Introduction:

 The Forensic Accounting and Auditing course provides participants with the knowledge and skills necessary to investigate financial fraud, identify irregularities, and apply forensic accounting techniques. This course is designed to equip participants with the tools and techniques needed to prevent, detect, and investigate financial crimes, including fraud, embezzlement, and money laundering.

Objective:

The primary objective of this course is to enhance participants' understanding of forensic accounting and auditing practices and their application in the detection and investigation of financial crimes. By the end of the course, participants should be able to:

1. Understand the principles and concepts of forensic accounting and auditing.
2. Identify and analyze financial irregularities and fraud indicators.
3. Apply forensic accounting techniques to uncover fraudulent activities.
4. Conduct effective forensic investigations and evidence gathering.
5. Provide expert opinions and testimony in legal proceedings.

Organizational Benefits: By participating in this course, organizations can expect the following benefits:

1. Strengthened internal controls and fraud prevention mechanisms.
2. Enhanced ability to detect and investigate financial fraud.
3. Improved accuracy and reliability of financial reporting.
4. Minimized financial losses due to fraud and irregularities.
5. Increased awareness and understanding of forensic accounting practices.

Who Should Attend:

This course is suitable for professionals and practitioners working in accounting, auditing, finance, and related fields, including:

1. Auditors and internal control officers.
2. Accounting and finance professionals.
3. Compliance officers and risk managers.
4. Forensic investigators and law enforcement personnel.
5. Legal professionals involved in financial litigation.

Duration:

The course will be conducted over a period of 10 days, allowing participants to gain in-depth knowledge of forensic accounting and auditing concepts and practices. The duration can be adjusted based on specific requirements and the level of detail desired.

Course Outline:

1. Introduction to Forensic Accounting and Auditing
• Definition and scope of forensic accounting.
• Role of forensic accountants and auditors.
• Overview of fraud and financial crimes.
2. Legal and Ethical Considerations
• Legal framework and regulations related to forensic accounting.
• Ethical standards and professional conduct in forensic investigations.
• Roles and responsibilities of forensic experts.
3. Fraud Examination and Investigation
• Fraud risk assessment and prevention strategies.
• Investigation techniques and methodologies.
• Gathering and preserving evidence.
4. Financial Statement Fraud
• Types and indicators of financial statement fraud.
• Analyzing financial statements for irregularities.
• Red flags and warning signs of fraudulent reporting.
5. Occupational Fraud and Embezzlement
• Understanding occupational fraud schemes.
• Detection and investigation of employee embezzlement.
• Internal controls to prevent occupational fraud.
6. Money Laundering and Asset Tracing
• Money laundering techniques and typologies.
• Tracing and recovering illicit assets.
• Anti-money laundering regulations and compliance.
7. Forensic Data Analytics
• Introduction to data analytics in forensic accounting.
• Data mining and visualization techniques.
• Using technology for fraud detection and analysis.
8. Interviewing Techniques and Interrogation
• Interview planning and preparation.
• Techniques for effective interviewing.
• Conducting ethical interrogations.
9. Forensic Audit Techniques
• Audit planning for forensic engagements.
• Audit procedures for detecting fraud and irregularities.
• Reporting and communicating audit findings.
10. Computer Forensics and Digital Evidence
• Digital evidence collection and preservation.
• Computer forensic tools and techniques.
• Analyzing electronic evidence in forensic investigations.
11. Fraud Risk Management and Prevention
• Fraud risk assessment methodologies.
• Developing and implementing fraud prevention strategies.
• Monitoring and evaluating fraud prevention programs.
12. Financial Crimes and Regulatory Compliance
• Overview of financial crimes (e.g., bribery, corruption, securities fraud).
• Regulatory compliance and reporting obligations.
• Role of forensic accountants in regulatory investigations.
13. Forensic Accounting in Litigation
• Forensic accounting in civil and criminal litigation.
• Expert witness testimony and report writing.
• Case studies and practical applications.
14. Fraudulent Financial Reporting: Case Studies
• Analysis of real-world cases of fraudulent financial reporting.
• Lessons learned and best practices for detection and prevention.
• Impact of fraudulent reporting on stakeholders.
15. Forensic Accounting in Government and Public Sector
• Forensic accounting in government entities.
• Fraud prevention and detection in public sector organizations.
• Investigating corruption and misuse of public funds.
16. Insurance Fraud Investigation
• Types of insurance fraud.
• Investigative techniques for insurance fraud cases.
• Working with insurance companies and regulators.
17. Cybercrime and Digital Forensics
• Overview of cybercrime and digital fraud.
• Investigating cyber fraud incidents.
• Digital forensics tools and techniques.
18. Forensic Accounting and Valuation
• Valuation techniques in forensic accounting.
• Assessing economic damages and lost profits.
• Expert opinions and litigation support.
19. Ethical Hacking and Penetration Testing
• Introduction to ethical hacking and penetration testing.
• Identifying vulnerabilities and securing systems.
• Cybersecurity considerations in forensic investigations.
20. Emerging Trends in Forensic Accounting
• Current and emerging trends in forensic accounting.
• Technological advancements and their impact on forensic practices.
• Future prospects and career opportunities in forensic accounting.

General Notes

·         All our courses can be Tailor-made to participants' needs

·         The participant must be conversant in English

·         Presentations are well-guided, practical exercises, web-based tutorials, and group work. Our facilitators are experts with more than 10 years of experience.

·         Upon completion of training the participant will be issued with a Foscore development center certificate (FDC-K)

·         Training will be done at the Foscore development center (FDC-K) centers. We also offer inhouse and online training on the client schedule

·         Course duration is flexible and the contents can be modified to fit any number of days.

·         The course fee for onsite training includes facilitation training materials, 2 coffee breaks, a buffet lunch, and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance, and other personal expenses.

·         Accommodation, pickup, freight booking, and Visa processing arrangement, are done on request, at discounted prices.

·         Tablet and Laptops are provided to participants on request as an add-on cost to the training fee.

·         One-year free Consultation and Coaching provided after the course.

·         Register as a group of more than two and enjoy a discount of (10% to 50%)

·         Payment should be done before commence of the training or as agreed by the parties, to the FOSCORE DEVELOPMENT CENTER account, so as to enable us to prepare better for you.

·         For any inquiries reach us at training@fdc-k.org or +254712260031

·         Website:www.fdc-k.org