Forensic Accounting : Fraud Risk Assessment

Forensic Accounting Fraud Risk Assessment

Fraud detection and investigation represent two critical duties performed by forensic accountants. However, the mark of truly effective forensic accountancy is the ability to identify weaknesses and prevent fraud from occurring in the first place. Though every business faces a wide variety of threats from fraudsters, the vast majority of incidents are preventable. The fraud prevention process begins with comprehensive risk assessment processes, which are carried out to identify where, how, when and on the part of whom fraud may occur. The more weaknesses and opportunities for fraud the assessment picks up on, the stronger the preventative measures established can be. Forensic accountancy is most valuable and effective when used to prevent fraud from occurring in the first place.

This exclusive tutorial is ideally-suited to existing and prospective forensic accountants alike. Explore a series of key risk assessment factors, along with risk assessment best practices, supporting documentation and how to create a risk management checklist. Learn about the different entities to assess, internal and external factors, corporate environment factors and more.

Forensic Accounting Fraud Risk Assessment

Objectives

• Define Fraud Risk Assessment
• Describe the factors involved in Risk Assessment
• Identify Risk Assessment Best Practices

Programme Content

Topics

• Risk Assessment Factors
• Corporate Environment Factors
• Internal Factors
• Fraud Factors
• Risk Assessment Best Practices
• Risk Management Checklists and Documentation
• Different Entities to Assess
• Measures and Relationships

Course Benefits

• Full Tutor Support
• Self paced, no fixed schedules
• Available to students anywhere in the world
• 24/7 Access to the LMS ( Learning Management System )
• Easy to understand quality e-learning study materials

Course Material

All course materials are included in the course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.

Our distance learning course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:

• Online course materials
• Question papers
• Additional Supporting Material
• Useful Links

Course assessment

You will be continually assessed throughout the course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.

Tutor Support

When you enrol on a course with Brentwood Open Learning College you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress.

Forensic Accounting Fraud Risk Assessment

• Finance and accounting staff
• Accountants interested in exploring forensics
• Candidates looking to enhance their CVs
• Confident, self motivated and passionate candidates
• Accounts professionals seeking for CPD

Forensic Accounting Fraud Risk Assessment

No prior knowledge is required to take this course.

*Note: This is an independent unit not a complete course so does not equalize to a course. This will give you 10 CPD points to add on your CV. At the end of the unit, you can claim CPD Accredited unit by paying £35 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).

Forensic Accounting Fraud Risk Assessment

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