Contrary to popular belief, ‘forensic’ has nothing to do with death. ‘Forensic’ means being able to meet the exacting standards of a court of law. Some forensic accountants’ primary skills include an understanding of the legal process; how to conduct investigations; conducting financial analyses and other accounting procedures at a level acceptable to the legal system. Until recently, detecting fraud or white-collar crime was thought to be part of the accounting function. Fraud was something the internal or external auditors were supposed to guard against by their periodic audits.
However, we now know the auditors can only check for the compliance of a company’s books to generally accepted accounting principles and company policy. Thus, a new category of accounting was needed to substantiate the fraud for companies who identified fraudulent transactions. This area of accounting is known as forensic accounting As one of the fastest growing areas of accounting, there is an increasing global demand for specialists with forensic accounting knowledge and skills The course will allow you to develop your accounting skills for use in litigation – civil, criminal and corporate. Alongside processes and procedures, you will learn how to investigate a variety of financial crime and regulatory compliance cases, gather evidence, prepare expert reports and evidence. Our Forensic Accounting Courses, give you opportunity to develop the specialist accounting skills and knowledge for a career in forensic investigation and dispute resolution. Forensic accountants utilise accounting, auditing and investigative skills when conducting an investigation.
Equally critical is their ability to respond immediately and to communicate financial information clearly and concisely in a courtroom setting. Forensic accountants are trained to look beyond the numbers and deal with the business reality of the situation. Forensic accountants are multi-disciplinary and have a wide range of experience in the forensic and investigative field. They are frequently called upon to serve as expert witnesses and litigation consultants. In this context you will also consider areas such as corporate integrity and management control, fraud and forensic analysis, cyber-crime, corporate social responsibility, and interviewing and testimony.
- CFIP Certified Forensic Investigation Professional
- CFIAP Certified Forensic and Investigative Audit Professional
- CACC Certified Anti-Corruption Consultant
- Accounting Software
- Tailored Client Training
- IICFIP Foundations Certificate in Forensic Accounting
- IICFIP Certificate in Certified Forensic Accounting Technician
- IICFIP Digital Forensics Masterclass