Forensic Accounting

by

This course introduces you to forensic accounting by giving you a level of knowledge and skill that will enable you to understand more about this role, identify fraud and plan appropriate investigations.

£100 +VAT

4 CPD hours

120 days’ access

Use ACPD101 for 10% off any purchase.

Forensic Accounting

£100 +VAT

4 CPD hours 120 days’ access
Use ACPD101 for 10% off any purchase.

Forensic Accounting

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Understand the role of the forensic accountant
  • Identify misconduct including money laundering
  • Gain an understanding of how to prevent fraud
  • Plan and conduct fraud investigations
  • Develop an understanding of non-fraud work such as valuations and asset tracing
  • Understand the role of the forensic accountant as an expert witness

About the course

Forensic accounting might seem like a natural extension of the finance professional’s role, but in reality, it calls for a much broader skillset. Whether it’s uncovering fraud, tracing hidden assets, or giving evidence in high-stakes legal disputes, the work is high pressure, high impact, and often complex. With financial misconduct and litigation on the rise, there’s never been a greater need for skilled forensic accountants.

This course introduces the key areas of forensic accounting, from identifying misconduct and money laundering to conducting investigations and preparing valuations. Through interactive activities and peer learning, you’ll explore the varied nature of forensic work, including acting as an expert witness and taking on non-fraud assignments like asset tracing and business valuation.

By the end of the course, you’ll have the knowledge and confidence to contribute to forensic engagements, spot and investigate suspicious activity, and deliver credible, well-supported insights in both fraud and non-fraud contexts.

Contents

Introduction

What is forensic accounting?
Forensic accounting
The psychology of fraud
Finding a fraud
Has a crime been committed?
Money laundering, bribery and corruption
Corporate fraud
Detecting fraud
Preventing fraud

Fraud investigations

General principles
Fraud response team
The purpose of fraud investigation
Possible problems
Carrying out an investigation
Investigating management fraud
Analytical review
Investigating employee fraud
IT investigation approaches
When are IT approaches useful?

Non-fraud work

Valuation of unlisted entities
Types of valuation
Dealing with disputes
Asset tracing in divorce cases
Asset tracing and fraud

The expert

Consequential losses
Calculating consequential losses
Liquidated damages
Witnessing an expert
The expert witness
Giving evidence in a civil case
Giving evidence in a criminal case
Preparing the final report
Other issues

How it works

Author

John Taylor

John Taylor

John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp – Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.