The Candidates must have professional accounting qualifications e.g. CPA, ACCA, ACA, CMA, etc. plus a minimum of three years full-time accounting or auditing work experience, Forensic Studies, before a person can obtain a forensic accounting certification.
Accountants look at the numbers. Forensic accountants look behind the numbers. If you want to know why your numbers don't match, you need a Forensic Certified Public Accountant (FCPA) who specializes in forensic accounting.
Many organizations involved in regulatory functions believe that lawyers and police are the best forensic investigators! They are terribly wrong and that is why the investigations carried out by such organizations are not effective. All fraud and corruption cases involve financial transactions of some sort. So can any one pretend to be an effective fraud or corruption investigator unless he has an excellent understanding of such transactions? It therefore, goes without much emphasis that those who are qualified accountants with advanced investigative skills are the best suited for financial forensic investigations. FCPA (Forensic Certified Public Accountants) is the certification for forensic accountants who can carry out effective investigations in a financial set up.
Skills set of an FCPA
- Fraud detection and prevention;
- Bankruptcy and insolvency accounts preparation;
- Tracing the proceeds of white-collar crime e.g. corruption or embezzlement or money laundering;
- Forensic investigations e.g. Insurance claims fraud investigation and Bank fraud investigation;
- Suspects interviewing and statement taking;
- Expert witnessing;
- Reconstruction of accounting records;
- Analysis and simplification of financial evidence;
- Resolution of business financial disputes; and
- Internal organizational investigations.
http://www.fcpas.org , www.iicfip.org
We provide the following services under the Forensic Services Division:-
1. Fraud prevention and detection services
2. In-house anti-fraud awareness training services
Advantages of Anti-fraud awareness training
A. Staff become aware of the cost of fraud and therefore become keen to report it;
B. Staff becomes aware of the fraud danger signs and can easily spot wrong doing and report it;
C. As a result of 1 and 2 above, the perception of being detected is greatly increased and therefore those staff that could be fraudsters gets deterred;
D. It is much cheaper to train in house than elsewhere; and
E Flexibility. In house training can be programmed in tune with the clients work programme.
3. Fraud investigation services
4. Tracing hidden assets
5. Design and implementation of anti-fraud control and security systems
6. Executive staff pre-employment backround investigation
7. Forensic accounting certification training
8. Forensic Certified Public Accountants (FCPA) Certification examination preparation individualized coaching.
9. Anti-fraud skills couching of Senior Executives via e-mails.
10. CFIP ( Certified Forensic Investigation Professional) accreditation training via e-mails.Advantages of distance learning
B. It is more flexible since the trainee is able to set his or her own study time. You can read even when travelling in a bus; and
C. You carry your training with you wherever you go and can still get the advice of your tutor online at any time.
Please contact us to schedule training for your staff and reduce fraud losses. Our trainers will come to your premises wherever you are in or outside Kenya and also be checking our website for scheduled training events.