1

IFS-GFSUCertification#11001FraudExaminationProfessionalTheFraudExaminationProfessional(FEP)certificationfromInstituteofForensicScience,GujaratForensicSciencesUniversity(IFS-GFSU)providesspecialistlevelexpertiseinFraudriskassessment,detectionandinvestigation.

DATESFOREXAMSThe exam for the IFS-GFSU Certification#11001 Fraud Examination Professionalmaybetakenonlineatanytime.SUMMARYOFEXAMINFORMATIONExamDuration:3hoursPassingMarks:70%CertificationFees:Rs5,700forstudentsCertificationFees:Rs11,200forothersRe-examFee:Rs1,200ABOUTIFS-GFSUThis certification is provided by Institute ofForensic Science, Gujarat Forensic SciencesUniversity (IFS-GFSU). The Government ofGujarat, under the flagship of the HomeDepartment of the Government of Gujarat,has established GFSU. GFSU is the onlyuniversity across the world, dedicated toForensic&InvestigativeScience.ABOUTTHISDOCUMENTThisdocument is issued inpursuanceof theIFS-GFSUCertificationPolicy.This document is issued as a guide tocandidates pursuing an IFS-GFSUcertification. IFS-GFSU does not make anyrepresentationsorwarrantiesthattheuseofthis document will assure candidates ofpassinganyIFS-GFSUcertification.©2018InstituteofForensicScience,GujaratForensic Sciences University. All rightsreserved.GujaratForensicSciencesUniversitySector9,Gandhinagar-382007,Gujarat-India

2

QuickGuidetoEarningyourIFS-GFSUcertification

1 Applyforthecertification.

2 PreparefortheexambystudyingthereferencematerialcomprisingtheIFS-GFSUCommonBodyofKnowledgeforFraudExamination(CBOKFE).

3 Appearforthecertificationexamandobtain70%ineachsection.

4 Earnyourcertification.EarntherighttouseFEP.

ApplyforExam PrepareforExam

Passtheexam

Earnthecertification

3

TableofContents

A.BenefitsofIFS-GFSUCertifications......................................................................................4A1.Benefitstoindividuals.........................................................................................................................................4A2.Benefitstoorganizations...................................................................................................................................5

B.AbouttheCertification.............................................................................................................6B1.AboutFraud&CorruptionControl................................................................................................................6B2.Requiredcompetence..........................................................................................................................................7B3.Abilities......................................................................................................................................................................8B4.Prerequisites............................................................................................................................................................8B5.CodeofProfessionalEthics...............................................................................................................................8B6.Criteriaforcertification......................................................................................................................................8B7.Groundsforsuspendingandwithdrawingcertification......................................................................8B8.ExamOverview.......................................................................................................................................................9B9.Developmentoftheexam..................................................................................................................................9B10.SubjectMatterExperts.....................................................................................................................................9B11.Typeofquestions.............................................................................................................................................12B12.PreparationfortheExam.............................................................................................................................12B13.CommonBodyofKnowledgeforFraudExamination(CBOKFE)...............................................12B14.Fees........................................................................................................................................................................12B15.ExamDuration..................................................................................................................................................12B16.PassingScore.....................................................................................................................................................13B17.Dates......................................................................................................................................................................13B18.OverviewofExaminationSyllabus...........................................................................................................13B19.DetailedExaminationSyllabus..................................................................................................................13

C.AboutGFSU................................................................................................................................15D.ApplicationProcess...............................................................................................................16

4

A.BenefitsofIFS-GFSUCertifications

A1.Benefitstoindividuals

ü Achieveahigherposition,raise,andpromotionfaster1

ü Becomemoreemployable2

ü Affirmyourprofessionalexpertise3

ü Increasejobsecurity

ü Demonstratethatyoupossess

essentialdomainknowledge

ü Advanceyourcareerpotentialduetorecognitionasacertifiedprofessional

ü Recognitionofprofessional

competencebyprofessionalpeersandmanagement

ü Increaseyourvalueandincome

ü Validateyourknowledge

ü Differentiateyourselffromyour

peers

ü Boostyourconfidence

ü Personalsatisfactionofaccomplishingamilestoneinyourcareer

ü Standoutagainstotherapplicantsin

atoughjobmarket.

1Salary surveys show that the majority of hiringmanagers consider certifications a factor in hiringdecisions, and that obtaining relevant certificationsoftenleadstoasalaryincrease.2According to an IDC white paper, "63% of hiringmanagers believe certified individuals are moreproductivethantheirnon-certifiedcounterparts."3Your employer, clients, employees and peers willrecognizeyourGFSUcredentialasanindicationoftheskills and knowledge you’ve gained throughcertification.

