Forensic Accounting & Analysis helps to detect and prevent fraud through detailed financial scrutiny, support legal and regulatory compliance in investigations and litigation, identify financial misstatements and irregularities etc. The course will cover the follwoing-

• Introduction – Definition, scope, objectives
• Understanding Financial Statements – Balance sheet, income statement, cash flow, notes
• Financial Statement Manipulation – Common schemes and techniques
• Red Flags & Warning Signs – Indicators of fraud or irregularities
• Financial Ratio Analysis – Liquidity, profitability, leverage, efficiency, trend analysis
• Benford’s Law in Practice – Detecting anomalies in financial data
• Real-World Case Studies – Corporate fraud examples and lessons
• Tools & Techniques – Data analytics, spreadsheets, forensic tools
• Reporting & Documentation – Forensic reports, evidence preservation

Thus, detecting discrepancies between reported income/assets and actual cash flows, overstatement of revenue or understatement of liabilities to mislead lenders/investors/regulators is of immense importance.