Fundamentals of Financial Investigation and Detection of Fraud and Embezzlement Course

Fundamentals of Financial Investigation and Detection of Fraud and Embezzlement Course


Banking Courses




    The importance of training courses is not only limited to professional life, as most of us think but training courses aim to transfer knowledge and practical experiences that enrich the skills of individuals and enhance their self-confidence, which contributes to the preparation of cadres which in turn contributes to the development and progress of institutions. Therefore, Strategic Vision Training Center aims to enhance the skills and experiences of individuals through the strongest training programs to keep pace with every development in the labor market.


  • Explain the meaning of the concepts of fraud and other financial crimes
  • Methods and methods of financial fraud and creative accounting
  • Implementing anti-fraud controls to reduce the possibility of fraud in management
  • Employing computer software tools to detect and report fraudulent financial operations
  • Application of professional accounting and statistical tools to analyze data
  • Assisting internal audit departments and senior management in verifying the validity of data and finding any suspicious patterns
  • Modern international best practices to deter fraud


Who should attend?

  • Financial accountants
  • Responsible for Anti-fraud
  • Internal Control Managers
  • Responsible for preparing financial reports
  • Regulatory Compliance and Governance Department
  • Commercial Managers
  • Capital management team

Course content:

  • The concept of both financial accounting and creative accounting
  • Creative accounting methods
  • Financial crime in institutions and its types
  • The organization's internal controls and why they are important
  • What is financial fraud?
  • Basics of Fraud
  • Who is cheating and why?
  • Fraud Triangle

The second day:  fraud schemes

  • Types of misappropriation of assets
  • Cash theft: skimming and theft
  • fraudulent payments
  • Theft of securities and other assets
  • Warning signs of asset embezzlement
  • Financial statement fraud schemes
    • fake revenue
    • Differences in time
    • Cancellation of liabilities and expenses
    • Inappropriate disclosures
    • Improper valuation of assets
    • Warning signs of fraud in the financial statements
    • Deterrence of fraud in the financial statements
  • Case study: Analyze and evaluate the cost of asset misappropriation and its impact on the financial performance of your organization

The third day: Fraud in the financial institution

  • Schemes of embezzlement
  • Credit fraud
  • Real Estate Fraud
  • Fraud with a new account
  • Fraud using bank transfers
  • Roller check fraud
  • Check fraud detection
  • Preventing and Investigating Check Fraud
  • Credit card fraud
  • Prevention and detection of credit card fraud
  • Working Group / Case Study

The fourth day: Internal control systems to prevent fraud

  • The basic components of the internal control system
  • Implement appropriate internal control
  • Control over assets (fixed and current)
  • Bribery schemes, bid-rigging schemes:
    • bribery
    • Illegal tips
    • Economic blackmail
    • Conflict of interest
  • Tools and techniques in identifying red flags of fraud
  • Practical session where the tools and techniques available to be put into practice will be discussed through practical examples

The fifth day:  Anti-fraud methods using computer mechanisms

  • Fraud prevention software
  • Develop a fraud prevention policy
  • Control procedures followed in your organization
  • Mechanisms of examination
    • Monitoring and reporting
    • detection and discovery
  • Obtaining evidence
  • Modern international best practices to deter fraud