Financial Fraud Examiner Business & Administration Professionals
SaveWhat Does a Financial Fraud Examiner Do?
Financial fraud examiners undertake anti-fraud investigations including financial statement irregularities, securities fraud and market abuse detection. They manage fraud risk assessments and prepare forensic reports including the analysis and verification of evidence. Financial fraud examiners liaise with regulatory bodies.
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Forensic Intelligence
The procedures and methodology of gathering and analysing forensic intelligence and data for investigative purposes.
These are common skills for this role, based on a European framework. Requirements vary between jobs, including in the UK. Real-world experience matters more than ticking every box - use this as a guide, not a checklist.
Skills You Need to Become a Financial Fraud Examiner
Essential Skills
Essential Skills
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EssentialForensic Intelligence knowledge
The procedures and methodology of gathering and analysing forensic intelligence and data for investigative purposes.
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EssentialFinancial Statements knowledge
The set of financial records disclosing the financial position of a company at the end of a set period or of the accounting year. The financial statements consisting of five …
Recommended Books
1 book -
EssentialBanking Activities knowledge
The broad and continuously growing banking activities and financial products managed by banks ranging from personal banking, corporate banking, investment banking, private banking, up to insurance, foreign exchange trading, commodity …
No book recommendations available yet.
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EssentialFraud Detection knowledge
The techniques used to identify fraudulous activities.
Recommended Books
2 books -
EssentialConduct Financial Audits skill
Evaluate and monitor the financial health, the operations and financial movements expressed in the financial statements of the company. Revise the financial records to ensure stewardship and governability.
Course recommendations coming soon.
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EssentialInterpret Financial Statements skill
Read, understand, and interpret the key lines and indicators in financial statements. Extract the most important information from financial statements depending on the needs and integrate this information in the …
Course recommendations coming soon.
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EssentialInterpret Law skill
Interpret the law during the investigation of a case in order to know the correct procedures in handling the case, the specific status of the case and the parties involved, …
Course recommendations coming soon.
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EssentialLiaise With Managers skill
Liaise with managers of other departments ensuring effective service and communication, i.e. sales, planning, purchasing, trading, distribution and technical.
Course recommendations coming soon.
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EssentialPrepare Financial Auditing Reports skill
Compile information on audit findings of financial statements and financial management in order to prepare reports, point out improvement possibilities, and confirm governability.
Course recommendations coming soon.
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EssentialTrace Financial Transactions skill
Observe, track and analyse financial transactions made in companies or in banks. Determine the validity of the transaction and check for suspicious or high-risk transactions in order to avoid mismanagement.
Course recommendations coming soon.
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EssentialDetect Financial Crime skill
Examine, investigate, and notice possible financial crimes such as money laundering or tax evasion observable in financial reports and accounts of companies.
Course recommendations coming soon.
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EssentialIdentify Accounting Errors skill
Trace accounts, revise the accuracy of the records, and determine the faults in order to solve them.
Course recommendations coming soon.
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EssentialManage Corporate Bank Accounts skill
Have an overview of the bank accounts of the company, their different purposes, and manage them accordingly while keeping an eye on their balance, interest rates, and charges.
Course recommendations coming soon.
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EssentialPerform Forensic Accounting skill
Perform audits and evaluations of financial information, accounts, financial products, and stewardship of companies. Exert financial investigations with different emphasis such as insurance claims, fraud, and anti-money laundering.
Course recommendations coming soon.
Optional Skills (5 of 12 displayed)
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OptionalInternational Financial Reporting Standards knowledge
The set of accounting standards and rules aimed at companies listed in the stock exchange which are required to publish and disclose their financial statements.
Recommended Books
1 book -
OptionalCriminal Law knowledge
Th legal rules, constitutions and regulations applicable for the punishement of offenders.
No book recommendations available yet.
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OptionalFinancial Jurisdiction knowledge
Financial rules and procedures applicable to a certain location, whose regulatory bodies decide on its jurisdiction
Recommended Books
1 book -
OptionalFinancial Products knowledge
The different types of instruments that apply to the management of cash flow that are available on the market, such as shares, bonds, options or funds.
No book recommendations available yet.
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OptionalInternational Law knowledge
The binding rules and regulations in the relations between states and nations, and legal systems dealing with countries rather than private citizens.
No book recommendations available yet.
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OptionalNational Generally Accepted Accounting Principles knowledge
The accounting standard accepted in a region or country specifying the rules and procedures to disclose financial data.
No book recommendations available yet.
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OptionalPublic Offering knowledge
The elements comprised in public offerings of companies in the stock market such as determining the initial public offering (IPO), the type of security, and the timing to launch it …
No book recommendations available yet.
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OptionalTax Legislation knowledge
Tax legislation applicable to a specific area of specialisation, such as import tax, government tax, etc.
No book recommendations available yet.
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OptionalAnti-dumping Law knowledge
The policies and regulations that govern the activity of charging a lower price for goods in a foreign market than one charges for the same goods in a domestic market.
Recommended Books
2 books -
OptionalPrepare Financial Statements skill
Collect, entry, and prepare the set of financial records disclosing the financial position of a company at the end of a certain period or accounting year. The financial statements consisting …
Course recommendations coming soon.
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OptionalEnsure Compliance With Accounting Conventions skill
Exercise accounting management and abidance by generally accepted accounting conventions such as recording transactions at the current price, quantifying goods, separating personal accounts of managers from those of the company, …
Course recommendations coming soon.
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OptionalIdenfify If A Company Is A Going Concern skill
Analyse financial statements, financial information and the outlook of the company in order to determine the going concern of the company.
Course recommendations coming soon.