Forensic Accounting, also termed as Forensic Accountancy or Financial Forensics is the specialty practice area of accounting that defines engagements that result from genuine or projected disagreements or litigation. "Forensic" means "apposite for practice in a court of law", and it is to that standard and impending outcome that forensic accountants usually have to toil. Forensic accountants, also referred to as Forensic Auditors or Investigative Auditors, often have to give an expert evidence at the subsequent trial. All of the larger accounting corporations, as well as many medium-sized firms, as well as various Police and Government agencies have specialist forensic accounting departments. Within these groups, there may be further sub-specializations: some forensic accountants may, for example, just specialize in insurance claims, personal injury claims, and fraud, construction, or royalty audits.
Module-1 Forensic accounting and auditing techniques
In Forensic Science, Forensic accounting is one of the broadly emerging field. Module would be introducing you to the overview of forensic accounting, definition, reasonableness, difference between conventional accountants and forensic accountants and tenets of forensic accounting.
Forensic accountants combine their knowledge with investigative assistances, using this unique combination in hearing etc. Module comprises the introduction of frauds, its types, techniques and psychology of a fraudster, typical corporate financial fraud, corporate fraud nature, white collar fraud, fraud against organizations, consumer frauds etc.
Module-3 Financial investigations
Financial investigation basically deals with the corporate fraud detection, uncovering corporate fraud, red flags of recognizing employee and management fraud, applying fraud auditing standard, financial statement fraud analysis, financial statement frauds; liability and asset, inadequate disclosure frauds, environment of business, conducting internal corporate investigation and interviewing and interrogating.
Module-4 Evidence collection, analysis and admissibility
Forensic accounting and auditing techniques include certified fraud examiners, evidence collection and analysis, principle of CIA, forensically sound evidence collection, evidence handling, special investigations, investment scams, money laundering, marriage and divorce, tax fraud, resolution of fraud, excess bank charges auditing, the role of questioned document examiner and fingerprint examiner.
Module-5 Computer forensic and computer crimes
Computer forensic and computer crimes would be introducing you to the computer forensic with case studies, e-accounting and reporting, general prevalent climate of computer crimes, fraud in e-commerce, ATM scams, online transaction frauds, insurance and capital market fraud, nature of computer crimes, computer criminals, prevention mechanism, investigating computer crimes, constitute investigating team and known impediments. It will comprises multiple case studies on bank frauds.
Module-6 Fraud risk management
This module focusses on the management and investigation of fraud, conducting fraud risk assessments, implementing fraud risk management programs, roles & responsibilities for FRM, identifying red-flags, fraud prevention policy and the implementing continuous monitoring.
Module-7 Forensic fraud auditing techniques
Forensic auditing denotes to the specific processes carried out in direction to produce evidence. The techniques are used to recognize and to gather evidence to verify cases. In this module, the students will be introduced with case studies of fraud investigations, auditing techniques, six auditing methods such as tiger team test, application of Benford’s theorem, use of barium test, data analytics for fraud investigation, application of inverse logic and use of space-time dimension in data evaluation.
Module-8 Forensic interviewing & interrogation
Interview and interrogation is to acquire information relevant to a particular case or occurrence. Forensic investigators are continually receiving information to investigate the legal matters. It will comprises the formal interviews, the nature and purpose of forensic interviews, difference between interviews and interrogations, types of witnesses, the environment of the interview room and the use of video and audio recording.
Module-9 the evolving nature of fraud – Cybercrime & IP theft
Under this module, students would be taught about the advancement and technologies, the largest credit card heist in history, advancement of technologies opportunities for fraudsters, intellectual property theft etc.
Module-10 Forensic expert witness
Expert witness assignments and witness will be introduce you to the forensic report as evidence in a court of law, approaches for the development of the forensic report and the various formats of the forensic report.
Module-11 Combat frauds
Under this module, students would be taught about the introduction of fraud audit, strategies to fight fraud against company, proactive fraud audit and building an anti-fraud action program.
