Certified Forensic Accounting Professional is the premier certification in India in the antifraud domain. Certified Forensic Accounting Professional (CFAP) is a person who has successfully completed the examination conducted by Indiaforensic Center of Studies to become an expert in the field of forensic accounting, forensic auditing, litigation support and investigative accounting.
Certified Forensic Accounting Professional (CFAP)is a designation awarded by Indiaforensic Center of Studies in association with NSE Academy (A Wholly owned subsidiary of NSE India Limited). Certified Forensic Accounting Professionals are present in more than 7 countries including Nigeria, Oman, Qatar, UAE, Uganda and others.
Certified Forensic Accounting Professional is the program designed to equip the accounting students and the professionals for the battle against the frauds. Participants will be given a broad-based introduction to the nature and purpose of forensic accounting. The scope and content of all subjects extend well beyond narrow focus of fraud prevention and provide an opportunity to study and acquire skills in investigative techniques and the collection of data as well as the skills necessary to not only identify poor management but also unethical and fraudulent activities.
Syllabus of Certified Forensic Accounting Professionals
Indian Forensic Accounting Manual which classifies the Indian Frauds in various companies in India is the key learning aspect of this program. In addition the students also get to learn various schemes based on the theme that frauds are committed either "for the company" or "against the company". Syllabus of the program covers wide range of topics from Forensic Accounting and Forensic Audit. Financial statement frauds are the classic example of the frauds comitted for the business and the occupational frauds is the classic example of the frauds against the business. This certification covers both these aspects of the frauds. Additionally, the study material designed for the course also discuss the methods for prevention, detection and investigation of the frauds
Why Hire Certified Forensic Accounting Professionals?If this trust is met with fraud then two equally disheartening and unprofitable reactions, might take place the first, the customer loses his trust in your brand and the second; he becomes very hesitant and reluctant to Invest. Either of these reactions will hamper your future sales and damage your reputation. To protect the interests of your organisation and your investors you need a strong Fraud Risk Management or Vigilance team in your organisation. CFAP is the forensic accounting benchmark. It is necessary that you hire CFAP.
CFAP's understand the fraud risks involved in the system. Having a Certified Forensic Accounting Professional (CFAP) helps the organisations to have the right person to do the right job of identifying frauds.The CFAPs understand the difference between Forensic Accounting and Forensic Audits.Many professionals fail to understand the difference between these two seemingly similar professionsCertified Forensic Accounting Professionals are well connected as the Indiaforensic members are spreaded in 500 Multinational companies.
Riskpro (The Brand owners of Indiaforensic) believes that its service quality and delivery is enhanced by investment in deep and transparent relationships with its clients built on mutuality of interest and well-being. Towards this end, it has consciously invested time and efforts benchmarking its certification program development practices against the best in the world, committed to set standards in service.
Need of CFAP
India needs more than 6000 forensic accountants in the coming 3 years Read more
India loses $40 billion every year to occupational frauds Read More
More than 1200 companies in India could be indulging into the accounting manipulations Read More
Average salary of a forensic accountant more than Rs. 6 lacs in even recession Read more
Antifraud unit helps the organisation to cut the fraud losses and the performance of this unit is measurable. If you are looking to incorporate the fraud control unit or fraud risk management team or the forensic accounting team then we have the solution for you.