Certified Forensic Accounting Professional
Encyclopedia
Certified Forensic Accounting
Professional (CFAP) is a person who has undergone training to become an expert in the field of forensic accounting, forensic auditing, litigation support and investigative accounting.
Certified Forensic Accounting
Professional (CFAP)is a designation awarded by Indiaforensic Center of Studies and moderated by the Forensic Accounting Research Foundation. The Forensic Accounting Research Foundation is a member-based Indian organisation
dedicated to providing forensic accounting and forensic auditing education and training with presence in more than 7 countries including Nigeria, Oman, Qatar, UAE, Uganda and others
Indiaforensic Center of Studies offers three certifications viz.
In order to be Certified as a Forensic Accountant one must meet the following requirements:
and should possess at least three years of professional experience.
The graduates not having three years of experience may apply for the Forensic Accounting Entrance exam conducted by the Indiaforensic Center of Studies.
The exams are computer based and the self assessment test needs to be completed before the final examination needs to be completed.
Forensic accounting
Forensic accounting is the specialty practice area of accountancy that describes engagements that result from actual or anticipated disputes or litigation. "Forensic" means "suitable for use in a court of law", and it is to that standard and potential outcome that forensic accountants generally...
Professional (CFAP) is a person who has undergone training to become an expert in the field of forensic accounting, forensic auditing, litigation support and investigative accounting.
Certified Forensic Accounting
Forensic accounting
Forensic accounting is the specialty practice area of accountancy that describes engagements that result from actual or anticipated disputes or litigation. "Forensic" means "suitable for use in a court of law", and it is to that standard and potential outcome that forensic accountants generally...
Professional (CFAP)is a designation awarded by Indiaforensic Center of Studies and moderated by the Forensic Accounting Research Foundation. The Forensic Accounting Research Foundation is a member-based Indian organisation
Professional body
A professional association is usually a nonprofit organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.The roles of these professional associations have been variously defined: "A group of people in a...
dedicated to providing forensic accounting and forensic auditing education and training with presence in more than 7 countries including Nigeria, Oman, Qatar, UAE, Uganda and others
Indiaforensic Center of Studies offers three certifications viz.
- Certified Forensic AccountingForensic accountingForensic accounting is the specialty practice area of accountancy that describes engagements that result from actual or anticipated disputes or litigation. "Forensic" means "suitable for use in a court of law", and it is to that standard and potential outcome that forensic accountants generally...
Professional - Certified Anti-Moneylaundering Expert
- Certified Bank Forensic AccountingCertified Bank Forensic AccountingCertified Bank Forensic Accountant is a banker or a banking professional or a banking consultant who has undergone training to become an expert in the banking frauds domain, forensic auditing related to banking sector, litigation support and investigative accounting...
In order to be Certified as a Forensic Accountant one must meet the following requirements:
- Be at least a graduate from the Recognised UniversityUniversityA university is an institution of higher education and research, which grants academic degrees in a variety of subjects. A university is an organisation that provides both undergraduate education and postgraduate education...
- Have professional experience of at least three years
- Pass the CFAP examination conducted by Indiaforensic with at least 75% marks
- Be of high moral characterMoral characterMoral character or character is an evaluation of a particular individual's durable moral qualities. The concept of character can imply a variety of attributes including the existence or lack of virtues such as integrity, courage, fortitude, honesty, and loyalty, or of good behaviors or habits...
Academic requirements
Generally, applicants for CFAP certification have a minimum of a bachelor's degreeBachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...
and should possess at least three years of professional experience.
The graduates not having three years of experience may apply for the Forensic Accounting Entrance exam conducted by the Indiaforensic Center of Studies.
CPE requirements
All the professionals completing their Certification in Forensic Accounting are required to comply with the CPE provisions as Riskpro is a CPE sponsor. 20 CPE hours are mandatory for the Certified Forensic Accounting Professionals.Information Technology Specialisation
Post - Satyam, Indiaforensic Center of Studies have launched the certifications focusing the needs of the IT companies across the world. CFAP [IT] is one of the foremost efforts to address the industry specific frauds. Separate curriculum is designed for the program based on the frauds in Satyam and other IT companies. The subject on Satyam case study is contributed by some of the investigators who were involved in the Investigation and not in re-statement.Examination
Examinations offered by Indiaforensic and Moderated under the bylaws of Forensic Accounting Research Foundation consists of 200 multiple option questions and single paper on forensic accounting.The exams are computer based and the self assessment test needs to be completed before the final examination needs to be completed.