Module-12 Legal environment
Forensic is all about law and court related subject. It will introduce you to the legal environment system, testifying as an expert witness evidence act 2011, CBN guidelines etc.
ONLINE EXAMINATION AND EVALUATION PROCESS
The mode of examination will be online for the students enrolled in online courses. After the completion of the respective course duration, you would have access to your examination portal on the allotted date and time, and accordingly you would be notify by the concerned authorities to check mails, so that you must give your examination in allocated date and time on our online examination portal.
TYPES OF QUESTIONS
You will have combination of Multiple Choice Questions, in the form of multiple option, True & False, Fill in the Blanks, Match the Following, Sequences Questions, Multiple Response Questions, Passage and Image Description form.
The complete correction and evaluation takes about two weeks. After the evaluation process is finally done, the mark sheets and certificates are posted on to the given postal address by address confirmation. If any change in postal address student must notify after completion of Examination.
Note: Every student must have to check email for examination notifications and other updates. Also you have update your recent postal address and so on.
SIFS INDIA, provides online education for certificate, Diploma, and PG Diploma courses in the Forensic Science discipline. The Forensic Science programmes are appropriate for all students of any discipline. The course is ideal for those who, whim to secure a stand-alone certification in Forensic Science and whose first degree is in an unrelated field. We aims to provide a thorough education in Forensic Science from a variety of perspectives with multiple dimensions.
After completion of the enrollment processes, a username and password would be generate and provide you through email to access e-books and study materials allied to your programme code within five working days.
Complete Learning of Statement (LOS)
In online education, lectures might be conducted online via Learning Management System (LMS) and instant chatting or messaging. Some course have ‘virtual’ classes; where the enrolled students participate through webcams sources. Through your unique username and password, students can access their profile, study materials, instructor guidance, assignments, quizzes, examination, scores, and so on.
Make important bookmark for future access
In Every LOS, we are constantly reviewing the latest study materials being the very finest course material now available for your programme code. We provides the modified technology inside the portal likewise; the bookmark option to build a specified learning process. Bookmark is also an advantageous for future access. Your learning methods would be helpful to choose objectives. Bookmark giving you the chance to study exactly; what you need in directive to improvement.
Make your own notes
Go Paperless! Online database are much easier than searching through paper files. LOS giving you the note preparation option at the time of study. It would be great method to create and deploy your own written notes for future admittance.
Take multiple quizzes for practice exam
LMS is the best virtual learning systems; to use their own login portal. Multiple quizzes are the most of the latest questions and updates related to the LOS. It would be flexible to practice for examination preparation.
Interact with your instructor for your queries.
Online learning system also provides a forum for discussion with instructor, where you can post and quickly ask your quarries, enhance and collaborate your learning experiences. It would be hard to mature a relationship with your online instructor, you may never meet, but it is worth the exertion to keep communicating and contacting through the online support system.
The assignment submission process diverges depending upon the course you enrolled. Assignment is definitely the indispensable thing in order to complete your programme. It comprises 5 questions with 1000 word limit. Assignment carries a 100% weightage for evaluation of examination. Some key instructions to get good grade in your assignment such as-
1. Read the study materials in depth from portal LOS.
2. Understand the assignment questions and keep within the word limit.
3. Write the assignments yourself which should be plagiarism free.
4. Complete the assignments in given duration and submit after date you will not able to access the assignment.
5. Write your answers in the appropriate format and add the references at the end of your assignment etc.
Online examination system is designed to offer you with an education wherever you are. There are a wide range multiple options. After the completion of the respective course duration, you would have access to your examination portal on the allotted date and time. In LMS examination procedure, you will allocated for examination in a particular time, so that you must give your examination in allocated date and time on your online examination portal.
Note: 1.You must have to complete your examination in given time period accordingly to your course instructor. You cannot attempt your examination twice.
2. If you are not able to attempt your examination, you must to inform your instructor prior the time period and give specific reason to conduct re-schedule examination date*.