Course Introduction

Diploma in Forensic Accounting

  • Course Outline
  • Curriculum
  • FAQ
  • Case Studies
  • Reviews

The Professional Diploma in Forensic Accounting by SIFS India is designed to provide students with an understanding of financial accounting principles and practices, as well as the methods and techniques used to detect and investigate financial fraud.

You will gain skills to identify hidden fraudulent financial activities within the legal framework and learn how to collaborate and communicate effectively within the investigative team. Learning to investigate financial fraud is an invaluable skill set for anyone involved in finance, auditing, or compliance.

The course provides a strong foundation in the financial fraud detection domain and covers topics like the difference between accounting and forensic accounting, forensic accountants role in litigation, types of fraud and investigation techniques, analyzing financial statements for fraud, types of evidence and their handling, types of digital fraud, digital evidence analysis, fraud risk management, the role of a financial risk manager, types of audit, forensic interviewing and interrogation, and the role of forensic accountants as expert witnesses in courtroom.

This course helps you master the intricacies of financial statement fraud, asset misuse, and corruption schemes, along with the legal and ethical considerations. Gain expertise to present your findings clearly and accurately, whether for your organization or for legal purposes.

Your expertise in protecting financial integrity and promoting transparency in the corporate world can take your career to new heights. You can work with law enforcement and government agencies, legal firms, insurance companies, accounting firms, banking and financial services providers, corporate entities, or training institutes.

  • Curriculum


    This module covers essential concepts of forensic accounting, the auditor's mindset, and the difference between conventional accounting and forensic accounting. It also explores the role forensic accountants play in litigation and dispute resolution, with a strong emphasis on ethical considerations and a code of conduct while practicing as a forensic accountant and for future careers in this field.


    In this module, you will gain an understanding of the nature of fraud, types of fraud, the significance of fraud risk assessment to identify vulnerabilities, and strategies to detect and prevent fraud to safeguard organizations’ reputations and assets. This module also covers techniques and processes for solving fraud cases, practical insights on how to deal with fraud incidents, and how to face and overcome fraud-related challenges in the real world.


    This module helps you gain an understanding of financial statement fraud, how to spot red flags and warning signs that can indicate potential financial statement fraud, and techniques to analyze financial statements and look for fraud indicators. You will also learn investigative techniques, especially to tackle financial statement fraud and challenges faced during statement analysis.


    This module explores the principles of CIA (completeness, accuracy, and integrity), various types of accounting evidence, the importance of meticulously collecting, preserving, and analyzing forensically sound evidence, and how to effectively handle the evidence following handling rules. Also, you will learn about the unique investigative approaches required for special investigations.


    This module introduces you to cyber crime and digital fraud, types of digital fraud, and the importance of digital forensic techniques to gather and analyze digital evidence within a legal framework. You will also gain an understanding of techniques to conduct cyber crime investigations and what preventive measures you can implement to protect digital assets against fraud.


    In this module, you will learn how to identify, manage, and prevent fraud risks. You will get an overview of fraud risk management, the risk management cycle, identifying potential risk areas, how to set up a risk management group, set achievable goals, and ways to implement a fraud risk management program. Also, you will learn about the role of a financial risk manager in identifying red flags and the need for continuous monitoring of fraudulent activities for risk mitigation.


    This module explores auditing and its types (internal and external audits) and advanced auditing methods (Tiger Team Test, Application of Bedford's Theorem, Use of Barium Test, Data Analysis for Fraud Investigation, Application of Inverse Logic, Use of Space-Time Dimension in Data Evaluation). These techniques will help you conduct effective forensic audits and spot fraud actions within organizations.


    In this module, you will learn about effective interview and interrogation techniques, the purpose of interviews, the characteristics of a successful interview process, the significance of proper planning and execution of interviews, the interview environment, and the importance of audio and video recording as interview tools. These skills will help you collect relevant information within a forensic context and ensure the reliability of the evidence.


    This module covers the role forensic accountants play during legal proceedings, their responsibilities as expert witnesses in court, the qualifications required, the admissibility of accounting evidence in legal cases, and different formats to present forensic reports. You will also learn methods to develop reports to provide expert testimony for effective courtroom presentations.

  • What steps should I follow to enroll in this professional course?

    To enroll, click on the “Register for Course” option available on the right side of the screen, followed by the provided instructions and payment procedure.

  • Can I pay directly to the bank account of SIFS India?

    Yes, you have the option to make a direct payment to the bank account of SIFS India; all you have to do is write an email to requesting the bank details. 

  • Which documents do I have to upload at the time of enrollment?

    Academic Qualification Documents, Professional Qualification Certificates, and National ID Proof or Passport Copy are required at the time of enrollment.  

  • What if I am unable to upload my documents?

