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***This course is being updated and will be available shortly.***

This course is to provide a high-level overview and introduction into the world of the forensic accountant. Most accountants have an understanding of the concept of fraud and how it impacts companies, but many individuals do not have a full comprehension of the variance in the work performed by a forensic accountant versus a typical management accountant.  

This course It’s meant for those individuals interested in understanding the variances in the job tasks and responsibilities of forensic accountants versus typical financial or management accountants. 

Forensic accountants or auditors take a unique focus on performing their work.  Typically, when a person with forensic experience is called in to examine financial records, it is due to suspicion of fraud, evaluation of assets, or even to track down fundamentally incorrect accounting – intentional or not.

As fraud continues to raise its head in business processes, forensic accountants are discovering new and unique ways to identify, examine, and support their hypotheses and investigative techniques.  The work performed by a forensic specialist can be interesting and full of potential potholes if evidence isn’t examined according to proper protocols and standards.

In this course, we examine the many processes and roles of the forensic accountant.  We discuss rules of evidence and the accountant’s potential need to testify in a court of law.  Learners will come away with an understanding of the world of forensic accounting and the many ways in which it may differ from the typical accountant’s role.

 

 

Learning Objectives

  • Explore the world of forensic accounting.
  • Discover distinguishing concepts in forensic accounting.
  • Explore the role of forensic accountants.
  • Recognize the differences between litigation and investigative support.
  • Identify the types of engagements completed by forensic accountants.
  • Explore the process utilized by forensic accountants.
Last updated/reviewed: July 21, 2019

Included In Certifications

This course is included in the following Certification Programs:

11 CoursesBusiness Fraud Identification and Prevention Certification

  1. Introduction to Forensic Accounting
  2. Dissecting the Fraud Triangle
  3. Fraud: Focus on Corruption
  4. Fraud: Focus on Fraudulent Disbursements
  5. Fraud: Focus on Cash Component of Asset Misappropriation
  6. Fraud: Focus on Inventory
  7. Fraud: Focus on Financial Statement Fraud – Part One
  8. Fraud: Focus on Financial Statement Fraud – Part Two
  9. Fraud and COSO 2013
  10. Top Fraud Schemes
  11. Fraud Risk Assessments

