Course Outcomes:

• Classification of the Corporate fraud schemes based on different schemes of financial statement fraud
• Understanding the red flags and green flags of the corporate fraud schemes - Early warning signals in the corporate sector helps to detect the frauds timely
• Actions to be taken by Corporate Internal audit & finance teams to prevent the corporate frauds
• Process of frauds examination and investigation, litigation support - Number of Investigation techniques are discussed
• Preparation of Forensic Audit Report along with Documentation requirements
• Leveraging the Digital tools used in investigating the frauds - the data analysis and data recovery tools used in any forensic investigation
• Understanding the ethical and legal environment and responsibilities of a forensic auditor
• Application of applicable Forensic Audit and investigation Standards and SOP for forensic audits