CBFA – Certified Bank Forensic Accounting

Certified Bank Forensic Accountant is one of the oldest professional courses offered by Indiaforensic Center of Studies. Additionally it helps the bankers and particularly the auditors to understand the changing dynamics of the banking world. Regulators’ responses have been changing with the growing non performing assets. This program is highly focussed on bank fraud investigation. In this post, you will get the complete overview of the CBFA course.

What is CBFA ?

CBFA stands for Certified Bank Forensic Accountant, which is a dedicated course on banking frauds. In the year 2006, when this course was designed it was meant to be the classification of the frauds in the banking sector. However, as the regulators started responding, they issued the material related to the classification of the traditional frauds. As the time evolved, this program was transformed to classroom training session. Nikhil Parulkar, CBFA is the instructor for this program.

His session addresses some of the frequently asked questions like ‘How long does a bank fraud investigation take?’, ‘How do we classify the bank frauds in India?’, ‘What is the bank fraud investigation process?’ etc.

CBFA Certification help the professionals to distinguish themselves from the crowd and it also adds the knowledge and value to the professional who is studying the subject of banking fraud examination, detection and investigation. In reality, there are few certifications which offer a good curriculum.

Banking fraud is a technical subject, which needs to be understood in the local parlance in addition to global challenges. Every country faces different financial crime challenges.

Financial Terms used in every country may also differ. In such scenario the professional gain the insights when he studies the local laws.

Certified Bank Forensic Accountant Program is one of the most popular programs in India. Moreover, this course is designed for the Indian bankers, fraud risk professionals and auditors. This program emphasize on the local laws and the local terminologies. In addition, it provides guidance on financial crime risks in emerging technologies like digital currencies, mobile payments etc.

Fees for CBFA

The fees for this course is Rs. 25000, which includes the fees of syllabus, study material, video learning material, class room instruction fees, examination fees and certification fees. This is all inclusive fee for the course.

Batches for the Course

The batches for this program are weekend batches. Weekend batches help the working professionals to join this program. We use Google Meets to conduct this course.