Forensic Analytics

Detect hidden errors and fraudulent transactions using data-driven forensic techniques. This course introduces analytical tools such as Benford’s Law, outlier analysis, round numbers analysis, growth spurt analysis, policy threshold analysis, and time-series analysis to uncover irregularities buried in large data sets. Learn how to import and structure data in Excel to support these procedures. Develop a systematic approach to identifying anomalies before they escalate into significant financial problems.
Format

PDF Course

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Duration

2 Hours

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Course Information

Author: Steven Bragg
Course Number: AU1033

Learning Objectives
  • Specify how data can be imported into Excel and scrubbed for analysis purposes.
  • Specify how Benford’s Law can be used to identify suspect transactions.
  • Identify the uses to which data analysis techniques can be put for forensic analysis.

Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Auditing
Prerequisites: A general understanding of Excel
Advance Preparation: None
Latest Review Date: August 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.