info@bolc.co.uk
+44 292 0026 229
Follow Us :
/
Logo
 
Forensic Accounting - Level 5 Diploma



Course Overview

Certified in Financial Forensics

Boost your CV with endorsed Forensic Accounting Certificationfor the chance to build a rewarding career in fraud detection and prevention.  Brentwood Open Learning College is proud to offer this exclusive Level 5 Forensic Accountancy Diploma, open for enrolment right now with no deadlines or time restrictions to worry about. Get Certified in Financial Forensics by studying from home, with expert tutor support provided throughout.  Study the effects of fraud and financial crime on the economy, the psychology of the fraudster and a detailed breakdown of the investigative process.  Learn how to detect the signs of fraud, conduct a thorough fraud risk assessment framework and interview sophisticated witnesses.  Fulfil all Essential Forensic Accounting Certification requirements with this advanced diploma and explore a world of incredible career prospects!  Sign up online, or contact a member of the team at Brentwood Open Learning College for more information.

Why Study Forensic Accountancy?

Forensic accountants are hired by organisations worldwide to protect themselves from financial loss.  The threat posed by traditional fraudsters and cybercriminals alike is escalating at its fastest ever pace.  For the skilled forensic accountant, every day represents the ultimate ‘cat and mouse’ challenge, wherein the goal is to stay one step ahead of the fraudster.  Unfortunately, when an instance of fraud is detected, it may be too late to reverse the damage.  The most effective approach is to prevent fraud from occurring in the first place, which involves a careful programme of risk analysis, activity monitoring and evidence gathering. There’s growing demand for the services of skilled forensic accountancy personnel, making now the perfect time to consider a career change. Likewise, self-employment opportunities for qualified and capable forensic accountants are wide open.

Course Syllabus

Brentwood Open Learning College offers a diverse catalogue of endorsed accountancy programs, open for enrolment 365 days a year.  Our most Advanced Level 5 Forensic Accountancy Diploma takes place over a series of 12 detailed modules, which cover the following concepts and knowledge areas:

Module 1 - Introduction to Forensic Accounting

Module one introduces candidates to the functions and objectives of forensic accounting, along with the primary responsibilities of the qualified forensic accountant.  The qualities and characteristics of the effective forensic accountant are also discussed, along with auditing in forensic accountancy, the differences between various types of fraud and the importance of proactive fraud prevention.

Module 2 - Crime and Economy

Candidates then consider the broad economic implications of financial crime, while considering the recent history and evolution of financial fraud.  Several different financial crime categories and tights are examined, along with the role of the forensic accountant in preventing financial crime and an introduction to the investigative process.

Module 3 - Psychology of The Fraudster

The psychology of the fraudster is discussed at length in module three, in which candidates consider the most common motivations for criminal activities.  Course content also covers the organisations and individuals at an elevated risk of being targeted by fraudsters, along with the mindset of the fraudster and the shared characteristics of contemporary criminals.

Module 4 - Fraud Detection Techniques

Module four outlines the importance of taking a proactive approach to fraud-detection and prevention.  The potential consequences of ignoring or overlooking evidence of fraudulent activity are discussed, along with an introduction to revenue recognition detection, financial statement fraud and several key fraud risk factors.

Module 5 - The Investigative Process

Course content examines the investigative process at a deeper level in module five, in which candidates study the initial stages of preparing a case against a suspected criminal.  Guidelines are presented for evaluating the strength of a case before going ahead, along with the importance of setting realistic goals and objectives during the initial planning phase.

Module 6 - Gathering Evidence

Candidates then learn how to begin the evidence gathering process, while considering different types of evidence and their respective functions in fraud detection and prevention. Key sources of evidence examined and discussed include journals, financial records, accountancy reports and so on.

Module 7 - Obtaining & Evaluating Non-Financial Evidence

Module seven examines the extent to which non-financial evidence plays an important role when establishing a case against a suspected fraudster.  Candidates learn how to assess and analyse the information contained in written statements, along with the fundamentals of the effective interview, how to ask questions strategically and the importance of presenting evidence in a confident and convincing manner.

Module 8 - Interviewing Financially Sophisticated Witnesses

Interview skills are discussed further in module eight, in which candidates learn how to deal with witnesses with advanced financial knowledge and experience. The interview planning process is also dissected and discussed, along with the structure of the effective interview and the importance of asking the right questions at the right time.

Module 9 - Fraud Risk Assessments

Candidates are then guided through the process of conducting a detailed fraud risk assessment, while considering their functions and objectives in forensic accountancy.  Tips and guidelines for more effectively detecting, categorising and prioritising threats are presented, along with choosing the most appropriate management/mitigation option for dealing with the risks identified.

