What you'll learn

2024 CFE syllabus of Financial Transactions and Fraud Schemes indepth coverage

What is Fraud?

Fraud Triangle and Types of Frauds

Basic accounting and auditing theory,

Fraud schemes,

Internal controls to deter fraud and other auditing and accounting matters.

Requirements

2024 CFE Manual or handbook

Description

Welcome to the Certified Fraud Examiner (CFE) course on Financial Transactions and Fraud Schemes, designed to equip you with comprehensive knowledge and practical skills to navigate the complex world of financial fraud. In this dynamic and up-to-date course for 2024, we delve into the latest trends, tools, and strategies used by fraudsters, providing you with the expertise needed to prevent, detect, and investigate financial fraud.Key Learning Objectives:Fundamentals of Financial Transactions:Gain a solid understanding of various financial transactions, including payments, investments, and transfers.Explore the legal and ethical frameworks governing financial transactions.Fraudulent Schemes Overview:Examine common fraud schemes prevalent in the contemporary business landscape.Analyze case studies to understand the mechanics of fraud and its impact on organizations.Red Flags and Warning Signs:Learn to identify red flags and warning signs indicative of potential fraudulent activities.Develop the ability to assess and interpret financial data to uncover irregularities.Cybersecurity and Fraud:Explore the intersection of cybersecurity and fraud, understanding how technology is both a tool and a target for fraudsters.Acquire skills to safeguard financial transactions in the digital era.Data Analytics in Fraud Detection:Harness the power of data analytics to detect anomalies and patterns associated with fraudulent activities.Hands-on exercises using industry-leading tools to enhance your analytical capabilities.Internal Controls and Risk Mitigation:Evaluate the effectiveness of internal controls in preventing and detecting fraud.Develop strategies to mitigate fraud risks and strengthen organizational resilience.Interview and Interrogation Techniques:Master the art of conducting effective interviews and interrogations in a fraud investigation context.Understand legal and ethical considerations in obtaining information.Legal and Ethical Considerations:Navigate the legal and ethical landscape surrounding financial fraud investigations.Stay abreast of regulatory developments impacting fraud prevention and detection.Reporting and Documentation:Learn the essentials of documenting and reporting findings in a clear and concise manner.Understand the role of the CFE in legal proceedings.Continuous Professional Development:Explore avenues for ongoing professional development in the field of fraud examination.Access resources and networks to stay updated on the latest trends and best practices.By the end of this course, you'll emerge with the skills and knowledge needed to excel as a Certified Fraud Examiner, contributing to the integrity and security of financial transactions in a rapidly evolving business environment. Enroll now and embark on a journey towards becoming a trusted guardian against financial fraud in 2024.