The Certified Stock Market Forensic Accountant (CSMFA) is the specialization of Forensic Accounting certifications developed by Riskpro.
Typically, the Certified Stock Market Forensic Accountant is an arbitrator, investor, broker, trader, regulator or merchant banker, or any investment professional or Information Technology consultant who has undergone training to become an expert in the stock market frauds domain, forensic auditing related to a financial and capital market sector, litigation support and investigative accounting.
Background of CSMFA
CSMFA uses its expertise in accounting, finance, and the stock market to analyze financial records and transactions. They look for any evidence of wrongdoing. This involves examining trading records, financial statements, and other financial documents to identify any inconsistencies or unusual activity that could indicate fraud. The goal of a certified stock market forensic accountant is to help ensure the integrity of the financial markets by detecting and preventing fraudulent activity.
This certification program is one of the foremost certifications focusing on the capital market fraud domain. It is a short-term online course on the financial market.
Certified Stock Market Frauds Professional
Certified Forensic Accounting Professional is a designation designed and marketed by the Indiaforensic Center of Studies. They are same as Brokerage Fraud accountants. Stock Market Fraud is the third specialization under the Certified Forensic Accounting Professional course after the Information Technology and Insurance specialization.
This is a useful certification for professionals looking to understand the gamut of stock market fraud in the financial sector. There are many stock market courses that deal with fundamental analysis, technical analysis, options trading, etc. However, this course is not a stock trading course. This is a completely analytical course that focus only on fraud, money laundering, and investigations.
Syllabus for Stock Market Certification
The syllabus of CSMFA is designed for those who work in Stock Exchanges. The whole syllabus is based on equity research which classifies stock market frauds. However, the Stock market fraud classification covers frauds in the primary markets ex: Prospectus frauds, IPO frauds. Also in secondary market frauds like Dabba Trading and synchronized trading. Additionally, the CSMFA syllabus covers the following topics.
- Classification of Stock market frauds
- Global case studies on the stock market frauds
- Insider trading and laws
- IPO Scams
- Frauds by the promoters
Some of the techniques of stock market fraud are scalping, parking, or churning which are discussed here in this study material. This material also discusses the Mauritius treaty and its impact on the stock markets. Further, it has covered the basics of laundering in stock markets.
Who Should Do Stock Market Certification?
The course is suitable for individuals who are interested in pursuing a career in forensic accounting, and who have a strong background in technical analysis, trading strategies, and compliance.
It would also be appropriate for financial market professionals and portfolio managers and financial analysis certificate holders. In general, anyone who is interested in learning about the stock market certification course benefits from this course.
Download the Application form for the Certified Stock Market Forensic Accountant (CSMFA). After making the payment online, kindly send the completed application form to the office of Indiaforensic.
The list above is just illustrative and there are 8 chapters that discuss stock market fraud in depth. For more information on this certification program please contact us at +91-9766594401 or write to us at email@example.com