Advanced Diploma in Forensic Accounting QLS Level 5

The Diploma in Forensic Accounting contains twelve units:

Unit 1: An Introduction to Forensic Accounting

Forensic accountants are used all around the world by companies, firms or organizations ranging from giant to small businesses. The first unit in this course gives candidates the need-to-know information before diving deeper into the course. It explains the roles and significance of a forensic accountant.

Unit 2: Financial Trends and Criminality

Prediction is a powerful tool in the fight against financial criminals. This unit trains candidates on how to pay attention to popular crime trends and use the information gathered to predict future crimes.

Unit 3: Common Personality Traits of Fraudsters

There are several traits, characteristics, and backgrounds that are shared by people who commit fraud and embezzlement and this unit expatiate how to notice these people before or in the process of committing fraud.

Unit 4: Fraud Detection Methods

Organizations and business firms all over the world hire forensic accountants to prevent their companies from fraud and embezzlement. This unit drills candidates on the most effective methods of fraud detection and supplies them with top-notch fraud detection skills.

Unit 5: General Investigative Procedures

The main objective of this unit is to give the key steps and important strategies in an investigation from an accounting viewpoint. It gives a detailed explanation of the investigation process, taking one step after the other for total understanding.

Unit 6: Evaluation and Assessment: Gather Evidence

Unit 6 goes further into the investigation process. It defines evidence, states its different types and how they are used in an investigation and lists the procedure of collecting relevant evidence.

Unit 7: Collecting Non-Financial Evidence

This unit enumerates how to notice and gather non-financial information that can be used during a fraud examination. It instructs candidates on how to pay attention to things like body and eye language when obtaining and evaluating non-financial evidence.

Unit 8: Investigating Monetarily Sophisticated Witnesses

Forensic accountants are required to understand the importance of witnesses when investigating and how to deal with them. This unit helps candidates in identifying witnesses, understanding and recognizing the several types of witnesses, dealing with uncooperative witnesses and the interview process.

Unit 9: Conducting Fraud Risk Assessment

The ability to avoid and observe fraud begins with the ability to discern and evaluate potential fraud risks for an organization. Unit 9 helps candidates to master and develop the skills required to help perform and execute a productive fraud risk assessment.

Unit 10: Fraud Prevention Techniques

No organization is immune to fraud and embezzlement. This unit gives some of the most effective fraud prevention techniques and explains how they can be applied to protect an organization from fraud loss. It also points out several types of business fraud.

Unit 11: What is Cyber-Crime and how to Prevent it?

Cyber-crime can also be referred to as Internet crime. The focus of this unit is on cyber-crime and cyber-security. It defines and outlines several examples of cyber-crime and gives the most effective ways to protect yourself against it.

Unit 12: How to Work in a Forensic Investigation Team

The concluding unit is a guide to the do’s and don’ts when working on an investigation. As a forensic accountant, you will need to have acquired a set of skills and these skills are taught in earlier units. This unit tells you how to implement those skills when working in a team and enumerates your roles and responsibilities in the team.

Completing A Forensic Accountant Course certifies that candidates are fully prepared to work as forensic accountants in any organization and on any investigation team. You may decide to work in whichever area of your choice… loss prevention, financial tax, financial forensics or others with a starting salary between $30,000 and $60,000.

At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

• Anyone looking to establish a freelance business
• Graduates looking to improve their CV
• Business owners
• Financial executives with little to no knowledge on forensics
• Accountants pursuing promotion