance your professional development.
Why Attend?
1. Strengthen Your Fraud Detection Skills - Learn how to identify and assess fraud risks using proven forensic techniques and best practices.
2. Master Forensic Accounting Methodologies - Understand how forensic accounting integrates with internal controls to fight financial crimes and enhance fraud prevention initiatives.
3. Explore Cutting-Edge Software Tools - Gain insights into tools designed for analyzing Big Data and Metadata to investigate and document suspicious activities.
4. Earn 2 CPE Credits - Boost your professional standing while mastering the skills necessary to become a leader in fraud detection and prevention.
What You’ll Learn
This tailored training takes a deep dive into the essential skills and strategies forensic accountants need to combat fraud effectively.
Course Highlights:
1. Foundations of Forensic Accounting
Understand how forensic accounting complements the internal auditor’s role.
Explore the COSO Fraud Risk Management Framework to build a robust anti-fraud strategy.
2. Identifying and Analyzing Fraud
Learn how to classify fraud schemes, including corruption, asset misappropriation, and financial statement fraud.
Discover behavioral red flags and redemptive techniques for fraud detection.
3. Advanced Detection Techniques
Conduct financial ratio analysis using forensic methodologies.
Apply tools like Benford's Law to find anomalies in financial data.
4. Leveraging Technology
Use specialized forensic accounting tools for data recovery, analysis, and fraud detection.
Examine real-world case studies on how to extract metadata from documents and files to trace fraud.
Practical Tools and Techniques:
This course provides you with actionable resources that you can implement immediately:
Fraud risk assessment templates
Software recommendations for data analysis
Real-life case studies to connect theory with practice
Key Topics Covered:
Fraud in financial statements and common ways it’s concealed
Anti-fraud internal controls, including segregation of duties
Methods for documenting fraud investigations, including digital trails and evidence preservation
Preventative measures like "Tone at the Top" and corporate fraud policies
Benefits of Attending
Improved Fraud Risk Management: Gain confidence in combating fraud using evidence-based forensic techniques.
Career Advancement: Develop cutting-edge skills that highlight your expertise in fraud detection and forensic accounting.
CPE Credit Benefits: Earn 2 CPE credits in Auditing, meeting professional certification requirements.
Practical Tools: Access advanced software tools and take home real-world solutions for immediate application.
Event Details
Schedule: Offered every eight weeks on Fridays from 10 a.m. to 12 p.m. CST.
Format: Online, interactive sessions (Group Internet-Based).
Duration: 2 hours.
CPE Credits: 2 NASBA-Approved CPE credits.
Cost: $140.
Private Training Available: Personalize sessions for two or more attendees with flexible scheduling.
Who Should Attend?
This training is ideal for professionals committed to protecting organizations from financial crime, including:
Auditors: Strengthen your forensic skillset to detect suspicious activities effectively.
Accountants: Gain advanced fraud prevention techniques to enhance your organization’s compliance.
Finance Professionals: Sharpen your ability to identify risks and stop fraud before it impacts financial statements.
The Importance of Forensic Accounting in Fighting Fraud
Forensic accounting is a powerful tool in mitigating the financial and reputational damage caused by fraud. Mastering these techniques allows you to:
Expose Fraud Schemes: Detect irregularities in financial transactions and reporting.
Support Investigations: Produce actionable evidence to help prosecute fraudsters.
Uphold Integrity: Develop organizational policies and controls that reinforce ethical conduct.
Register Now
Take this opportunity to become a driving force in the fight against financial crime. With a comprehensive overview of forensic accounting techniques, advanced tools for fraud detection, and actionable insights, this training will set you apart as a trusted advisor in fraud prevention.
Register today to master forensic accounting skills, protect your organization, and earn 2 CPE credits to advance your career!

Forensic Accounting for Fraud

Name: Forensic Accounting for Fraud
Brand: Fraud-Forensic

$140.00

Dates Available

Quantity

Offered every eight weeks on Fridays at 10:00 a.m. to 12:00 p.m. Central Time in two CPE-Credit event.

We can schedule private events on your timetable for two or more attendees.

NASBA Program Disclosures

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing

CPE Credits: 2, based on 50 minutes of instruction per hour
The seminar reviews and answers the following questions:

Internal Control Principles and Fraud Management

Forensic Accounting Skill Set

Understanding the people that commit fraud

Overview of fraud classification

Financial Statement Fraud Analysis

"Best Practice" Anti-Fraud Controls

Using Software Tools to examine "Big Data"

Using Software Tools to examine "Metadata"
Attendees will:

Understand how forensic accounting is part of the internal auditor function.

