Forensic Accounting Course
Course Benefits
When studying for a fully-endorsed Forensic Accounting with Oxford Home Study College, every learner benefits from:
- The most comprehensive introduction to the Forensic Accountancy profession, along with its role and importance in a wider business context.
- Flexible online learning with absolutely no deadlines or time restrictions to worry about – study in your own time and at your own pace.
- No geographical restrictions – our courses are open to ambitious candidates on a global basis.
- Full 24/7 access to our exclusive digital learning platform and comprehensive support from your personally-assigned tutor.
- The opportunity to study at home for an internationally-recognized Forensic Accountancy qualification that could transform your career.
Learning Objectives
This advanced Forensic Accounting covers every essential practical skill and theoretical concept the learner must master to join this highly-competitive industry. Upon completion of the course, candidates will have the opportunity to pursue professional positions in key areas of Forensic Accounting, or begin establishing their own consultancies from scratch. Ultimately, the objective of the course is to assist learners with their transition from enthusiastic newcomer to fully-qualified and employed professional.
Over the course of 09 intensive modules, candidates explore the primary responsibilities and daily duties of the working forensic accountant. A range of crucial fraud-detection methods are investigated, along with effective evidence-gathering techniques, the growing threat cyber-crime poses to organisations at all levels and the importance of proactive fraud-prevention. The course also covers the role of the Forensic Accountant as part of a wider fraud-prevention team.
Upon successful completion of this course, candidates take away the most essential industry-specific skills, talents and knowledge including:
- A detailed understanding of the Forensic Accounting profession
- How Forensic Accountants protect businesses from loss and damage
- Advanced understanding of common fraud techniques/patterns
- An understanding of the mindset and psychology of the fraudster
- Extensive knowledge of investigative and evidence-gathering processes
- The confidence to build and present a case upon detection of fraud
- Advanced knowledge of cyber-crime and related technology issues
- The opportunity to step into a professional position for the first time
Course Outline
This advanced yet accessible Forensic Accountancy Diploma is delivered across 09 intensive modules – each concluding with an online assessment to verify your acquired knowledge and competencies. Comprehensive support and guidance will be provided by your personally-assigned tutor throughout your studies.
Unit 1 - Introduction to Forensic Accounting
This Forensic Accounting unit covers the following topics:
- Introduction to Forensic Accounting
- Brief History of Fraud and the Antifraud Profession
- What Is Fraud?
- Types of Investigation
- Conducting an Investigation
- Forensic Accountants, Fraud Auditors and Financial Auditors
- Required Knowledge, Skills, and Abilities for Forensic Accountants
- Plus more
Unit 2 - Psychology of the Fraudster
This Forensic Accounting unit covers the following topics:
- Psychology of Fraudsters
- High-Level and Low-Level Thieves
- Victims of Fraud
- Plus more
Unit 3 - Fraud Detection Techniques
This Forensic Accounting unit covers the following topics:
- Fraud Detection: Overview
- Laying a Foundation for Detection
- Assessing the Risk of Fraud
- Fraud Risk Factors
- Identifying and Evaluating Risk Factors
- Information Gathering
- Analytic Procedures
- Analytic Techniques
- Financial Statement Fraud: Detection Techniques
- Specific Detection Methods
- Billing Schemes
- Payroll Schemes
- Revenue Recognition Detection Techniques
- Plus more
Unit 4 - The Investigative Process
This Forensic Accounting unit covers the following topics:
- The Investigative Process
- Plus more
Unit 5 - Gathering Evidence
This Forensic Accounting unit covers the following topics:
- Gathering Evidence
- Evidence
- Evidence Created by the Forensic Accounting Investigator
- What Kind of Evidence should be Gathered?
- Document Collection
- Sources of Documents
- Document Organization
- Plus more
Unit 6 - Obtaining and Evaluating Non- Financial Evidence
This Forensic Accounting unit covers the following topics:
- Obtaining and Evaluating Non-Financial Evidence
- Interviews
- Statement Analysis
- Plus more
Unit 7 - Interviewing Financially Sophisticated Witnesses
This Forensic Accounting unit covers the following topics:
- Interviewing Techniques
- The Interview
- Planning the Interview
- The Interview Process
- Plus more
Unit 8 - Fraud Risk Assessment
This Forensic Accounting unit covers the following topics:
- Fraud Risk Assessment
- Risk Assessment Factors
- Risk Assessment Best Practices
- Plus more
Unit 9 - Fraud Prevention
This Forensic Accounting unit covers the following topics:
- Fraud Prevention
- Plus more