Module 10 - Fraud Prevention

The development and implementation of a broad and effective fraud prevention policy is discussed in module 10, in which candidates consider the true value of preventing financial crime from occurring in the first place.  The importance of objectivity, neutrality and an ethical approach to forensic accountancy is also discussed.

Module 11 – Computer Crimes

Module 11 examines the extent to which connected computer technology has increased the threat posed by fraudsters, both to businesses and members of the public alike.  Candidates consider the advantages and disadvantages of connected technology in the workplace, along with how IT systems and software can also be used to reduce the risk of fraud.

Module 12 - Working in A Forensic Team

Bringing the course to a close, module 12 examines several important roles and responsibilities within a fraud-detection team.  Examples of which include external auditors, internal assessors, legal experts and general accountancy personnel, each of which is considered by way of its contribution to the fraud-detection and prevention process.

Fee & Payment Options

Paying in Installments: £660(interest FREE Installments)

Deposit: £120

No of Installments: 12

Each Installment: £45

Pay in Full: (£100 Discount) £560

Accreditation

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 Brentwood open learning college 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 Brentwood open learning college 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. 

Career Path

For some, pursuing a career in forensic accountancy is all about securing a high-profile role with an established employer. For others, the dream is to set up solo as a freelance fraud detection specialist, or perhaps set up their own consultancy from scratch. In both instances, career opportunities in forensic accountancy are wide open for qualified and capable candidates. As a field of unique relevance and growing importance worldwide, there’s never been a better time to study the art of fraud detection and prevention. Salaries in forensic accountancy range from £25,000 to more than £50,000 with experience.

Who Should Take This Course?

Our extensive library of distance learning courses features only the highest-quality programmes, fully endorsed by recognised bodies and open for enrolment throughout the year.  This advanced Level 5 Forensic Accountancy Diploma comes particularly highly recommended to the following applicants:

  • Accountancy personnel looking to enhance their skills
  • Members of the workforce pursuing promotion
  • Business owners, managers and leadership personnel
  • Entrepreneurs and anyone considering business ownership
  • Candidates interested in self-employment opportunities
  • Anyone pursuing a career in fraud detection and prevention

This exclusive course comes with all study aids and learning resources in the initial fee for unbeatable value for money.  Enrol online and get started today, or contact the admissions team at Brentwood Open Learning College for more information.

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

Start Date
Ongoing




Customer Reviews


Total Reviews: (0)


Pay Online


Course Cost

£ 560

WAS
£ 660

SAVE
£ 100



Forensic Accounting - Level 5 Diploma



Course Cost

£ 560

WAS
£ 660

SAVE
£ 100



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

Start Date
Ongoing






Course Overview

Certified in Financial Forensics

Boost your CV with endorsed Forensic Accounting Certificationfor the chance to build a rewarding career in fraud detection and prevention.  Brentwood Open Learning College is proud to offer this exclusive Level 5 Forensic Accountancy Diploma, open for enrolment right now with no deadlines or time restrictions to worry about. Get Certified in Financial Forensics by studying from home, with expert tutor support provided throughout.  Study the effects of fraud and financial crime on the economy, the psychology of the fraudster and a detailed breakdown of the investigative process.  Learn how to detect the signs of fraud, conduct a thorough fraud risk assessment framework and interview sophisticated witnesses.  Fulfil all Essential Forensic Accounting Certification requirements with this advanced diploma and explore a world of incredible career prospects!  Sign up online, or contact a member of the team at Brentwood Open Learning College for more information.

Why Study Forensic Accountancy?

Forensic accountants are hired by organisations worldwide to protect themselves from financial loss.  The threat posed by traditional fraudsters and cybercriminals alike is escalating at its fastest ever pace.  For the skilled forensic accountant, every day represents the ultimate ‘cat and mouse’ challenge, wherein the goal is to stay one step ahead of the fraudster.  Unfortunately, when an instance of fraud is detected, it may be too late to reverse the damage.  The most effective approach is to prevent fraud from occurring in the first place, which involves a careful programme of risk analysis, activity monitoring and evidence gathering. There’s growing demand for the services of skilled forensic accountancy personnel, making now the perfect time to consider a career change. Likewise, self-employment opportunities for qualified and capable forensic accountants are wide open.

Course Syllabus

Brentwood Open Learning College offers a diverse catalogue of endorsed accountancy programs, open for enrolment 365 days a year.  Our most Advanced Level 5 Forensic Accountancy Diploma takes place over a series of 12 detailed modules, which cover the following concepts and knowledge areas:

Module 1 - Introduction to Forensic Accounting

Module one introduces candidates to the functions and objectives of forensic accounting, along with the primary responsibilities of the qualified forensic accountant.  The qualities and characteristics of the effective forensic accountant are also discussed, along with auditing in forensic accountancy, the differences between various types of fraud and the importance of proactive fraud prevention.