Learn how to identify fraud risks

Review best practices in fraud prevention and detection programs

See what software tools are available for the forensic project.
Introduction
Section 1 - Internal Control Frameworks for Fighting Fraud

What is Corporate Fraud?

What is Forensic Accounting?

Forensic Accounting Skill Set

Forensic examination services

COSO "Fraud Risk Management" Model

External Auditor's Responsibilities

Section 2 - The Fraud Perpetrators

Things that do not prevent fraud.

"Violators of Trust"

"The Fraud Triangle"

Who are the "Fraud Perpetrators"?

Where is the "Fraud"?

Behavioral Red Flags

Fraud Discovery

Section 3 - Fraud Classification

Asset Misappropriation

Corruption

Financial Statement Fraud

Section 4 - Financial Statement Fraud Schemes

Top Reasons to cook the Books!

Methods for testing for fraud

Examples of how financial fraud is committed

Forensic tests of financial transactions

Section 5 - Preventing and Detecting Financial Statement Fraud

Prevention

Detection

Forensic Techniques

Forensics: Financial Ratio Analysis

Forensics: "Monday Tracing"

Benford's Law of Numbers

How to think like Mark Nigrini, PhD, MBA

Computer Forensics

Section 6 - "Best Practice" Anti-Fraud Controls

How are frauds concealed?

Having a process to report fraud and other activities

Fraud Policy

Corporate Code of Conduct

Segregate Incompatible Duties

Internal Audits

Confirmations

Physical Security

Human Resources Policies

Vendor Management

"Tone at the Top"

Information Security

Controls over Money Laundering (AML)

Section 7 - Software Tools and Techniques for Fighting Fraud

Fraud Examination Software

Forensic, Data Extraction and Analysis Tools

Case Management Software

Section 8 - Creating a Fraud Risk Assessment

The Heat Map - 80% - 15% - 5% Rule

Where in the organization's functions will the fraud occur?

Section 9 - Forensic Examinations

Electronic Data Recovery (EDR) Model

Metadata Extraction

Metadata Extraction Tools for PDF files

Metadata Extraction Tools for Image files

Metadata Extraction Tools for general files

History and Custody of Documents and Files

Document Examination

Social Media Research

T&E Forensic Analysis Example

Section 10 - Summary and Wrap-up
In this CPE event "Forensic Accounting for Fraud," attendees will immerse themselves in an insightful exploration of the critical role of forensic accounting in uncovering and combating fraudulent activities.

This event provided by CCS emphasizes the significance of forensic accounting techniques in detecting, investigating, and preventing financial fraud within organizations. Participants can anticipate a comprehensive session delving into real-world case studies, practical methodologies, and emerging trends in forensic accounting, empowering them to navigate the complex landscape of fraud with precision and expertise.
Expanding your knowledge after the CPE event on Forensic Accounting for Fraud is essential for staying informed about industry best practices and gaining deeper insights into the subject matter. Here are some authoritative sources along with web links to further enhance your understanding:

Association of Certified Fraud Examiners (ACFE)

The ACFE offers valuable resources and insights related to forensic accounting, fraud examination, and anti-fraud practices, providing a comprehensive understanding of fraud detection and prevention techniques.

Journal of Forensic Accounting Research

Accessing the Journal of Forensic Accounting Research can provide in-depth scholarly articles, research findings, and case studies in the field of forensic accounting, offering a wealth of knowledge for professionals seeking to deepen their expertise.

The Institute of Internal Auditors (IIA)

The IIA offers training courses, resources, and publications focusing on fraud and forensic auditing, equipping attendees with practical skills and knowledge to effectively address fraud-related challenges.

By delving into these authoritative sources, you can continue to build upon the insights gained from the CPE event, fostering a deeper understanding of forensic accounting for fraud and empowering yourself with the latest industry knowledge and best practices. Our goal is to help you do a better job at criminal accoutning investigations and in handling fraud investigations.

Forensic Accounting for Fraud

Details on Event Presentation

CPE Event Highlights

Learning Objectives

Key Issues on the Agenda

Summary of the Subject Matter

Authoritative Sources