    Kindly send your necessary documents with proof of payment to

  • How will I receive confirmation once I have completed the payment procedure?

    Admission Confirmation email will be sent with your portal credentials once the proof of payment and application form with all the necessary documents is received to

  • How do I login to the portal for my professional course?

    To login, visit the portal at the given link: and enter your login credentials, i.e., your username and password shared via email. 

  • What study material access will I have after logging into the portal?

    After logging into the portal, you will have access to reading material, reference eBooks, and e-research papers. 

  • Will I receive any assignments during my course duration?

    Yes, all your assignments, projects, case studies and practice tests will be assigned to you through your portal as per the level you will be enrolled in. 

  • What technical prerequisites are necessary for a professional course?

    You can easily access our professional course on mobile or tablet devices. We highly recommend that you use your desktop or laptop and a reliable internet connection for a better view.

  • Are there any prerequisites for this professional course?

    In case of any prerequisites provided by the resource person, we will provide the students with prior information on their WhatsApp group.

  • Are there any live lectures provided in this professional course?

    Yes, live lectures will be conducted through Zoom.

  • How will I receive the session joining link?

    Enrolled students will receive the session joining link via WhatsApp group.

  • What will be the duration of the lecture?

    The duration of each lecture will be one hour.

  • Will I get the recorded lectures?

    Yes, recorded lectures will be provided through your portal.

  • Will there be any exams after completing the professional course?

    Yes, there will be an online exam after completing the professional course.

  • Will I receive any certificates after completing the professional course?

    Yes, upon successful completion of the professional course, you will receive a certificate and marksheet, which can be a valuable addition to your resume and may enhance your career prospects in the field.

  • Where to contact in case of any queries or technical support?

    Write to us at, call: +91-1147074263, or WhatsApp: +91-7303913002.

Al Capone Case Study

Alphonse Capone was born in Brooklyn, New York, in 1899 to an immigrant family.

He was commonly called Al Capone or ‘Scarface’ and spent his childhood days in poor surroundings. He also got involved in ‘kid gangs’ at an early age.

His early years were full of scams and violence, and he even got arrested a few times.

In the 20th century, he turned out to be one of the most infamous gangsters and mob bosses of the Chicago mafia.

His history includes several cases of assaults, robberies, and murders, and his illegal businesses included brothels, distilleries, dog tracks, and nightclubs.

He ran his businesses brilliantly and accumulated huge piles of accounting books to keep track of his finances.

However, despite his sharp mind to hide his frauds, his downfall began when the Federal Bureau of Investigation (FBI) and the Internal Revenue Service (IRS) implemented the use of forensic accounting to uncover his fraud.

Due to a lack of evidence, it was becoming hard for government agencies to catch the gangster, despite several prohibition charges against him.

Also, anyone who tried to get involved in the gangster’s case was either silenced or had been paid off, thereby avoiding his apprehension.

However, by 1931, law enforcement agencies had proven tax evasion by Capone. Agent Frank J. Wilson investigated through limitless files and documents, followed witnesses, and traced bank deposits to gather the evidence needed for conviction.

Eddie O'Hare, who ran Capone’s racing tracks and acted as his attorney, helped Wilson secretly find the evidence and was later murdered.

It was a time-consuming investigation during which Wilson and his family received several death threats.

Also, the jury was shuffled at the last moment due to bribery issues.

Capone’s attorney tried to bargain for a plea deal, but Capone withdrew his guilty plea after a warning by the judge.

However, in October 1931, Capone was found guilty and sentenced to 11 years of imprisonment along with thousands in fines.

This case led to the creation of the phrase “Only an accountant could catch Al Capone”.

Note: This is only a glimpse of one of a few case studies that we might cover. All case studies are subject to change as per current trends and developments, except a few famous ones from the past.

Bibi Nasima Mohamed


This has been a very informative class. The lectures were really helpful and kind. I’ve enjoyed every bit of this course and I’ve gain so much information. Sincere thanks to everyone who lectured me and my colleagues. 

Chiaka Bollers


During the duration of my course, I was exposed to a lot of new topics. These topics gave me a better understanding of forensic accounting. I was able to grasp most of the concepts and as such my knowledge was increased. Overall my experience was very informative. 

Roshanie Baichoo


My experience with SIFS India was wonderful. The lecturers did a very well job in helping to enhance my skills and broaden my knowledge. I would like to thank you guys for teaching us.

Destiny Woodman


It has been a truly unforgettable experience. I learned a lot and I look forward to learning more.

Destiny Woodman


It has been a truly unique experience. I have learned a lot. The lecturers were extremely kind and patient. Looking forward to future learning experiences.



Dr. Ranjeet Singh

Dr. Ranjeet Singh

Managing Director

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