Forensic Accounting and Fraud Control |Smart

Overview

Why Attend

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. In addition, this course provides the necessary tools to help professionals add value to their organizations by examining fraud controls and applying forensic accounting and analysis to their data.

Course Methodology

The course uses a blend of instructor presentations, individual and group exercises and participants working on real life case studies and applying analytical MS Excel tools learned during the course.

Course Objectives

By the end of the course, participants 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

Target Audience

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.

Target Competencies

Understanding forensic accounting
Applying forensic auditing
Analyzing financial data
Detecting fraud
Preventing fraud
Identifying fraud and fraudsters
Controling fraud
Examining data in Excel
Utilizing Excel for data analysis

Course Outline

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
- Fraud Schemes in Assets
- Fraud Schemes in Liabilities
- Fraud Schemes by outsiders
- Fraud Schemes in Purchasing
- Fraud Schemes in Sales
- Red flags
- Fraud detection
- Fraud prevention
- Fraud response
- 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
- 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

Schedule & Fees

2026 Schedule & Fees

11 - 15 Oct, 2026

English

Per participant USD 2,900

11 - 15 Oct, 2026

Arabic

Per participant USD 2,900

6 - 10 Dec, 2026

English

Per participant USD 2,900

6 - 10 Dec, 2026

Arabic

Per participant USD 2,900

2027 Schedule & Fees

10 - 14 Jan, 2027

English

Per participant USD 2,900

10 - 14 Jan, 2027

Arabic

Per participant USD 2,900

7 - 11 Mar, 2027

English

Per participant USD 2,900

7 - 11 Mar, 2027

Arabic

Per participant USD 2,900

11 - 15 Apr, 2027

English

Per participant USD 2,900

11 - 15 Apr, 2027

Arabic

Per participant USD 2,900

6 - 10 Jun, 2027

English

Per participant USD 2,900

6 - 10 Jun, 2027

Arabic

Per participant USD 2,900

11 - 15 Jul, 2027

English

Per participant USD 2,900

11 - 15 Jul, 2027

Arabic

Per participant USD 2,900

5 - 9 Sep, 2027

English

Per participant USD 2,900

5 - 9 Sep, 2027

Arabic

Per participant USD 2,900

10 - 14 Oct, 2027

English

Per participant USD 2,900

10 - 14 Oct, 2027

Arabic

Per participant USD 2,900

5 - 9 Dec, 2027

English

Per participant USD 2,900

5 - 9 Dec, 2027

Arabic

Per participant USD 2,900

Forensic Accounting and Fraud Control

Overview

Why Attend

Course Methodology

Course Objectives

Target Audience

Target Competencies

Course Outline

Schedule & Fees

2026 Schedule & Fees

2027 Schedule & Fees

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