ü Getpreparedforgreateron-the-jobresponsibilities

ü Potentiallyearnhigherincomefor

beingformallyrecognizedasacertifiedprofessional

ü DemonstrateYourCommitment

ü Buildandenhanceyourcredibility

ü Build&ShowcaseYourSkills

ü Becomemoremarketablewhenyou

competefortoppositions

ü Raiseyourprestigeamongyourstaffandyourpeers

ü Improveoverallperformanceand

widenmarketopportunities

ü Becomepartofaprofessionalnetwork

ü Enjoybettercareerflexibility

ü Berecognizedasbeing

knowledgeableandskilled

ü Openthedoorsofopportunity;enhanceyourcareer

5

A2.Benefitstoorganizations

ü Benchmark

With GFSU certifications, your organization will have a benchmark to compensate,measure and evaluate employees’ skills for roles within the organization. GFSUcertifications also provide a recognized benchmark of skills that can be aligned toorganisationalskillsframeworks.

ü Staffmotivation

The regular assessment process will improve staff responsibility, commitment andmotivationandensurecompetentemployees.

ü IncreasedProductivity

GFSU certified professionals are typically more productive and work to consistentstandards.

ü Assurance

GFSUcertifications assure that the certifiedprofessionalhas theknowledgeand skillsneededtoperformtheallottedtasks.

ü Performance-relatedpayGainingGFSUcertificationscanbealignedtoperformance-relatedpay.

ü CustomersatisfactionGFSU certifications can ensure greater customer satisfaction (internal and externalcustomers).

ü EmployeesatisfactionGFSU certifications provide professional development, advancement and recognitionopportunitiesforstaff.Thiscanalsoleadtolowerstaffturnover.

ü Higherquality

GFSUcertificationsleadtomorereliable,higherqualityresultsproducedwithincreasedefficiencyandconsistencybyprofessionalswhouseindustrystandardtechniques.

ü Cultureoflearning

GFSU certifications empower a culture of learning and improvement that increasesreturnoninvestment.

ü Increasedcredibility

GFSU certifications demonstrate to customers, competitors, suppliers, staff andinvestorsthatyouuseindustry-standardpractices.

ü Stakeholdersatisfaction

GFSU certifications demonstrate to your stakeholders that your business is runeffectively.

6

B.AbouttheCertification

B1.AboutFraud&CorruptionControl

OneoftheearliestrecordedinstancesofcorporatefraudwasthefailureoftheMediciBankin1494. The bank went insolvent due to excessive spending and extravagant lifestyle of theowners,andfailuretocontrolthemanagers.More than 500 years later, the instances of corporate fraud continue.Whether it is Enron orSatyam,themoneyinvolvedincorporatefraudsisenormous.

-InMay2012,ReebokIndialodgedapolicecomplaintagainstitsformermanaging director and ex-chief operating officer, accusing them ofsetting up secret warehouses, tampering with accounts and creatingfictitioussalescostingthecompanynearly$233million.- InFebruary2013, theMumbaipolicearrestedacallcentreemployeeinconnectionwiththeRs1croree-fraudcase.- InMarch2013,personnelofaDelhi-basedITmanagement firmwerebooked fordefraudingahotelmanagementcompanyofRs2.9crore inthenameofhotelmanagementemployees'providentfund(PF).- InMay2013, theCyberabadpolicearresteda formerBankemployeeforsiphoningoffRs32lakhfromaCanadiannational'sbankaccountinafraudulentmanner.- Retail fraud accounts for Rs 9,000 crore annual losses in India,according to a recent Economic Times report. Fraud and theft bycustomersandemployeeshavebeenlistedasthekeychallengesfortheIndianretailsectorbyanIndianExpressReport.

Arecentcorporatefraudsurvey4inIndiahasthrownupsomeinterestingfacts:

• Nearly84%oftherespondentssaidthattheircompanieshavebeensubjectedtofraudduringthepreviousyear.

• Evenintoday’sfraudenvironment6%oftherespondentssaidthattheircompanyhadnot implemented any anti-fraud measures nor had any plans to. Almost 20% ofrespondents said thatwhile they had not implemented any anti-fraudmeasures, theyplannedtodosowithinthenext12months.

• Nearly 40% of the respondents indicated that junior employees of their own

organizationswerethelargestinternalculpritsbehindthefrauds.

4GlobalFraud&RiskReport2017/18,Kroll.