123 Reviews (467 ratings)Reviews

5
Anonymous Author
This course was very informative in explaining the differences between standard accounting and forensic accounting. It also provided a great overview and in depth description of forensic accounting practices.
3
Member's Profile
It is an informative lesson on introduction to forensic accounting.
4
Member's Profile
Very good presentation of the role of a forensic accountant vs other accounting roles. Made very good examples of the issues and concerns a forensic accountant will deal in their profession. Could be done in 1 vs 2hr. I would recommend this course to anyone who is considering being a forensic accounting. Presentation style was excellent.
5
Member's Profile
It was a good introduction. The slides were thorough. It is important to have review questions in the slides as well as having a review quiz for assessment of understanding and comprehension. I think that CPAs could benefit from understanding the differences between public accounting and forensic accounting.
5
Member's Profile
A well taught course. The instructor was able to explain the various concepts and the differences between the forensic accountnat and the general accountant very well.I have learned that being a chartered accountant is not sufficient to make you an expert witness in Court. I strongly recommend this course.
5
Anonymous Author
This course was educational and very informative. The allotted time appeared sufficient. The instructor did a fantastic job presenting each topic of the course. I would look forward to taking an advance Forensic Accounting & Auditing course. I will recommend this course to others.
4
Anonymous Author
This course gave a great overview into forensic accounting, what skills/knowledge are required and the types of engagements that are worked on. It gave me an understanding that I did not have before. However, I thought it repeated information throughout the presentation.
5
Member's Profile
This was so much fun
5
Anonymous Author
I felt that the course being an introduction to Forensic Accounting was thorough and informative. It gave me a better understanding as to what is involved and the possible consequences of being a forensic accountant and the possibility of being an expert witness.
5
Member's Profile
An excellent course that provides a thorough review of forensic accounting, with contrasting insights between forensic, general accounting, and internal audit. I enjoyed learning about the legal aspects related to forensic accounting as well.
4
Anonymous Author
I like the short duration and the concise overview of the subject. I don't understand the correct answer for Exam Question #7.. which is to prohibit the professional from writing any reports. How can this be the correct choice of an answer?
4
Anonymous Author
This course is very insightful. I have learnt a lot about forensic accounting and investigation. The training materials were very helpful and I was able to understand the differences between a forensic accountant and a normal accountant
5
Member's Profile
This was a great overview of Forensic Accounting.It is good for understanding the differences from a financial accountant or auditor and provides some insights into the types of engagements and job opportunities for Forensic Auditors.
4
Anonymous Author
This provided a great introduction between what a forensic accountant does and typical accountant. It would be great to get a better understanding on how they prepare their reports and some basic investigative theories that they use.
2
Member's Profile
The core information presented in this course is useful, but there was a lot of repetition. I don't need to be told that a forensic accountant is often called to testify in court more than, say, three times.
5
Member's Profile
Breaks down new and old information into easily reviewed format. Always pleasant to hear Lynn's presentations on these topics which can otherwise be rather dry. She adds enthusiasm to the course!
4
Member's Profile
Excellent course to broaden an Accountants knowledge in the understanding the roles, responsibilities, qualifications and skills needed in order to become an effective Forensic Accountant.
5
Member's Profile
The course was very well structured and good examples were given to support the training. While I have performed fraud investigations in my past, the course provided additional insight.
5
Member's Profile
Excellent course covering all the important aspects of forensic accounting. Please note this course explains concepts and definitions but does not teach you how to do forensic accounting.
4
Member's Profile
Overall course was helpful and gave a great review of the tasks and skill sets required for a forensic accountant or auditor. I did feel that many of the sections were a bit repetitive.
5
Member's Profile
Not so useful in a general accountant/controller role but definitely interesting/informative and definitely recommended if you are thinking about a career in forensic accounting.
4
Member's Profile
The course was well organized and easy to understand. I think this is because I’ve had similar classes, but it was too simplified. I would have liked examples to flesh it out.
4
Member's Profile
This was an informative discussion of the role of a forensic account. The best practice examples of considerations necessarv in situations where forensic accounting is involved.
5
Anonymous Author
This course was interesting and provided a high level overview instead of getting too far into the details. The slides were very helpful for reviewing and making notes.
4
Member's Profile
The format was effective and not boring. The presenter was easy to understand and provided relevant details and anecdotes - and, mercifully, did not try to be funny.
5
Anonymous Author
The course provided solid background on the types of engagements a forensic accountant would be involved in, and how it compares/contrasts with a typical accountant.
3
Member's Profile
