Qatat Finance and Business Academic

QFBA

Course Overview:

The Certified Fraud Examiner (CFE) designation is a globally recognized credential awarded by the Association of Certified Fraud Examiners (ACFE). This certification is specifically tailored for professionals engaged in the prevention, detection, and investigation of fraud and white-collar crime. CFEs possess a unique skill set that combines expertise in areas such as forensic accounting, law, criminology, and internal controls. By obtaining the CFE certification, individuals demonstrate their commitment to the highest ethical standards and their dedication to combating fraud in various industries and sectors. The certification process involves meeting specific educational and professional criteria, followed by successful completion of a comprehensive examination covering topics like fraud prevention and deterrence, financial transactions and fraud schemes, investigation methods, and legal elements of fraud. CFEs play a crucial role in safeguarding organizations against financial misconduct, ensuring integrity in business practices, and contributing to the global effort to combat fraudulent activities.

Target Audience:

Auditors, Accountants, Fraud Managers, Controllers, Finance, and anyone who do fraud or investigation related issues.

Prerequisite:

  1. Must have a certified university degree (or equivalent), from an accredited College.
  2. Must have at least two-year experience on law fields and fraud detection and auditing field.
  3. Submit a membership application for a certificate of CFE Expert.
  4. Submit all documents related to joining the Exam.

Prerequisites for CFE Membership:

  1. ACFE Associate membership in good standing
  2. Minimum academic and professional requirements must be fulfilled
  3. High moral character
  4. Agreement to abide by the Bylaws and Code of Professional Ethics of the Association of Certified Fraud Examiners

Delivery Method:

In-Person Classes

CFE Course Package includes the following:

  1. ACFE Annual Associate Membership
  2. CFE Exam Application Fee
  3. CFE Exam Prep Course International Edition
  4. CFE Exam Review Course Workbook
  5. Fraud Examination Manual (Online version)
  6. CFE Exam Prep Flashcard App
  7. CFE Exam Review Course Attendance Certificate (30 CPEs).

Additions:

  1. 30 hours Virtual Live CFE Course in English and Arabic /Evening Classes
  2. 30 hours online recorded videos in English and Arabic explaining all the subjects

Course Outline:

Financial Transactions and Fraud Schemes:

  1. Accounting Concepts
  2. Financial Statement Fraud
  3. Asset Misappropriation: Cash Receipts
  4. Asset Misappropriation: Fraudulent Disbursements
  5. Asset Misappropriation: Inventory and other Assets
  6. Corruption
  7. Theft of Data and Intellectual Property
  8. Identify Theft
  9. Financial Institution Fraud
  10. Payment Fraud
  11. Insurance Fraud
  12. Health Care Fraud
  13. Consumer Fraud
  14. Cyberfraud
  15. Contract and Procurement Fraud

Law Related to Fraud:

  1. Overview of the Legal System
  2. The Law Related to Fraud
  3. Bankruptcy Fraud
  4. Securities Fraud
  5. Money Laundering
  6. Tax Fraud
  7. Individual Rights During Examinations
  8. The Criminal Justice System
  9. The Civil Justice System
  10. Basic Principles of Evidence
  11. Testifying

Fraud Prevention and Deterrence:

  1. Understanding Criminal Behavior
  2. White-Collar Crime
  3. Corporate Governance
  4. Management’s Fraud-Related Responsibilities
  5. Auditor’s Fraud-Related Responsibilities
  6. Fraud Prevention Programs
  7. Fraud Risk Assessment
  8. Fraud Risk Management
  9. Ethics for Fraud Examiners

Investigation Techniques:

  1. Planning and Conducting a Fraud Examination
  2. Collecting Evidence
  3. Interview Theory and Application
  4. Interviewing Suspects and Signed Statements
  5. Covert Operations
  6. Sources of Information
  7. Data Analysis and Reporting Tools
  8. Digital Forensics
  9. Tracing Illicit Transactions
  10. Report Writing
Date Duration Schedule Language Early Registration Regular Registration
20 Oct – 24 Oct 2024 5 sessions (6 hrs. per session) Sunday - Thursday 8:00am - 2:00pmcorrections English 11,000 QAR (1 Jan – 11 Sep 2024) 11,500 QAR (12 Sep – 10 Oct 2024)