A Certified Bank Forensic Accountant (CBFA) is a banker, bank auditor, professional, or consultant who has undergone training to become an expert in the domain of forensic accounting in the banking sector. Certified Professionals are also experts in the subjects like forensic auditing related to the banking sector, litigation support, and investigative accounting.
This program is one of the foremost certifications offered by Riskpro Learning and focuses on fraud in banking and financial institutions.
In the wake of the growing banking frauds and the media coverage of the frauds in Punjab National Bank, CBFA is becoming important certification. Public Sector banks in India were found to be under significant stress of bad loans.
Started in 2006, this was one of the first offerings from Riskpro Learning. Reserve Bank of India regularly issues guidance on how to report fraud. These RBI master circulars don't form part of the study material or the syllabus but the bankers need to understand them in order to report the incidences.
Certified Bank Forensic Accountant
CBFA is a designation awarded by Riskpro Learning and moderated by the Forensic Accounting Research Foundation. The Forensic Accounting Research Foundation is a member-based Indian organization dedicated to providing forensic accounting and forensic auditing education and training with a presence in more than 7 countries including Nigeria, Oman, Qatar, UAE, Uganda, and others.
Indiaforensic Center of Studies offers three certifications viz.
- Certified Anti-Money Laundering Expert
- Certified Bank Forensic Accounting
- Certified Forensic Accounting Professional
Syllabus for CBFA
The syllabus of CBFA is exhaustive and covers a wide number of practical case studies on bank frauds.
- Identify indicators of fraudulent activities
- Undertake forensic analysis and assessment of risk factors
- Predict/anticipate fraud
- Investigative methods
- Analysis of financial information
- Systems methodology for the investigation
- Statistical techniques
With the advent of technology, types of bank fraud have evolved. We created video learning programs to adopt the changes in the nature of fraud. These training programs cover new areas such as credit card fraud, and wire transfer fraud.
If you are interested in registering for the Certified Bank Forensic Accounting program then please call us on 9766594401 or write to us on [email protected]