This course will enable you to:
- Understand the role of the forensic accountant
- Identify misconduct including money laundering
- Gain an understanding of how to prevent fraud
- Plan and conduct fraud investigations
- Develop an understanding of non-fraud work such as valuations and asset tracing
- Understand the role of the forensic accountant as an expert witness
The role of the forensic accountant will seem familiar to finance professionals, but it demands skills way beyond technical finance skills. Forensic accountants' day to day work involves fraud investigations, damages assessments, valuations of businesses or curious entities and frequently involves legal proceedings. The forensic accountant could spend a week as the expert witness in a matrimonial dispute involving millions of pounds of marital assets, before spending the next valuing a football club.
This course allows you to work through activities, share your learning with peers, and get the knowledge and skills that will enable you to operate in the world of the forensic accountant. You’ll be able to identify misconduct and fraud as well as understand how to conduct fraud investigations and non-fraud work.
- Forensic accounting
- The psychology of fraud
- The fraud triangle
- Has a crime been committed?
- Money laundering, bribery and corruption
- Corporate fraud
- Detecting fraud
- Preventing fraud
- General principles
- Fraud response team
- The purpose of fraud investigation
- Possible problems
- Investigating management fraud
- Analytical review
- Investigating employee fraud
- IT investigation approaches
- When are IT approaches useful?
- Valuation of unlisted entities
- Types of valuation
- Asset tracing in divorce cases
- Asset tracing and fraud
- Consequential losses
- Calculating consequential losses
- Liquidated damages
- The expert witness
- Giving evidence in a civil case
- Giving evidence in a criminal case
- Preparing the final report
ACCA partner with accountingcpd.net to provide high quality CPD for members. As an ACCA member, you are required to complete at least 40 relevant units of CPD each year, where one unit is equal to one hour. 21 units must be verifiable; the other 19 can be non-verifiable.
Your accountingcpd.net course counts as verifiable CPD, if you can answer "yes" to these questions:
- Was the learning activity relevant to your career?
- Can you explain how you will apply the learning in the workplace?
You select courses that meet these criteria, and as you complete each course you get a CPD certificate so you can provide ACCA with the evidence that you undertook the learning activity.