Certified Forensic Accountant (CFAt)

Core Modules

INTRODUCTION TO FORENSIC ACCOUNTING

1. Concept of Forensic Accounting
2. Objective of Forensic Accounting
3. Justification for Forensic Accounting
4. Forensic Accounting Skill Set
5. Forensic Accounting Engagements

FRAUD EXAMINATION/INVESTIGATION

1. Concept of Fraud Examination/Investigation
2. Anatomy of Fraud
3. Fraudulent Financial Reporting
4. Fraud Theories
5. Fraud Deterrence Cycle

FORENSIC ACCOUNTING OPERATIONS

1. Planning the Audit and formation of robust action plan
2. Forensic Accounting Techniques
3. Data Mining
4. Evidence Gathering

CREATIVE ACCOUNTING

1. Concepts in Creative Accounting
a. Creative Accounting
b. Window Dressing
c. Earnings Management
d. Aggressive Accounting
e. Accounts Manipulation
f. Profit Smoothing
g. Fraudulent Financial Statement
h. Fraudulent Financial Reporting
2. Implications of Creative Accounting
3. Ethical Issues in Creative Accounting
4. Curbing Creative Accounting

FORENSIC ACCOUNTING INVESTIGATIONS

1. Concept of Investigation
2. Types of Investigation
a. Interview
b. Interrogation
3. Techniques in Investigation
4. Forensic Investigation
5. Formation of Investigation Team
6. Forensic Investigation Evidence

EVIDENCE AND EVIDENCE HANDLING TECHNIQUES

1. Concept of Evidence
2. Forms of Evidence
3. Types of Evidence
4. Admissibility of Evidence
5. Evidence Collection Process
6. Evidence gathering procedure
7. Best Evidence Rule
8. Electronic Evidence Rule

FORENSIC REPORT WRITING AND TECHNIQUES

1. Reporting the outcome of investigation
2. Expert Report
3. Standards of Reporting
4. Rule of Guilt and Innocence
5. Contents of Forensic Report
6. Report Discovery
7. Attorney-Client Doctrine
8. Avoidable Mistakes in Report Writing
9. Guidelines to writing an Expert Report

INSTRUCTIONS AND EXEMPTIONS

1. Candidates must be AFAR members in good financial standing before applying for any of the AFAR Certifications;
2. Holders of any of the following Certifications are exempted from taking all Modules except Modules on Forensic Audit, Creative Accounting and Forensic Research:
a. ICAN- CFA/CFAN
a. ANAN- CrFA
b. ACFE- CFE
c. AICPA- CFF
d. CPA- CFF
e. ACFEI- CFR
f. ICFA- CPFA
g. ACAMS- CAMS (Exempted in modules in Certified Forensic Anti-Money Laundering Investigator (CFAMI))
3. All other Candidates apart from those mentioned in “1” above are to take all Compulsory Modules and relevant Elective Modules;
4. Candidates with Accounting background are exempted from the Module on Financial Accounting;
5. Candidates with Information Technology/Computer Studies related background are exempted from the Module on Information and Communication Technology;
6. To be eligible for exemption in any of the Compulsory or Elective Modules, candidates must present evidence to support their claims for assessment before such would be granted;
7. Candidates are to sit and pass their Computer Based Texts(CBT) of 100 questions per module at 75% pass rate before awarded the Certificate;
8. Candidates are at liberty to sit for any of the modules within a certification in no particular order at anytime, but candidate must sit for all modules in that certification within 20 days.
8. AFAR Members may obtain AFAR Forensic Practicing License but must have sit and pass at least two of the seven AFAR Certifications with not less than 3 years’ relevant practice experience and on fulfilling other AFAR Forensic Practice License requirements.

List of Recommended Books for AFAR Certifications
  • Oyedokun, G. E. (2017). Compendium of writings in forensic accounting & fraud examination. Lagos, Nigeria. ASCO Publishers. ISBN: 978-978-55513-7-2
  • Oyedokun, G. E. (2017). Practical approach to information & communication technology. Lagos, Nigeria ASCO Publishers. ISBN: 978-978-56462-6-9
  • Oyedokun, G. E. (2018). Fundamentals of forensic accounting & fraud Investigation. Lagos, Nigeria. Aaron & Hur Publishing. ISBN: 978-978-56462-6-9
  • Oyedokun, G. E. (2018). Ethical justification for creative accounting: Fraud & forensic Accountants’ perspectives. Lagos, Nigeria. Aaron & Hur Publishing. ISBN: 978-978-56462-9-2
  • Fowokan, T. E. & Oyedokun, G. E. (2019). International taxation in Nigeria. Lagos, Nigeria. Aaron & Hur Publishing
  • Oyedokun, G. E. (2019). Imperatives of tax audit & investigation. Lagos, Nigeria. Aaron & Hur Publishing. ISBN: 978-978-56481-2-6
  • Oyedokun, G. E. (2019). Compendium of writings in Accounting & Taxation. Lagos, Nigeria. Aaron & Hur Publishing.
  • Oyedokun, G. E. (2019). Business policy, strategy & ethics. Lagos, Nigeria. Aaron & Hur Publishing. ISBN: 978-978-56481-1-9
  • Oyedokun, G. E. (2019). Research methods for management Scientists. Lagos, Nigeria. Aaron & Hur Publishing. ISBN: 978-978-56481-3-3
  • Mainoma, M. A. & Oyedokun, G. E (2019). Forensic Accounting Research Developments (Eds). Lagos, Nigeria. Aaron & Hur Publishing
  • Journal of Forensic Accounting & Fraud Investigation, A publication of Association of Forensic Accounting Researchers (AFAR)

All books are available at
Association of Forensic Accounting Researchers (AFAR)
10, Abiodun Sobanjo Street, Off Bayo Ajayi Street,
Off Hakeem Balogun Street, Alausa
Agdingbi, Ikeja, Lagos. Nigeria
+2348132445878, +2348095491026, +2348118051923
info@afars.org; www.afars.org