Course Objectives
This course will equip students and young professionals with a basic understanding of fraud, how fraud is perpetrated, the various types of fraud and some interesting data and statistics about fraud. In addition, the course will provide a glimpse into interesting fraud schemes across the world through case studies.
Learners will learn the basics of fraud, the fraud triangle and its application in India. Finally, learners will be able to understand the difference between audit and forensic investigation and skills needed to become a forensic professional.t
What's in it for you?
Understand the triggers for an investigation including internal and external triggers
Prepare and undertake critical initial steps in planning an investigation
Comprehend and assess whether the investigation can be conducted in-house or would the investigation require external resources
Demonstrate basic knowledge with respect to key pillars of an investigation
Evaluate common pitfalls during an investigation and techniques to avoid such pitfalls
What will you learn?
Week 1
Brief introduction
Week 2
1. When to conduct an investigation
2.Internal external triggers
Week 3
1. Planning an investigation
2. Who should lead the investigation?
3. Do you need an external agency to conduct the investigation?
4. What are the areas that need to be investigated?
Week 4
1. Data Analytics
2. Review of accounting transactions
3.Digital Forensics
4. Intelligence
5.Interviews
Week 5
1. How forensic investigation is not the same as audit and there is no such thing as a forensic audit!
2. Skills needed to become a forensic professional
About Instructor
Ms. Rajarao, is a Chartered Accountant from the Institute of Chartered Accountants of India and a Certified Fraud Examiner from the Association of Certified Fraud Examiners, USA, the world’s largest anti-fraud organization.
Ms. Rajarao was the first Indian to be elected to the Board of Regents of the Association of Certified Fraud Examiners (ACFE) and she recently served as the Vice-Chair of the ACFE’s Board of Regents.
Ms. Rajarao has over 25 years of experience and expertise in numerous forensic accounting assignments, fraud investigations and regulatory proceedings in India and the United States that required reconstruction of complex financial records, electronic data and large data sets of accounting transactions and documents
