1 Module 1: Accounting Concepts

• The accounting equation

• Balance sheet/ statement of financial position

• Income statement/ statement of financial performance/ statement of operations/ profit-and loss statement/ statement of changes in financial position

• Statement of cash flows

• Cash vs. accrual accounting

• Various accounting frameworks (GAAP, IFRS, etc.) and when they are used?

2 Module 2: Financial Statement Fraud

• What financial statement fraud is?

• Types of financial statement fraud schemes

• Financial statement analysis

3 Module 3: Asset Misappropriation: Cash Receipts

• What cash skimming is

• Types of cash skimming schemes

• Cash skimming schemes: Prevention and detection

• What cash larceny is

• Types of cash larceny schemes

• Cash larceny: Prevention and detection

4 Module 4: Asset Misappropriation: Fraudulent Disbursements

• Types of register disbursement schemes

• Register disbursement schemes: Prevention and detection

• Electronic payment tampering: Prevention and detection

• Types of billing schemes

• Billing schemes: Prevention and detection

• Types of payroll fraud schemes

• Payroll fraud schemes: Prevention and detection

• Types of expense reimbursement schemes

• Expense reimbursement schemes: Prevention and detection

5 Module 5: Asset Misappropriation: Inventory and Other Assets

• Misuse of inventory and other assets

• Types of inventory theft schemes

• Concealing inventory shrinkage

• Inventory schemes: Prevention and detection

1 Module 6: Corruption

• What is corruption?

• Types of corruption schemes

• Methods of making illegal payments

• Corruption schemes: Prevention and detection

2 Module 7: Theft of Data and Intellectual Property

• Corporate espionage vs. competitive intelligence

• Sources of competitive intelligence

• How information is lost or stolen

• Safeguarding proprietary information from insider and external threats

3 Module 8: Identity Theft

• Types and methods of identity theft

• How identity thieves steal information

• Identity theft schemes: Prevention and detection

4 Module 9: Financial Institution Fraud

• Types of financial institution fraud schemes

• Red flags of financial institution fraud

• Financial institution fraud: Prevention and detection

1 Module 10: Payment Fraud

• Types of payment fraud schemes

• Payment fraud schemes: Prevention and detection

2 Module 11: Insurance Fraud

• Types of insurance fraud schemes

• Red flags of insurance fraud

• Insurance fraud: Prevention and detection

3 Module 12: Health Care Fraud

• Types of health care fraud schemes

• Health care fraud: Prevention and detection

4 Module 13: Consumer Fraud

• Types of consumer fraud schemes (e.g., advance-fee schemes, elder fraud, pyramid schemes, Ponzi schemes)

• Red flags of consumer fraud

• Consumer fraud: Prevention and detection

5 Module 14: Cyber fraud

• Information security goals and control objectives

• Types of electronic social engineering schemes

• Types of malware

• Combatting insider threats

• Cyber fraud: Prevention and detection

• Responding to cybersecurity incidents

6 Module 15: Contract and Procurement Fraud

• Basic elements and phases of contracting

• Types of contract and procurement fraud schemes

• Red flags of contract and procurement fraud

• Contract and procurement fraud: Prevention and detection

1 Module 1: Overview of the Legal System

• Criminal, civil, and administrative actions for fraud

• Civil vs. common law systems

• Adversarial vs. inquisitorial processes

• Challenges in international cases

2 Module 2: The Law Related to Fraud

• Misrepresentation of material facts

• Breach of trust offenses

• Mail fraud and wire fraud

• False claims and documents

• Corruption and related international rules and standards

• Perjury

• Conspiracy

• Concealment of material facts/ obstruction

3 Module 3: Bankruptcy Fraud

• Governance and management in bankruptcy proceedings

• Types of bankruptcy filings

• Role of key parties in bankruptcies

• Types of bankruptcy fraud schemes

4 Module 4: Securities Fraud

• Securities laws and regulation

• International Organization of Securities Commissions (IOSCO) recommendations

• دور المنظمات ذاتية التنظيم The role of self-regulatory organizations

• Components of investment contracts

• Types of securities fraud schemes

1 Module 5: Money Laundering

• Money laundering stages

• Methods of laundering money

• Components of anti-money laundering programs

• Anti-money laundering regulations and guidance

2 Module 6: Tax Fraud

• Tax avoidance vs. tax evasion

• Common defenses to tax evasion

• Types of tax evasion schemes (e.g., income and wealth tax evasion, consumption tax schemes)