I believe the course content could be shorted and presented in a more concise manner. Overall good, but would love to see added methods of fraud investigations.
4
Anonymous Author
Good overview of the topic and the forensic accounting field. Hopefully another course talks about the detailed techniques and analyses forensic accountant perform
5
Member's Profile
First time with this format. Liked the course broken down into small segments so I had an easy time to take a quick break. The audio was clear and understandable.
5
Anonymous Author
Very thorough & detailed overview of forensic accounting. Good examples provided. Good introductory presentation to this field most accountants not involved in.
5
Anonymous Author
The information was informative and gave a good overview of forensic accounting. Also, the instructor made it very easy to follow and understand the topics.
5
Anonymous Author
Course was extremely interesting. The work of general accountants compared to forensic accountant have a lot of similarities, but unique difference as well.
5
Member's Profile
The instructor was knowledgeable and interesting. I also enjoyed the materials covered in the course. It was a good introduction to a very complex topic.
5
Anonymous Author
Great course that can help managers and internal auditors to identify situations when it's time to seek independent, professional forensic accountant.
5
Member's Profile
Provides information on what's a forensic accountant do. The instructor also cited good examples of cases where a forensic accountant is necessary.
5
Anonymous Author
Course provided an excellent overview of some of key characteristics that set forensic accountants/auditors apart from other accountants/auditors.
5
Anonymous Author
Very in-depth for the short amount of time. Gives a very clear definition of forensic accountant and the ways they differ from regular accountants.
4
Member's Profile
Good course. Very informative as to expertise required to be a forensic accountant and circumstances under which this expertise would be required.
4
Anonymous Author
The final exam had a few questions that didn't seem to be main points in the material. Otherwise, the course was interesting and kept my attention.
4
Member's Profile
This is a good introduction to the types of engagements a forensic accountant might be involved with. Good for someone considering this specialty.
5
Member's Profile
A good overview of the specialization required by a forensic accountant and the types of engagements a forensic accountant may be involved in.
5
Member's Profile
This was an informative course on forensic accounting and investigation. I would recommend it to anyone looking to learn about this topic.
5
Member's Profile
Very interesting course that provides some insight into the Forensic accounting profession and the process relating to Fraud investigation.
4
Member's Profile
Simple and easy to follow. I've taken a Fraud Examination class in college and this was a very good refresher of the basics of this field.
5
Anonymous Author
This was a very interesting force which made a clear distinction between a regular account and hotter and a forensic account very Helpful
5
Member's Profile
Excellent course. Well presented and to the point. Anyone interested in Forensic Accounting will definitely benefit from this course.
5
Member's Profile
Course met all expectations and correlated with course listing.Slides were helpful. Would take a course from this instructor again.
5
Member's Profile
It was very helpful and find out the main differences between the forensic accounting and a regular accounting and audit work.
5
Anonymous Author
I liked the course very much and learned a lot about forensic accounting, which help me with my job as an internal auditor.
4
Member's Profile
I wish the course would have also included how one goes about obtaining the skills needed to become a forensic accountant.
4
Member's Profile
Very interesting course. I've always been interested in forensic accounting and this is a great start to learning more.
4
Member's Profile
The webinar was very informative and very insightful. I like the format and the options provided to the people like me.
5
Member's Profile
This was a very interesting intro to Forensic Accounting, that was easy to follow and brought good facts to the table.
5
Member's Profile
Great examples and insight into forensic auditing concepts and applications. Definitely garners interest in the field.
5
Member's Profile
Good coverage over the forensic accounting profession, and main differences between traditional accounting positions.
5
Anonymous Author
The course provided valuable information about the roles and responsibilities of forensic accounting. Great course!
5
Anonymous Author
Good, basic overview of the role of a forensic accountant and differences from traditional accountants and auditors.
5
Member's Profile
Very informative. Enjoyed learning about aspects of forensic accounting which I had never thought about before.
5
Anonymous Author
A straight forward, common sense explanation of forensic accounting and the issues facing forensic accountants.
5
Member's Profile
Great course for someone who wants to learn about forensic accounting and differences from general accountants.
5
Member's Profile
It was a good high level course as it explains the difference between forensic and other forms of accounting.
5
Member's Profile
This course is an excellent presentation of the Forensic Accounting difference from a regular accountant.
5
Member's Profile
I enjoyed the course. I did not know how much I did not know - until I took this class. An eye-opener.
4
Member's Profile
This was a good introductory course into forensic accounting and even peaked my interest in the field.
1
Member's Profile
The same points were made throughout the entire course. The only thing changed was the verbiage used.
4
Member's Profile
Very detail lesson on the difference between a forensic accountant, auditor and a regular accountant.
4
Member's Profile
The course was a basic introduction to Forensic accounting that was presented in a very clear manner.