7

AccordingtoIndianStandardIS15900:2010(GuidanceonFraudandCorruptionControlbyanOrganization):Theawarenessof risksandconsequencesof fraudandcorruptionhasbeen increasingacrossthe organizations in recent years. Reports by various audit and accounts institutions andcommittees have all highlighted the impact that fraud and corruption can have on theproductivity, image and efficiency of an organization and on all aspects of organizationaladministration.Briberyandcorruptionofallkinds:

• underminestrust,• inhibitssocialandeconomicdevelopmentand• underminesfaircompetition.

Thereareseveralreasonswhytheeliminationofcorruptionisbecomingahighprioritywithinthebusinesscommunityaswell.Confidenceandtrustinbusinessamonginvestors,customers,employees,andthepublicgenerallyhasbeenerodedbyawaveofbusinessethicsscandals inrecentyears.Further, severalhighprofilecasesofbriberyarecurrentlybeing investigatedorprosecuted.Examplesofcommonfraudcouldinclude:

1. InformationTheft,Loss,orAttack2. TheftofPhysicalAssetsorStock3. ManagementConflictofInterest4. InternalFinancialFraud5. CorruptionandBribery6. MisappropriationofCompanyFunds7. Vendor,Supplier,or8. ProcurementFraud9. RegulatoryorComplianceBreach10. IPTheft,Piracy,orCounterfeiting11. MarketCollusion12. MoneyLaundering

There could be varied reasons for the increasing number of frauds which would depend onvarying factors including typeandnatureofactivitiesof theorganization; its functioning;useandrelianceontechnology;rapidandcontinuouschangestobusinessoperationsetc.,withoutappropriatesafeguards.

B2.Requiredcompetence

Toearnthiscertification,candidatesmusttakethecertificationexamandobtainaminimumof70%marks.

Organizationsarelearningthehardwayastohowtheycanlegallyandsociallybeheld responsible for the deeds andmisdeedsof theirstaffdue to ineffectiveornon-existingcontrolsforcheckingtheactivitiesoftheirstaff.

8

B3.Abilities

Candidate’svision,hearing,mobilityandotherabilitiesmustbesuchthatwouldpermithimtoworkefficientlyinfraudexaminationinanorganizationalenvironment.

B4.Prerequisites

ThecandidatemustbeagraduateinanystreamfromarecognizedUniversity.Thiscriterioncanberelaxedincasethecandidatehasaminimumof3yearsofworkexperienceinarelevantfield.

B5.CodeofProfessionalEthics

AllIFS-GFSUcertifiedprofessionalsshould:

1. Encourageimplementationofmeasuresforcontrolofcorporatecrime.2. Performdutiestothebestoftheirknowledge,skillsandcapabilities.3. Maintainhighstandardsofmoralcharacter.4. Preserve the privacy and confidentiality of information obtained in the course of

professionalassignments,subjecttoregulatoryrequirements.5. Ensurecompliancewithregulatoryandlegalframework.

Failure to comply with this Code of Professional Ethics may result in suspension andsubsequentwithdrawalofcertification.

B6.Criteriaforcertification

1. Demonstrating mastery of IFS-GFSU Common Body of Knowledge for FraudExaminationbysuccessfullytakingthecertificationexamwithascoreofatleast70%.

2. Being a graduate in any stream from a recognized University. Students pursuinggraduationmayappearforthecertificationexamandonsuccessfullypassingtheexamwill be issued aprovisional certificate. Such applicantswill be certified on submittingproofofgraduation.

3. AcceptingtheIFS-GFSUCodeofProfessionalEthics.

B7.Groundsforsuspendingandwithdrawingcertification

The Certification Management Committee, Institute of Forensic Science, Gujarat ForensicSciences University (IFS-GFSU) may suspend and withdraw a certification for any of thefollowingreasons:

1. ViolationofthetermsofanyundertakingmadetoIFS-GFSU.2. ViolatinganyprovisionoftheIFS-GFSUCodeofProfessionalEthics.3. ProvidinganyfalseinformationtoIFS-GFSU.

9

B8.ExamOverview

The Fraud Examination Professional (FEP) certification from Institute of Forensic Science,GujaratForensicSciencesUniversity(IFS-GFSU)provesspecialist levelexpertise inFraudriskassessment,detectionandinvestigation.

B9.Developmentoftheexam

The CertificationManagement Committee of IFS-GFSU is responsible for operational policiesand procedures, implementation of the policies and procedures, resources for certificationactivities (personnel, outsourcing, premises, including examination sites, equipment andresources for carrying out certification activities), assessment activities, decisions oncertification,includingthegranting,maintaining,recertifying,expanding,reducing,suspendingorwithdrawing of the certification, contractual arrangements. The CertificationDevelopmentCommittee of IFS-GFSU is responsible for development and maintenance of the certificationschemes.SubjectMatterExpertscomeundertheCertificationDevelopmentCommittee.

