Certified Fraud Examiner

The Certified Fraud Examiner (CFE) course is a comprehensive five-day program designed for professionals seeking to enhance their understanding of fraud detection, prevention, and investigation. This course provides in-depth insights into the various types of fraud, the psychological and behavioural aspects of fraudsters, and the legal frameworks surrounding fraud investigations. Participants will learn practical skills and methodologies to identify fraud risk areas, conduct effective investigations, and implement controls to mitigate fraud in their organizations.

Through expert-led discussions, case studies, and practical exercises, participants will gain the knowledge and confidence necessary to become proficient fraud examiners. By the end of the course, attendees will be equipped with the skills to effectively combat fraud, safeguarding their organizations and upholding ethical standards.

Learning Objectives

Identify various types of fraud and their impact on organizations.

Understand the legal aspects and ethical considerations related to fraud investigation.

Develop and implement effective fraud prevention and detection strategies.

Conduct comprehensive fraud investigations using proven methodologies and tools.

Course Outline

Day 1: Understanding Fraud

Define fraud and its various types, including financial, asset, and identity fraud.
Explore the fraud triangle model and its components: opportunity, pressure, and rationalization.
Discuss the impact of fraud on organizations and stakeholders.
Analyze real-world case studies to identify patterns and motives behind fraudulent activities.

Day 2: Legal Frameworks and Ethical Considerations

Understand the legal environment surrounding fraud examination, including relevant laws and regulations.
Discuss the role of ethics in fraud examination and the importance of professional integrity.
Examine the rights of employees and the implications of wrongful termination and privacy laws.
Learn about the legal considerations when conducting fraud investigations and reporting findings.

Day 3: Fraud Prevention and Detection Strategies

Identify common fraud risk factors and red flags within organizations.
Explore techniques for implementing effective internal controls and monitoring systems.
Learn about data analytics and technology tools for fraud detection and prevention.
Discuss the importance of fostering an ethical organizational culture to deter fraud.

Day 4: Investigative Techniques and Methodologies

Develop skills for planning and conducting fraud investigations.
Explore interviewing techniques and strategies for gathering evidence.
Learn how to document findings and prepare reports for stakeholders.
Discuss case studies of successful fraud investigations and lessons learned.

Day 5: Reporting and Remediation

Understand the process for reporting fraud findings to management and law enforcement.
Discuss remediation strategies and best practices for recovering losses.
Explore the importance of continuous monitoring and reassessment of fraud risks.
Learn about emerging trends in fraud and the future landscape of fraud examination.

Who is it for?

Looking to plan and execute effective email marking campaigns?

This course is for you!

Auditors, compliance officers, and risk management professionals.

Law enforcement officers and investigators seeking to enhance their fraud examination skills.

Managers and executives responsible for fraud prevention and internal controls within their organizations.

Professionals from various sectors, including finance, banking, healthcare, and public service.

Accreditation

This course is accredited by the CPD Standards Office, ensuring that participants receive recognized continuing professional development credits. Upon completion, participants will be awarded a certificate acknowledging their expertise in leading AI and digital transformation initiatives, further enhancing their professional development and career prospects.

Progression

After successful completion of this course, you could progress on to

Certified Fraud Examiner