Forensic Accounting and Fraud Control

While forensic accounting and fraud auditing and control are not new concepts, they are becoming increasingly important. We are constantly hearing about fraud cases and accounting schemes committed by corporations and individuals in the accounting world. This course takes participants from the theory and concept of forensic accounting to its implementation and practice. It gives the necessary tools to help professionals add value to their organizations by examining fraud controls and applying forensic accounting and analysis to their data.

Awarding Body

London Institute of
Business & Technology


5 Days
25 Hours

Start Date

All Year Around

Study Mode

Classroom OR
Distance Learning

By the end of this programme, the participant will be able to:

  • Explain fraud and forensic accounting
  • Implement fraud controls to decrease the likelihood of fraud in the organization
  • Utilize Microsoft Office tools to find fraudulent transactions and report on them
  • Apply statistical and forensic accounting tools to analyze data
  • Assist internal audit and senior management in testing data and finding anomalies
  • Utilize Excel efficiently to identify suspicious information that needs further fraud investigation
  • Identify fraud and anomalies using Excel
  • Fraud and forensic accounting
    • Introduction to fraud
    • Fraud triangle
    • Fraudsters’ profile
    • Introduction to forensic accounting
    • Introduction to fraud examination
    • Corporate governance and ethics
    • Code of conduct
  • Fraud schemes and controls
    • Financial statements
    • Corruption schemes
    • Asset misappropriation
    • Red flags
    • Fraud detection
    • Fraud response
    • Fraud detection
    • Internal controls
  • Forensic analysis with MS Office
    • Importing data into Excel
    • Analyzing data in Excel
    • Protecting data in Excel
    • Reporting data in Word
    • Reporting data in PowerPoint
  • High-Level data tests
    • Data profile
    • Periodic graph
    • Histogram
    • Utilizing Excel to prepare data profile
  • Utilizing Benford’s law to test numbers
    • Data sets that could be used
    • Effect of data size
    • Basic digit test
    • First two digit tests
    • One digit a time
    • Chi-Square
    • Mean absolute deviation
    • Logarithmic basis
    • Second order test
    • Summation test
    • Number duplication test in Excel
    • Last two digits test
  • Identifying fraud and anomalies using Excel
    • Largest growth test
    • Largest subsets test
    • Relative size factor test
    • Same-Same-Same test
    • Same-Same-Different test
    • Subset number duplication
    • Calculating correlations
    • Time-Series analysis

Professionals in the field of finance and accounting, controllers, accounting managers, senior and chief accountants, analysts, internal and external auditors and accountants at all levels seeking to enhance their practical forensic accounting skills.

5-day training programme – 1,790 USD

How many students are there in a classroom?

It depends on how many would enroll per intake. Even if the number of students are just 1, we still continue with the training as planned. The maximum number of students we will have in a classroom is 10.

Can I request a date that is convenient for me?

Absolutely! We will arrange the training that is convenient for you. The training date is completely customizable.

Can I change the course content?

Yes, if the contents of the course needs to be changed, please let us know. We will communicate with you and get a course outline that works for you finalized.

Does it matter which industry I work at?

It really doesn’t. We take cases and discuss them to cover your industry. If you need the course to be customized and tailored to your industry, we can also do that. You’d have to let us know in advance by filling out the form below.

(The fees include coffee breaks, study materials and working lunches daily)

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