B10.SubjectMatterExperts

SubjectMatter Experts for certification programs conducted by Institute of Forensic Science,GujaratForensicSciencesUniversityadviseinthedevelopmentandreviewofthecertificationscheme5. The Subject Matter Experts for IFS-GFSU Certification #11001 Fraud ExaminationProfessionalare(inalphabeticalorder):AmarnathGupta,AssistantGeneralManager(Vigilance),JindalSteelandPower

Hisexpertiseextends toVigilance&FraudRisk - Identification,Prevention&Detection;FraudInvestigations&TrainingsonFraudAwareness;RegulatoryCompliance.

GauravAjmani,SeniorManager(Investigations),MicrosoftCorporation

GauravAjmaniisaSeniorFraudInvestigationsManagerwithMicrosoft’sFinancialIntegrityUnit(FIU)basedoutofNewDelhi, India.Hehas conducted financial fraud investigations in theUS,Europe and many countries across Asia and evangelizes fraud prevention and processimprovementsthroughoutMicrosoftandaroundtheworld.GauravisaCertifiedFraudExaminer(CFE), Controls andComplianceEthics Professional (CCEP) andholds twobachelor degrees inCommerceandLawandaMBAinInternationalBusiness.PriortojoiningMicrosoft,Gauravwasworking with Bharti Airtel Ltd, one of the leading telecom service providers in India with acustomerbaseofover200Millionsubscribers,astheNationalManager:FraudIntelligenceandProvisioning.HehasconductedfraudrelatedinvestigationsthroughoutIndiaaswellasdesignedprogramsforfraudpreventionanddetection.PriortohisemploymentwithBhartiAirtel,GauravwasemployedasaSeniorExecutivewiththePaymentAssistanceUnit of GECapital Business ProcessManagement Services Pvt Ltd. In thatposition he was responsible for mitigating credit risk and addressing fraud abuse within thecompany.

JimmyMate,AssistantManager,EY

With over 7 years of experience in Forensic Technology, he currently holds the position ofAssistantManager with a Big4. His expertise covers Digital Forensic Data Analysis, Computer

5Thisincludescriteriaforcertification;curriculumforcertificationexaminationsandtests;assessmentmethodsforcertification;surveillancemethodsandcriteria(ifapplicable);criteriaforsuspendingandwithdrawingcertification;criteria for changing the scope or level of certification (if applicable); submitting questions for inclusion in thecertificationexaminationsandtests(optional).

10

Forensics,FraudInvestigationsalongwithevaluatingdesign&operatingefficienciesofinternalcontrolsattheentity&processlevelandidentifyingareasofimprovement&costsavings.He has addressed various sectors like Cement Manufacturing, Apparels & Footwear,Pharmaceutical, Information Technology, Automotive, Micro Finance, Consumer Electronicmanufacturing,Media&Entertainment,Hospitality,Business&TechnologyServices, InsuranceandSteelManufacturing.Hehasalsoworkedondesigning&executionoftrainingmodulesintheareaofForensicTechnologyforGovernmentOrganizations&Corporates.

MLingesh,InformationSecurityManager,ISO27001LeadAuditor,CISA,CPP,CFE

MLingeshisaretiredNavalOfficerwith20yearsofmilitaryexperience.HehasbeenworkingintheInformationSecurityfieldforaround7years.

NikhilAnantParulkar,Head-CreditIntelligenceUnit,KotakMahindraBankLtd

NikhilParulkaristheHeadofCreditIntelligenceUnitforKotakMahindraBanksince2012andmanages an experienced team of intelligence analysts that undertakes a wide variety ofinvestigativeassignmentsforKotak’swholesalebankingincludingpre-transaction(client’s)duediligence,assettracing,fraudinvestigations(post-transaction)andgeneralproblemsolving.Inhispreviousengagement,Nikhilwasheadingthepost-transactioninvestigationpracticeforIndiaandSouthAsiaasAssociateDirectorforControlRisksaglobalrisk-consultingfirm.NikhilisaCertifiedFraudExaminerfromtheAssociationofCertifiedFraudExaminers,USA.HealsohasaMastersinForensicAccountingfromUniversityofWollongong,Australiain2009andBachelorofArtswithmajorinEconomicsandminorinCommercein2000.HeisaCertifiedAnti-MoneylaunderingExpertandBSIcertifiedInformationSecurityleadauditorISO27001-LAsince2011.Nikhil also holds an Advanced Diploma in Cyber laws from Asian School of Cyber laws since2008.NikhilpreviouslyworkedatTCSeServe,ICICIBankLtd,Ernst&Young,HDFCBankLtdandMahindra Special Services Group. During the course of his career, Nikhil has developedsignificant investigative expertise and experience in working for both foreign and domesticIndian companies. Nikhil regularly contributes to themedia and frequently writes articles onforensicaccounting, fraud investigations,AMLandclientduediligence for leadingpublicationsandspeaksatseminars,conferencesandacademiaonforensicaccounting.

