Forensic Accounting and Fraud Control Training Course

Course Overview

Welcome to the Forensic Accounting and Auditing Training Course! Corporate fraud is a pervasive threat that can lead to significant financial losses, legal issues, and a breakdown of trust among stakeholders. As technology advances, so do the sophistication and prevalence of white-collar crimes, such as embezzlement and money laundering. This comprehensive course is designed to empower professionals with the knowledge and skills necessary to detect and prevent corporate fraud effectively. Participants will gain deep insights into forensic accounting and auditing techniques, equipping them to handle the complexities of modern financial crimes and protect their organizations.


Target Audience

This course is ideal for:

  • Directors, Board Members, and Chief Financial Officers responsible for corporate governance
  • Auditors and Financial Professionals ensuring transparency in financial reporting
  • Bookkeepers and Accountants managing daily financial transactions
  • Shareholders and Investors interested in understanding financial health
  • Legal Professionals involved in financial contracts and risk management
  • Risk Managers and Consultants specializing in forensic services

Course Objectives

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

  • Build a solid foundation in accounting practices and financial statement analysis
  • Understand the legal environment surrounding forensic accounting
  • Learn responsibilities and techniques of forensic accountants for fraud examination
  • Conduct in-depth training in fraud detection methodologies and investigation procedures
  • Develop skills in business valuations and fraud prevention strategies
  • Prepare and present forensic audit reports supporting legal actions
  • Implement effective fraud detection frameworks within organizations
  • Apply the COSO Fraud Risk Management Guide to manage corporate fraud

Course Outline

Module 1: Introduction to Forensic Accounting and Fraud Examination

  • Fundamentals of accounting practices
  • Essentials of forensic examination
  • Responsibilities of accounting investigators and auditors
  • Overview of the forensic accounting legal environment

Module 2: Understanding Corporate Fraud

  • Overview of white-collar crimes
  • Effective fraud investigation techniques
  • Types of corporate fraud
  • Psychology of the fraudster profile
  • The Fraud Triangle theory
  • Impact of corporate fraud on stakeholders

Module 3: Examination of Financial Statements and Analytical Techniques

  • Scope and types of financial statement frauds
  • Analysis of financial statements and audit reports
  • Horizontal and vertical analysis
  • Financial ratio analysis
  • Anomaly detection for identifying nonconformities

Module 4: The Fraud Investigation and Engagement Processes

  • Techniques for recognizing symptoms of fraudulent behavior
  • Review of the investigation process and case initiation
  • Evidence collection methods: Observational, Financial, Non-Financial

Module 5: Data Compilation and Analysis

  • Importing and analyzing data using MS Office tools
  • Root Cause Analysis (RCA) of corporate fraud
  • Data analysis based on Newcomb-Benford's law
  • Overview of data-driven fraud analysis techniques

Module 6: Reporting of Findings and Analysis

  • Auditor responsibility and reporting standards
  • Forensic audit report template
  • Risk assessment and reporting
  • Business valuation and damages reporting

Module 7: Fraud Prevention

  • Examination of the existing internal control environment
  • Understanding the COSO Model: Control Environment, Risk Assessment, Control Activities, Information & Communication, Monitoring
  • In-depth review of COSO's Fraud Risk Management Guide 2016
  • Learning the 'Evaluate – Identify – Deter – Respond' cycle

Module 8: Deterring Corporate Fraud

  • Identifying organizational tolerance to risk and improving internal controls
  • Formulating a critical fraud response strategy
  • Developing an anti-fraud program

Module 9: Effective Functioning within an Organizational Framework

  • Aligning objectives and expectations with key decision-makers
  • Effectively communicating objectives to relevant personnel
  • Cooperating with internal and external auditors
  • Collaborating with legally trained departments

Date

Venue

Register

16th-27th June 2025

Nairobi

21st-31st July 2025

Nairobi

18th-29th Aug 2025

Nairobi

15th -26th Sept 2025

Nairobi

20th-31st Oct 2025

Mombasa

17th-28th Nov 2025

Nairobi

8th-19th Dec 2025

Nairobi

16th-27th Feb 2026

Nairobi

16th-27th Mar 2026

Nairobi

13th-24th April 2026

Nairobi

18th-29th May 2026

Nairobi

8th-19th Jun 2026

Nairobi

13th-24th July 2026

Nairobi

Frequently Asked Questions

Can I get a discount for group booking?

Yes, UPHILOS offers special discounts for group bookings. If you’re planning to enroll multiple participants from your organization contact us.

Will I receive a certificate upon completion of the training?

Yes, upon successful completion of any of our training courses, UPHILOS Certificate will be awarded to the delegates.

Does UPHILOS offer customized training for organizations?

Yes, UPHILOS provides customized training solutions tailored to meet the specific needs of organizations.

Does UPHILOS arrange accommodation and airport pickup for participants?

We offer accommodation and airport pickup arrangement upon request. Please contact us in advance with your travel details.

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