Training on Forensic Accounting in the Public and Private Sector

The role of a forensic accounting is often to analyze, interpret, summarize and present complex financial and business related issues in a manner which is both understandable and properly supported. Complex financial transactions will therefore require analysis by forensic accountants to assess whether there has been any wrong doing. In the recent past, the demand for forensic accountants has increased due to the increasing level of prosecution for financial fraud both in the private and the public sectors. Indeed, today world is faced with the reality that fraudulent activities have immensely contributed to the widespread collapse and poor performance of entities in the public sector.

WHO SHOULD ATTEND?

• Senior and middle level managers,
• accountants,
• auditors,
• fraud investigators and anyone who wishes to practice in the area of forensic accounting

LEARNING OBJECTIVES

At the end of the course participants will be able to:

• Explain the concepts and principles of forensic accounting
• Appreciate the true cost of financial fraud, both in relation to specific businesses/organizations and society as a whole
• Describe the traits and behavior of those who commit fraud
• Apply in-depth investigation of fraud detection techniques
• Conduct gathering of intelligence, case planning, establishing goals and ultimately initiating a case.
• Gather evidence that can prove or disapprove a case
• Plan and conduct effective interviews
• Assess risk factors and best practices in risk prevention
• Identify different types of cyber-data and crime
• Establish a forensic team.

TOPICS TO BE COVERED

• 1.  Overview of forensic accounting
  2. Cost of crime to public organizations
  3. The fraudster
  4. Fraud detection techniques
  5. The investigative process
  6. Evidence gathering
  7. Evaluation of financial and non-financial evidence
  8. Fraud risk assessment
  9. Fraud prevention
  10. Computer crimes
  11. Building a forensic team