Certified Bank Forensic Accountants

Certified Bank Forensic Accountant (CBFA) is a banker or a banking professional or a banking consultant who has undergone training to become an expert in the banking frauds domain, forensic auditing related to banking sector, litigation support and investigative accounting. This program is one of the foremost certification focusing on the frauds in the banking and financial institutions domain.

Certified Bank Forensic Accountant (CBFA) is a designation awarded by Indiaforensic Center of Studies and moderated by the Forensic Accounting Research Foundation. The Forensic Accounting Research Foundation is a member-based Indian organisation dedicated to providing forensic accounting and forensic auditing education and training with presence in more than 7 countries including Nigeria, Oman, Qatar, UAE, Uganda and others.

Indiaforensic Center of Studies offers three certifications viz.

  • Certified Anti-Moneylaundering Expert
  • Certified Bank Forensic Accounting
  • Certified Forensic Accounting Professional

Overview of CBFA

This course was started when Forensic Accounting was in nascent stage and it was difficult to find and retain the forensic accounting professionals. Today, In India multinational banks are required to conduct the forensic audits of the distressed assets. Private sector banks have their own fraud control teams to manage credit card and other payment frauds and the need for the forensic accounting professionals in the banking sector is ever growing.
Bank Forensic Accounting is an endeavor to meet the growing demand of the forensic accountants in the banking sector. As a first step towards this initiative “Indiaforensic – Pioneers of forensic accounting education in India” has forayed into Bank Forensic Accounting. The primary reason for choosing banking sector is very simple. India have witnessed many frauds like Harshad Mehta, Ketan Parekh driven stock market frauds, CRB driven NBFC fraud and Home trade driven rogue trading fraud. In all of these major frauds banks were the ultimate victims.

Syllabus for CBFA

  1. Identify indicators of fraudulent activities
  2. Undertake forensic analysis and assessment of risk factors
  3. Predict/anticipate fraud
  4. Investigative methods
  5. Analysis of financial information
  6. Systems methodology for investigation
  7. Statistical techniques

Register online for CBFA

Please visit the website and register online for Certified Bank Forensic Accountants program offered. Click here