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Forensic Accounting and Fraud Control Workshop in Vilnius, Lithuania

Home / Forensic Accounting and Fraud Control Workshop in Vilnius, Lithuania

Program Overview

Forensic, fraud and financial litigation support continue to remain among the hottest practice areas, with expected growth over the next several years. Accounting scandals such as Enron and WorldCom have created an increasing demand for professionals to become skilled and trained in forensic accounting and for business to protect themselves from the proliferation of fraud and white collar crime. In today’s world saving your organizations hard earned revenue and maximizing your profits by protecting against fraud losses is a must! This highly beneficial forensic training workshop provides individuals and organizations with the knowledge and skills in forensic accounting & fraud auditing and organizations with the ability to detect and prevent fraud. It provides participants with the true forensic methods and applications on how to actually conduct examinations and investigations in this field.

Program Objectives

By the end of the course, participants will be able to:

  • Explain fraud and forensic accounting
  • Implement fraud controls to decrease the likelihood of fraud in the organization
  • Utilize Microsoft Office tools to find fraudulent transactions and report on them
  • Apply statistical and forensic accounting tools to analyze data
  • Assist internal audit and senior management in testing data and finding anomalies
  • Utilize Excel efficiently to identify suspicious information that needs further fraud investigation
  • Identify fraud and anomalies using Excel

Program Attendees

Public accountants, Internal auditors, Fraud examiners, Forensic accountants, Governmental accountants, attorneys, other accounting/auditing professionals and educators.

Target Competencies

  • Understand forensic accounting
  • Apply forensic auditing
  • Analyze financial data
  • Detect & Prevent fraud
  • Identify fraud, fraudsters, and Controlling fraud
  • Examine data in Excel
  • Utilize Excel for data analysis

Program Outline

Fraud and forensic accounting

  • Introduction to fraud & Fraud triangle
  • Fraudsters’ profile
  • Introduction to forensic accounting & fraud examination
  • Corporate governance, ethics & Code of conduct

Fraud schemes and controls

  • Financial statements & Corruption schemes
  • Asset misappropriation and Red flags
  • Fraud detection & response
  • Internal control methods 

Forensic analysis with MS Office

  • Importing, Analyzing, & Protecting data into Excel
  • Reporting data in Word & PowerPoint

High-Level data tests

  • Data profile
  • Periodic graph
  • Histogram
  • Utilizing Excel to prepare data profile

Utilizing Benford’s law to test numbers

  • Data sets that could be used
  • Effect of data size
  • Basic digit test
  • First & last two digits tests 
  • One digit a time
  • Chi-Square
  • Mean absolute deviation
  • Logarithmic basis
  • Second order test & Summation test
  • Number duplication test in Excel

Identifying fraud and anomalies using Excel

  • Largest growth test & Largest subsets test
  • Relative size factor test
  • SSS test & SS Different test
  • Subset number duplication
  • Calculating correlations
  • Time-Series analysis

Program Methodology

The course uses a blend of instructor's presentations, individual and group exercises and participants working on real life case studies and applying analytical MS Excel tools learned during the course. This workshop will provide a comprehensive coverage of forensic accounting — a growing area of practice in which the knowledge, skills and abilities of advanced accounting are combined with investigative expertise and applied to legal problems.  The workshop has been updated with new fraud schemes, numerous examples and stories, and many forensic techniques and tools. 

Registration Information

Program Dates: 20-24 January, 2018

Registration Closes on: 20 December, 2017


Program Fee: $4750

Fee Covers: Visa, Participant Assessments, Airport pickup, Accommodation with wifi & breakfast, Lunch & Refreshments, Workshop Kit, Practical Activities, Program Materials, International Certificate of Completion & Entertaining Tour


Register Online  


Online Payment via PayPal


Registration Assistance: trainings@risalatconsultants.com

risalattrainings@gmail.com or risalatconsultants@gmail.com

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