What is a Foundation Course?
A foundation course is the course that prepares you for an advanced certification. Foundation programs don’t usually award students an academic degree upon completion but guarantee a certain level of qualification that allows them to follow higher education.
Indiaforensic, a company that focuses on preventing financial crimes, offers these foundation courses through respected schools or organizations. For example, one of the companies connected to Indiaforensic, called Riskpro Learning, partners with Deccan Education Society Pune University to offer certification programs. These programs cover topics like Forensic Accounting and Audit Analytics, which are all about investigating financial wrongdoing.
Another example is Indiaforensic offering a foundation course in financial crimes through a company called Savitri Bai Phule Pune University Edutech Foundation (SEF). This company is connected to Pune University and is dedicated to education. So, Indiaforensic collaborates with SEF to provide a solid starting point for learning about financial crimes.
Foundation Course in Financial Crimes
The foundation course offered by Indiaforensic, along with different schools and universities, is like a starting point for people who want to become Certified Financial Crime Risk Analysts (CFCRAs). It’s the first step you take before you get certified. In this course, you learn the basics about financial crimes.
The CFCRA designation is considered the pinnacle of education in financial crimes, emphasizing advanced expertise and proficiency in detecting, preventing, and combating various forms of financial wrongdoing. To attain this prestigious certification, individuals must undergo rigorous training, starting with the foundation course.
The foundation course serves as the cornerstone of the CFCRA certification journey, providing participants with a comprehensive overview of key concepts, principles, and methodologies relevant to the field of financial crime risk analysis.
What is the syllabus for the foundation course?
The foundation course is designed to keep the graduate finance and accounting students in mind. The syllabus for the foundation course in forensic accounting answers some of the most popular queries of the students
- What is forensic accounting?
- What are the services offered by Forensic Accountants
- What is the scope of forensic accounting in India?
- What are the different types of fraud?
- Which is the most fraud-prone sector?
- What should the auditors do when they see fraud?
Through a combination of theoretical instruction, practical exercises, case studies, and interactive learning activites, students gain a deeper understanding of the intricacies involved in identifying, assessing, and mitigating financial risks.
Collaborations with reputed Universities
At the end of the foundation course, students should have a good grasp of the basics of analyzing financial crimes. They’ll be ready to move on to the next step in getting certified. Finishing the course shows they’re serious about getting better at their forensic accounting jobs. If you’ve finished the CA Foundation exam and are getting ready for the CA Intermediate exam, taking this course is a great idea.
Moreover, the collaboration between Indiaforensic and reputable academic institutions adds credibility and legitimacy to the certification program. It ensures that graduates receive recognized qualifications that are valued by employers and industry professionals alike.
Indiaforensic offers its courses on financial crimes through DES Pune University, Savitri Bai Phule Pune University Edutech Foundation (SEF). Stock Market Fraud courses are offered through the NSE Academy (which is a subsidiary of the National Stock Exchange of India). These partnerships also allow students to access resources, network with professionals, and receive additional support services from these institutions.
In addition to pursuing the courses offered by the Institute of Chartered Accountants of India (ICA), getting additional certification from reputed universities adds value to the profile of students pursuing the chartered accountancy course.
What are the benefits of a foundation course?
The foundation course in financial crimes has many benefits for students who are interested in this field. Firstly, it gives a thorough and balanced understanding of what forensic accounting is all about. This helps students figure out if they want to make a career in this field or not.
Riskpro Learning also offers scholarships for students looking to take up a career in fighting financial crimes.
This course can also change how students see forensic auditing jobs. This course makes them more interested and aware of the opportunities in this field. Basically, the foundation course helps students understand different concepts in forensic accounting.
On completion of this course, students have to write the intermediate and final level exams to become CFCRA.
Register online
If you want to join a course through school or college, you can sign up through their website. For example, if you’re interested in learning about financial crimes, you can visit the website of DegreePlus and pay for the course there.
Now, if you’re interested in a course about forensic accounting, which is about investigating financial crimes, you have another option. There’s a course offered by Riskpro, in partnership with the Deccan Education Society at Pune University. You can register for this course by going to their website and signing up there.