3 Module 7: Individual Rights During Examinations

• Employees’ duty to cooperate

• Employees’ contractual rights

• Whistleblower legal protections

• Employees’ rights in private actions vs. government actions

• Rules regarding searches and surveillance in the workplace

• Employees’ expectation of privacy

• Causes of action for violations of employee rights

• Data privacy and transfer laws

• Consequences for failure to preserve evidence

1 Module 8: The Criminal Justice System

• Corporate criminal liability

• International Covenant on Civil and Political Rights (ICCPR)

• Finders of fact in criminal cases

• Criminal proceedings, sentencing, and restitution

• Criminal discovery

• The burden of proof in criminal cases

• Prosecutorial discretion and bargaining agreements

• Corporate deferred prosecution agreements

• Appeals

2 Module 9: The Civil Justice System

• Beginning the civil action

• Civil discovery and discovery methods

• Preservation of evidence in civil litigation

• Securing assets before judgment

• Trial of a civil case

• The burden of proof in civil cases

• Counterclaims

• Alternative dispute resolution

• Civil remedies and recovering fraud losses

3 Module 10: Basic Principles of Evidence

• Direct vs. circumstantial evidence

• Admissibility of evidence

• Impeachment

• الامتيازات والحماية المتعلقة بتقديم الأدلة Evidentiary privileges and protections

• Direct testimony considerations

4 Module 11: Testifying

• Purpose of testifying expert witnesses

• Appointment of experts

• Qualifying to testify as an expert witness

• Cross-examination considerations and techniques

1 Module 1: Understanding Criminal Behavior

• The use of punishment vs. reinforcement to modify behavior

• Theory of differential association

• Social control theory and social learning theory

• Differential reinforcement theory

• Rational choice theory

• Routine activities theory

2 Module 2: White-Collar Crime

• Organizational opportunity for white-collar crime

• Factors that contribute to white-collar crime

• Effects of white-collar crime on individuals and society

• Prosecutions for white-collar criminals

• Organizational vs. occupational crime

• Factors that contribute to organizational crime

• Ways organizations rationalize questionable conduct

• Ways to control organizational crime

• Components of the fraud triangle

• Research and trends in occupational fraud

3 Module 3: Corporate Governance

• What corporate governance is

• The parties involved in corporate governance

• Establishing a corporate governance framework

• Principles of corporate governance

• Sources of corporate governance guidance

1 Module 4: Management’s Fraud-Related Responsibilities

• Definition of internal control

• COSO’s five components of internal control

• Management’s responsibility for the anti-fraud program

• Elements of an effective anti-fraud compliance program

2 Module 5: Auditors’ Fraud-Related Responsibilities

• External auditors’ fraud-related responsibilities

• External auditors’ reporting requirements

• Financial statement materiality

• Internal control findings

• Internal auditors’ fraud-related responsibilities

• Internal auditors’ reporting requirements

• Government auditors’ fraud-related responsibilities

• Government auditors’ reporting requirements

3 Module 6: Fraud Prevention Programs

• Increasing the perception of detection

• Employee anti-fraud education

• Reporting programs and whistleblower protection programs

• Reinforcing an enterprise-wide anti-fraud culture

• Response to and communication of fraud incidents

• Minimizing employee pressures to commit fraud

• Developing a formal anti-fraud policy

• Developing an ethics program

1 Module 7: Fraud Risk Assessment

• The role and objective of anti-fraud controls

• Types of anti-fraud controls

• Purpose and objectives of a fraud risk assessment

• Elements of an effective fraud risk assessment

• Types of fraud risks

• Steps in conducting a fraud risk assessment

• Ways to respond to residual risks

• Reporting the fraud risk assessment results

• The relationship between the fraud risk assessment and the internal/external audit functions

2 Module 8: Fraud Risk Management

• What risk management is

• Risk management frameworks

• Principles of fraud risk management

• Roles and responsibilities for fraud risk management

• Objectives of a fraud risk management program

• Defining risk appetite

• Fraud risk management program compliance and oversight

• Third-party fraud risk management

3 Module 9: Ethics for Fraud Examiners

• Purpose of a code of ethics

• Relationship between moral philosophy, ethics, and the law

• Implications of engaging in illegal or unethical conduct

• Identifying and avoiding conflicts of interest

• Integrity requirements

• Professional skepticism

• Giving opinions and drawing conclusions

• Dealing with privileged and confidential information

• Ensuring proper qualifications for engagements