3
Good summary of what a forensic accountant is, their skill and experience and types of engagement.
5
Member's Profile
Learned why a forensic accountant is necessary and important in the legal and criminal processes.
5
Member's Profile
The instructors real life examples were very helpful to further my understanding of the concepts.
5
Member's Profile
What you would expect for a foundation level course. The questions proved to be a nice refresher.
5
Anonymous Author
I remember this coursework from college and its always very fascinating to me. Good lesson plan.
5
Member's Profile
I thought this course provided a great overview of forensic accounting and what it entails.
5
Member's Profile
nice review ...quick notes ...good instructor, I will look for more information on this topic
4
Anonymous Author
Good overview about the area of forensic accounting. I feel like it could be updated a bit.
5
Member's Profile
Excellent course. I liked how the instructor gave real life examples to explain things.
3
Member's Profile
Would have liked to know further about the procedures used to conduct a forensic analysis
3
Member's Profile
More concrete techniques and less digression with personal anecdotes which are unhelpful.
5
Anonymous Author
This course is helpful for anyone trying to gain some background in forensic accounting.
5
Member's Profile
A thorough introduction to forensic accounting. Well structured with practical examples
5
Member's Profile
As always very easy to follow and provides a concise but informative view of the topic
5
Anonymous Author
The course was very interesting! Lynn did a great job explaining forensic accounting!
5
Anonymous Author
Good course, covers the material. Supportive questions to help with the final exam.
5
Member's Profile
Interested in getting the CFE certification so hoping this is a good place to start.
5
Member's Profile
This was a really interesting topic. I liked the comparisons to normal accountants.
4
Member's Profile
Good overview of important factors which distinguish forensic accountant engagement
5
Anonymous Author
Very clear for non-English speakers. Did not have difficulty with the translation
4
Member's Profile
Good overview on what a Forensic Accountant does and how they go about auditing.
5
Anonymous Author
The course is a great overview regarding forensic accounting and investigation.
5
Member's Profile
Good course that highlights the primary purpose and functions of the profession.
4
Member's Profile
Interesting subject, good overview of material; like the way it was presented.
4
Anonymous Author
Not a bad course. A little vague in some areas, but overall pleased with it.
5
Anonymous Author
Instructor spoke clearly and presented the information in a thoughtful way.
4
Member's Profile
great course for definitions and basic understanding of forensic accounting
5
Anonymous Author
Very good instructions and course material. Thoroughly enjoy the sessions.
5
Member's Profile
Takes a complex topic and simplifies it for learning purposes, good course
4
Anonymous Author
It was interesting to see the scope of where forensic accounting is used.
5
Anonymous Author
This is a very useful course for CMAs. I would recommend CMAs to take it.
4
Anonymous Author
This is a good introductory course for Forensic accounting and auditing.
5
Member's Profile
The course was very efficient. IT was clear, concise, and to the point.
5
Anonymous Author
Effective presenter with practical examples. Content is well organized.
4
Anonymous Author
The course is very informative. I learned things I didn't know before.
5
Anonymous Author
Great course with a lot of interesting facts! I thoroughly enjoyed it.
5
Member's Profile
Very informative. I enjoyed learning about a potential future career.
4
Member's Profile
Interesting content - prepared for people which are new to this topic
5
Member's Profile
This was very interesting - I'm glad I took this particular course.
5
Anonymous Author
Great course. Covered the topics thoroughly. Liked the instructor.
4
Anonymous Author
Great introductory course about what a forensic accountant does.
4
Member's Profile
Great materials, really easy to follow. Appreciate the PDF file.
4
Member's Profile
User friendly materials to study with especially for beginners.
5
Member's Profile
it was clear and concise. very basic overview. interesting.
4
Member's Profile
Content was at the right level of detail for a broad audience.
3
Member's Profile
good enough for me to get my cpes for my cia and cpa licenses
5
Member's Profile
This course focuses on key elements of forensic accounting.
4
Member's Profile
This class was really great and informative! I enjoyed it.
3
Member's Profile
The material was a little dry and not what I expected.
4
Member's Profile
Good content as a general overview; somewhat repetitive
5
Member's Profile
Great lesson plan, instructor and review examination.
5
Member's Profile
This is a great course. I will recommend this course.
5
Member's Profile
Amazing course. Great insight. Good presentation.
5
Anonymous Author
Covers the basics and provides a good introduction.
3
Member's Profile
Interesting content but delivery was a little slow.
4
Anonymous Author
Basic and general information.

Prerequisites

Course Complexity: Intermediate

No Advanced Preparation or Prerequisites are needed for this course. 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  4:16Introduction to Forensic Accounting and Auditing
Forensic Accounting and Investigation
  3:05Forensic Accounting and Auditing
  7:56Distinguishing Concepts
  12:17Techniques
  14:38Knowledge
  10:51Forensic Accounting
  5:37Forensic Investigation
  12:24Types of Engagements
  2:39Retaining Forensic Accountant
  6:36The Forensic Process
CONCLUSION
  1:34Summary
CONTINUOUS PLAY
  1:21:54Forensic Accounting and Investigation
SUPPORTING MATERIALS
  PDFSlides: Forensic Accounting and Investigation
  PDFForensic Accounting and Investigation Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM