|Course Level||Level 5|
|Endorsed By||Endorsed By ABC Awards and Certa Awards|
|Study Method||Online Learning|
|Course Duration||320 Hours Approx|
|Entry Requirements||No Entry Requirements|
Take your career in accountancy to the next level, with the help of Oxford Home Study Centre! Explore the fascinating world of fraud-detection and prevention, with this exclusive Forensic Accounting Advanced Diploma! This fully-endorsed distance learning program covers the specialist skills and knowledge you’ll need to succeed in forensic accountancy. Learn how to identify the signs of financial fraud, implement a robust fraud-prevention framework and become part of a dynamic forensic team. Examine the unique challenges posed by cybercrime, the prevalence of digital fraud and how to gather evidence to present a strong case. Enjoy the freedom to study at a pace that suits you from any location worldwide, under the watch of your assigned expert tutor! Our exclusive forensic accounting courses could hold the key to the career of your dreams - enrol online with Oxford Home Study Centre today!
Why Study Forensic Accountancy?
Forensic accountants are playing an increasingly important role at the heart of business operations worldwide. Across public and private sectors alike, the threat posed by fraudsters is growing at record-pace. Forensic accountancy teams ensure businesses of all sizes are prevented from internal and external attacks at a variety of levels. By the time financial fraud has been detected, the damage may already be done. Prevention is therefore the only viable option for the proactive business, which calls for the skills and knowledge of talented forensic accountants. A fascinating field of growing relevance in key markets worldwide, there’s never been a better time to consider a career as a forensic accountant!
If you already possess strong numeracy skills and a flawless eye for detail, a Level 5 Forensic Accountant Coursecould be the course for you! Your personally-assigned tutor will provide expert support as you explore forensic accountancy over 12 detailed modules:
Module 1 - Forensic and Investigative Accounting - An Overview
The course begins by defining forensic accountancy as both a profession and a wider business concept. Candidates are introduced to a variety of different types of fraud, the primary duties of the forensic accountant, the role of the auditor and the characteristics that come together to create world-class forensic accountancy specialists.
Module 2 - Economic Trends and Crime
An exploration of the evolution of financial crime follows in module two, which also examines its impact on society as a whole. Common examples of financial crimes are discussed, along with an introduction to investigative actions on the part of the forensic accountant and the importance of tackling fraud head-on.
Module 3 - Spotting a Typical Fraudster
A fascinating trip into the mind of the fraudster follows in the third module, which details various characteristics and behaviours common among fraudsters. The specific threats posed by the contemporary fraudster are discussed, along with the individuals and organisations that face the highest risk of falling victim to fraud.
Module 4 - Effective Techniques for Fraud Detection
The basics of fraud detection and prevention are brought into discussion in the fourth module, in which candidates learn how to spot common signs of fraud. Several important fraud risk factors are presented and discussed, along with financial statement fraud, revenue recognition detection and more.
Module 5 - Procedures for Investigation
A more detailed exploration of investigative procedures follows in module five, which guides candidates through the process of planning a case against a suspected fraudster. The importance of accurately assessing the viability and strength of the case prior to initiation is discussed, along with how to establish clear objectives at the earliest possible stage.
Module 6 - The Basics of Collecting Evidence
Module six explores the art of effective evidence gathering, which also guides candidates through the various different types of evidence used when presenting a case. Candidates learn how to establish the relevance and value of various sources of evidence, including key financial records, documents and journals.
Module 7 - Gaining & Assessing Non-Financial Evidence
The seventh module turns attention to non-financial evidence and its role in both building and presenting a case. Techniques for effectively analysing written statements are discussed, along with how to conduct an effective interview, the importance of asking the right questions and tips for more effective presentation of evidence.
Module 8 - Forensic Interviewing Techniques and Processes
Conducting effective forensic interviews is discussed in further depth in the eighth module, focusing on extracting information from financially-sophisticated witnesses. The importance of planning every aspect of the forensic interview ahead of time is discussed, along with the benefits of structuring the interview process in a formal and consistent manner.
Module 9 - Conducting a Fraud Risk Assessment Successfully
Module nine introduces candidates to effective risk management processes from a forensic accountancy perspective. The advantages of proactive fraud prevention are discussed, along with a breakdown of the effective risk assessment process and how to manage/mitigate any threats identified.
Module 10 - Strategies for Fraud Prevention
Strategic fraud prevention as an insurance policy for the proactive organisation is discussed in module 10. Candidates learn how to formulate and implement a business-wide fraud policy, while examining the importance of ethics and maintaining complete objectivity at all times in forensic accountancy.
Module 11 - Cybercrime and its Prevention
The escalating threat posed by cybercrime is investigated in module 11, along with the advantages and disadvantages of IT systems in the workplace. Some of the most prevalent examples of cybercrime are presented and examined, along with the role modern technology can play in the prevention of financial fraud.
Module 12 - Forensic Team - Working Procedures
Concluding the course, module 12 primes candidates for success as part of a dynamic forensic accountancy team. Learners explore the roles and responsibilities of key forensic accountancy personnel, including legal experts, internal assessors, external auditors and more.
Paying in Instalments: £640(interest FREE Instalments)
No of Instalments: 12
Each Instalment: £40
Pay in Full: (£100 Discount) £540
At the end of this course successful learners will receive a Certificate of Achievementfrom ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).
The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Oxford home study centre has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 5 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.
The course itself has been designed by Oxford home study centre to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards/Certa endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.
ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
Worldwide, demand for talented forensic accountants exceeds supply by a significant margin. Particularly in an era blighted by the threat of cybercrime, the relevance of forensic accountancy is growing at record-pace. So whether new to fraud-prevention or looking to take an existing career to the next level, there’s never been a better time to join this remarkable sector. Positions with established organisations abound, as do freelance and self-employment opportunities for qualified candidates. Even in an entry-level position, you can expect to earn a minimum of £25,000 or more.
Who Should Take This Course?
Oxford Home Study Centre is proud to offer the web’s highest-quality distance learning programmes at affordable prices. This Level 5 Forensic Accountancy Diploma was created by a team of noted industry experts, with the following candidates in mind:
We’ll provide the support, the facilities and the learning resources you need to gain maximum value from this course! Get started on your Level 5 Forensic Accountancy Diploma today, or contact our admissions team for more information!