AICPA Guidance for the Forensic Engagement
This course provides an overview of the professional standards and conduct considerations that all CPAs who work as forensic accountants must adhere to. Guidance of both an authoritative and non-authoritative nature is explained.
Understandiffng the Forensic Accountant Role
This course explains the difference between a traditional auditor and forensic accountant, lists the characteristics of a forensic account, and describes the possible role a forensic accountant can have during a client engagement.
Understanding the Basic Structure of the Legal System
This course provides an overview of the legal, judicial, and regulatory environment in which a forensic accountant may practice. We will introduce you to the basics of civil and criminal laws, dispute resolution, and federal and state rules of evidence and procedure. The course also provides an overview of the federal and state courts and an introduction to other applicable laws, regulations, guidance, and agencies relative to the work of the forensic accountant.
Managing the Forensic Engagement
This course provides an overview of how to plan and prepare for a financial forensic engagement. Topics include considerations when accepting an engagement, defining the terms of the engagement, working with attorneys, and identifying and managing resources.
Identifying and Obtaining Evidence
This course provides an overview of evidence identification and collection during legal matters and independent investigations. It includes the various duties a forensic accountant can be asked to provide for a client. Also reviewed is where evidence (both paper and electronic) can be found and how it should be treated and processed.
Conducting Effective Interviews
This course provides an explanation of the professional standards that govern investigative interviews and the methodical app roaches and investigative techniques a forensic accountant should take to effectively perform these interviews.
Common Investigative Techniques
This course explores some of the specific approaches a forensic accountant should take in a fraud investigation. The seven investigative techniques, the fraud triangle, and investigative pitfalls are discussed. Analytical procedures are explained including the tracing of cash and assets, financial statement analysis, and insider training analysis.
Deposition and Testimony
This course explains the critical differences between the roles of consultants and testifying experts in the field of forensic accounting, while also outlining the differences in depositions and courtroom testimony. Learn how to avoid the mistakes of inexperienced experts and prepare, present, and deliver effective deposition testimony.
Reporting Requirements & Preparing Sustainable Reports
This course will help you to better understand the reporting requirements and professional standards that you will need to know in order to create an effective, accurate, and sustainable report.
Bankruptcy, Insolvency and Reorganization
This course provides a high-level overview of bankruptcy and the roles of forensic accountants that work with bankruptcy engagements. Our overview employs three different scenarios to give learners a broad understanding of the field.
Leveraging Technology in Forensic Engagements
This course explains the role of technology in supporting the forensic accountant during a customer engagement, including the challenges encountered when providing such services. The process to locate or find Electronically Stored Information (ESI) is described along with the technologies and methodologies that can be used to evaluate and analyze the data once acquired. The goal of the course is to help the practitioner understand the process, considerations, and available technology tools needed to examine electronically stored information and data when investigating fraud.
Economic Damages in Business
The purpose of this course is to provide an overview of the different methods used to analyze and quantify economic damages in business. The learner will be introduced to the role of the financial forensics professional in analyzing claims for economic damages, as well as the professional and legal standards that apply to this work.
Economic Damages for Individuals: A CPA’s Role
This course will help you to better understand the applicable professional standards, underlying components for calculating economic damages for individuals, and legal issues related to economic damages.
Economic Damages for Individuals: Case Studies and Analysis
This course will provide practice in calculating economic damages for individuals using case studies. You will apply theory and methodology for calculating economic damages to common scenarios you will encounter when performing forensic accounting services.
Calculating Intellectual Property Infringement Damages
This course provides an overview of the four types of intellectual property and the potential damages associated with infringements of each type. It includes an introduction to the laws governing intellectual property and guidance for calculating infringement damages for each type of intellectual property.
Family law Engagements
This course provides a high-level overview of the divorce process and the roles of Forensic Accountants that work on the financial aspects of divorce cases. Our overview employs two different situations to give learners a broad understanding of the field and what is expected.
Fraud Prevention, Detection, and Response
This course describes the techniques typically employed to prevent, detect and investigate fraud within the organization. Topics include the impact of fraud on business and society, common profiles of fraud perpetrators, types of fraud schemes, fraud triangle, risk issues, corporate governance, and fraud risk assessment and process controls. The relevant components and steps of a prepared report are explained as well as the implementation of a remediation process and related plan of action.
Financial Statement Fraud and Asset Misappropriation
This course describes some of the issues that allow financial statement fraud to occur, including a lack of adequate internal controls over the accounting processes, management overrides of internal controls, and pressure to achieve specific financial results. Frequent types of financial statement fraud are explained as well as how internal investigations are often triggered and evidence is collected by a forensic accountant in an investigation. Common types of internal and external asset misappropriation are identified in addition to relevant case studies profiling common fraud schemes.
Valuations in Litigation Matters
The purpose of this course is to provide an overview of the procedures and considerations for beginning a valuation engagement for litigation purposes. You will be introduced to approaches and methods for valuations, as well as learn how to develop a common groundwork for preparing depositions and court testimony.