Our topic-wise quizzes cover all the important topics of forensic accounting, fraud, digital forensics, and cybercrime, which are most frequently asked in exams.

Core Forensic Accounting Concepts

• Fundamentals: This section introduces the core principles of forensic accounting, including the primacy of truth, due professional care, objectivity, and continuous improvement.
• Forensic Accounting, Audit and Auditor: This section defines forensic accounting, forensic audit and the role of a forensic auditor.

Fraud Related Concepts

• Fraud Triangle: Understanding the elements of the fraud triangle: pressure, opportunity, and rationalisation, and how they contribute to fraudulent activities.
• General Fraud: Defining fraud as an intentional act to deceive for personal gain.
• Financial Statements Frauds: This module will cover how financial statements can be manipulated for fraudulent purposes and how to detect this.
• Specific Frauds: This section will cover various specific types of fraud including:
  • Cheque Fraud: Methods of manipulating or forging cheques.
  • Lapping: Understanding the lapping scheme where money is stolen and then credited to another account to conceal the theft.
  • Social Engineering: Psychological manipulation techniques used to gain unauthorized access to systems or information.
  • Perpetrator: Understanding the typical profiles and motivations of fraud perpetrators.
  • Employee: How employees can be involved in fraudulent activities.
  • Red Flags: Identifying warning signs of potential fraud.
  • Green Flags: Understanding how seemingly positive indicators might conceal fraud.

Fraud Investigation Techniques

• Investigation: Core investigation techniques and processes.
• Chain of Custody: Maintaining the integrity of evidence through proper documentation of seizure, custody, control, transfer, analysis, and disposition.
• Criminal: Types of criminal activities and the tools used by computer criminals.
• Interview: Conducting effective interviews using different types of questions and strategies.
• Data: Understanding how data is collected and used during an investigation.
• Excel: Using Excel for data analysis and manipulation in fraud investigations.
• Benford: Applying Benford’s Law for fraud detection and data analysis.

Digital Forensics

• Digital Forensics: Core principles and processes for handling electronic data as evidence.
• Computer Forensics: The application of computer investigation and analysis techniques to determine potential legal evidence.
• Cyber Attack: Types of cyber attacks, including DoS and DDoS, phishing, SQL injection, and password attacks.
• Cyber: General concepts of cybercrime, cyber law, and specific cyber offenses.
• Network: Understanding network protocols, devices, and services.
• Cryptography: The science of securing communications through encryption techniques.
• Steganography: The practice of concealing information within other digital media.
• EnCase: Using Encase software for digital investigations.
• Encryption: The process of converting information into a coded format.
• Information Technology Act: Understanding the legal framework related to cyber offenses and electronic evidence in India.

Financial Information & Documents

• CAAT: Using Computer-Assisted Audit Techniques for data analysis and audit procedures.
• CAAT Sampling: Applying statistical sampling techniques in auditing with CAATs.
• Act: Understanding relevant legal and regulatory requirements.
• Analysis: Core data analysis concepts.
• Audit: Fundamental audit concepts and procedures.
• Balance Sheet: Understanding the structure and purpose of a balance sheet.
• Costs: Understanding the different types of costs relevant to financial investigations.
• Idea: Use of IDEA data analysis software in forensic accounting and auditing.
• FAIS Standards: The course will cover all of the FAIS standards.
  • FAIS 000: Core principles of forensic accounting.
  • FAIS 110: Determining the nature of an engagement.
  • FAIS 120: Fraud Risk Assessment.
  • FAIS 130: Legal frameworks in FAI engagements.
  • FAIS 140: Hypothesis formation and iteration.
  • FAIS 210: Objectives in forensic accounting engagements.
  • FAIS 220: Independence and objectivity.
  • FAIS 230: Engagement of an expert.
  • FAIS 240: Legal and regulatory compliance.
  • FAIS 250: Communication expectations and principles.
  • FAIS 310: Stakeholder engagement.
  • FAIS 320: Evidence in forensic accounting.
  • FAIS 330: Forensic accounting and investigation process.
  • FAIS 340: Interview conduct and environment.
  • FAIS 350: Supervision in engagements.
  • FAIS 360: Testimony and witness role.
  • FAIS 410: Data analysis planning and execution.
  • FAIS 420: E-discovery process.
  • FAIS 430: Financial irregularities and misconduct.
  • FAIS 510: Report components.
  • FAIS 610: Professional responsibilities and reporting.

This structure allows for a logical progression from foundational concepts to more specialised topics.