Vigilance is no more a punitive function, it is evolving and so are we. Certified Vigilance and Investigation Expert is one of the leading certification courses offered by Riskpro. One of the core functions of vigilance is to have fraud control which contributes significantly to the growth of the business.
Many organizations have gone ahead and have started separate functions to control fraud. The change is towards preventive and proactive vigilance. In order to prevent fraud it is essential that companies understand the warning signals of fraud. Research conducted by Indiaforensic in the year 2008 is an exhaustive composition of all such warning signals or the red flags in the corporate environment to commit fraud.
In order to prevent fraud it is essential that companies understand the warning signals of fraud. Research conducted by Indiaforensic in the year 2008 is an exhaustive composition of all such warning signals or the red flags in the corporate environment to commit fraud. This research is the core competency of the Certified Vigilance and Investigation Expert program, which is a composite program for vigilance officers across the country.
The certified Vigilance and Investigation Expert program is divided into three aspects
- Corporate frauds
- Bank Frauds
- Anti-Money Laundering
The Certification in Bank Forensic Accounting builds on the skills acquired in the Graduate certificate by introducing a global/international focus and specialized areas including banking, police, transnational fraud, financial terrorism, and eCommerce.
On completion of the course, participants will gain the skills to:
- Identify indicators of fraudulent activities
- Undertake forensic analysis and assessment of risk factors
- Predict/anticipate fraud
- Analytical skills will involve:
- Investigative methods
- Analysis of financial information
- Systems methodology for the investigation
- Statistical techniques
Eligibility for Certified Vigilance and Investigation Expert
Vigilance officers can be certified by only taking the examination. Any member who fulfills the following criterion is eligible for the certification
- Is a graduate of a recognized university in India
- Has completed two years in the vigilance or audit or fraud control or forensics
- Any person meeting this criterion can give the examination of CVIE.
There is no honorary certification or waiver of the examination for the vigilance officers. However, we salute the recognition of the Central Vigilance officers.
Exemption for CVO
Reaching the position of Chief Vigilance officer is an achievement in itself. Chief Vigilance officers whose names appear on the websites of the organizations / PSUs/ Banks are eligible for the waiver of the examination. The members who are working in the public/private sector or wish to make their career in the vigilance or investigation sector can apply for the certification.
Please provide the following documents along with the application form
- Self-attested Application form duly filled up
- Copies of Graduation certificates
- Experience letter from the supervisor/ colleague
- Please affix a photograph to the application form
- Examination Application form for Certified Vigilance and Investigation Expert FORM.
If you do not meet the above criterion but are curious to take up the examination please write to us at contactus@riskpro.co.in with your specific questions, comments, and feedback.
Syllabus for Certified Vigilance and Investigation Expert
Certification in Vigilance and Investigation emphasizes a forensic rather than a control-based or risk management approach to the analysis of governance and the possibility of fraud. This program also helps the Vigilance officers in preventive vigilance. The scope and content of all subjects extend well beyond ‘narrow’ focus of fraud prevention and provide an opportunity to study and acquire skills in investigative techniques and the collection of data as well as the skills necessary to not only identify poor management but also unethical and fraudulent activities.
This is probably the first certification in vigilance and investigation in India and covers the following chapters primarily.
- Frauds in Advance or the traditional frauds in India
- Technology related frauds in India
- Money Laundering techniques
- Frauds-related Negotiable instruments
- Legal provisions that deal with the frauds in India
- Tools to investigate the frauds
- Drafting the fraud policies
- Case studies on the bank frauds
- Research on Early warning signals of corporate frauds
The above syllabus is updated frequently based on the new trends and developments in the banking industry and banking frauds. The specially designed 600 + pages banking frauds manual is provided to the participants who register for the Certification in forensic accounting.
Program Fees
Fees for this program are Rs.35000 for the Vigilance officers in India or US$ 575. This includes the cost of the certificate, study material, access to the resource website, and the examination password.