Module 2 - Crime and Economy

Candidates then consider the broad economic implications of financial crime, while considering the recent history and evolution of financial fraud.  Several different financial crime categories and tights are examined, along with the role of the forensic accountant in preventing financial crime and an introduction to the investigative process.

Module 3 - Psychology of The Fraudster

The psychology of the fraudster is discussed at length in module three, in which candidates consider the most common motivations for criminal activities.  Course content also covers the organisations and individuals at an elevated risk of being targeted by fraudsters, along with the mindset of the fraudster and the shared characteristics of contemporary criminals.

Module 4 - Fraud Detection Techniques

Module four outlines the importance of taking a proactive approach to fraud-detection and prevention.  The potential consequences of ignoring or overlooking evidence of fraudulent activity are discussed, along with an introduction to revenue recognition detection, financial statement fraud and several key fraud risk factors.

Module 5 - The Investigative Process

Course content examines the investigative process at a deeper level in module five, in which candidates study the initial stages of preparing a case against a suspected criminal.  Guidelines are presented for evaluating the strength of a case before going ahead, along with the importance of setting realistic goals and objectives during the initial planning phase.

Module 6 - Gathering Evidence

Candidates then learn how to begin the evidence gathering process, while considering different types of evidence and their respective functions in fraud detection and prevention. Key sources of evidence examined and discussed include journals, financial records, accountancy reports and so on.

Module 7 - Obtaining & Evaluating Non-Financial Evidence

Module seven examines the extent to which non-financial evidence plays an important role when establishing a case against a suspected fraudster.  Candidates learn how to assess and analyse the information contained in written statements, along with the fundamentals of the effective interview, how to ask questions strategically and the importance of presenting evidence in a confident and convincing manner.

Module 8 - Interviewing Financially Sophisticated Witnesses

Interview skills are discussed further in module eight, in which candidates learn how to deal with witnesses with advanced financial knowledge and experience. The interview planning process is also dissected and discussed, along with the structure of the effective interview and the importance of asking the right questions at the right time.

Module 9 - Fraud Risk Assessments

Candidates are then guided through the process of conducting a detailed fraud risk assessment, while considering their functions and objectives in forensic accountancy.  Tips and guidelines for more effectively detecting, categorising and prioritising threats are presented, along with choosing the most appropriate management/mitigation option for dealing with the risks identified.

Module 10 - Fraud Prevention

The development and implementation of a broad and effective fraud prevention policy is discussed in module 10, in which candidates consider the true value of preventing financial crime from occurring in the first place.  The importance of objectivity, neutrality and an ethical approach to forensic accountancy is also discussed.

Module 11 – Computer Crimes

Module 11 examines the extent to which connected computer technology has increased the threat posed by fraudsters, both to businesses and members of the public alike.  Candidates consider the advantages and disadvantages of connected technology in the workplace, along with how IT systems and software can also be used to reduce the risk of fraud.

Module 12 - Working in A Forensic Team

Bringing the course to a close, module 12 examines several important roles and responsibilities within a fraud-detection team.  Examples of which include external auditors, internal assessors, legal experts and general accountancy personnel, each of which is considered by way of its contribution to the fraud-detection and prevention process.

Fee & Payment Options

Paying in Installments: £660(interest FREE Installments)

Deposit: £120

No of Installments: 12

Each Installment: £45

Pay in Full: (£100 Discount) £560

Accreditation

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 Brentwood open learning college 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 Brentwood open learning college 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. 

Career Path

For some, pursuing a career in forensic accountancy is all about securing a high-profile role with an established employer. For others, the dream is to set up solo as a freelance fraud detection specialist, or perhaps set up their own consultancy from scratch. In both instances, career opportunities in forensic accountancy are wide open for qualified and capable candidates. As a field of unique relevance and growing importance worldwide, there’s never been a better time to study the art of fraud detection and prevention. Salaries in forensic accountancy range from £25,000 to more than £50,000 with experience.

Who Should Take This Course?

Our extensive library of distance learning courses features only the highest-quality programmes, fully endorsed by recognised bodies and open for enrolment throughout the year.  This advanced Level 5 Forensic Accountancy Diploma comes particularly highly recommended to the following applicants:

  • Accountancy personnel looking to enhance their skills
  • Members of the workforce pursuing promotion
  • Business owners, managers and leadership personnel
  • Entrepreneurs and anyone considering business ownership
  • Candidates interested in self-employment opportunities
  • Anyone pursuing a career in fraud detection and prevention

This exclusive course comes with all study aids and learning resources in the initial fee for unbeatable value for money.  Enrol online and get started today, or contact the admissions team at Brentwood Open Learning College for more information.

Customer Reviews


Total Reviews: (0)