RVittalRajFCA,CISA,CGEIT,CISM,CRISC,CISSP,CIA,CFE

Hehas25+yearsofexperienceindirecting,managingprojectsinInformationSecurity,ISAudit,ITGovernance.

RamGopalSoni,AssociateVP-SecurityConsulting,ControlCaseInternationalPvt.Ltd.

Ram Gopal Soni is an Information Security Graduate with strong cognition and industryexperienceinInformationSecurityImplementation,Assessment,AuditandInformationSecurityManagement.He is working as QSA / Associate VP - Security Consulting with ControlCaseInternational Pvt. Ltd and is currently focused on Information Security Compliance Audit andCertification including PCI-DSS, PA-DSS and Computer Forensics, Fraud Investigation andRiskAssessment. He is also involved in execution and management of Technical Risk AssessmentincludingApplicationSecurity,PenetrationTestingandbusinessdevelopmentactivities.

SethuSRaman,VicePresident&ChiefRiskOfficer,MphasiSanHPCompany

SethuSRamanisanex-defenceofficerpresentlyworkingastheChiefRiskOfficerwithanMNCIT services company. He is a senior risk management professional with a strong academicbackground(MBA,BAL[law],CRMA,CPP,CBCP,CISA,CISSP)and21yearsofversatileexperienceinmanagingriskinits‘manifoldmanifestation’especiallyinBankingandITindustries.

11

S.P.Srivastava,formerDirectorGeneralofUPPoliceandformerJointDirectorofCentralBureauofInvestigation(CBI)

Shri S. P. Srivastava is a retired Director General of Police, Uttar Pradesh and former JointDirector(Delhi,Mumbai),CentralBureauof Investigation(CBI).Duringhis illustriouscareer inthe Indian Police Service, he has held the following posts: Director General, U.P. Police HeadQuarters, JointDirector (Delhi,Mumbai), CentralBureauof Investigation,Govt. of India, CrimeBranch, U.P., Criminal Investigation Department /Intelligence Department, Chief SecurityCommissioner(NER,CR), IndianRailways, JointManager(Vigilance)/RegionalManager,FoodCorporationofIndia,SuperintendentofPolice,StateVigilanceEstablishment.He has developed an IT tool for investigation of disproportionate asset cases enabling lawenforcementagenciestolaunchsuccessfulprosecutionagainstcorruptaccusedpersons.Hehasalsodevelopedanin-housetoolforscientificallocationofbudgettofieldunitsenablingoptimalutilizationandmaximumyield(UPPolicehasannualbudgetaryoutlayofapprox.6000croresandapproximately2lakhpolicepersonnel).WhileworkinginCBI,NewDelhi,hehelpedsolveahighprofileandsensitivemurdercasewiththehelpofscientifictoolsandutmostregardtohumanrights.Accusedpersonswerefoundguiltyby the trial court and severe punishment awarded,making it a landmark investigation.WhileworkinginCBI,Mumbaialargeamountofblackmoney(oneofthelargest)wasunearthedfromaseniorgovernmentofficial,whichbecamealandmarkhaulofhardcashstashedinthehouse.HehasbeenengagedactivelyindevelopmentofITtoolstocombatcybercrimeandanintegratedapplication for holistic police functioning. His educational qualifications include B.Sc. (Physics,Chemistry Mathematics), BCA, M.Sc. Physics (Electronics). He is a published author and haswrittenmanyarticlesoncontemporarytopicsincludingcorruptioninnationaldailynewspapers.

SunilBakshiMCA,CISA,CISM,CGEIT,CRISC,CISSP,PMP,CEH,AMIIB,ABCI,ISO27001LA,BS25999LI

Hehadbeenworkingwith StateBankof India for25 years as ITManager.He alsoworked asManager inEnterpriseRiskServicesgroupofDeloitteTouchéTohmatsu IndiaPrivateLimited,MumbaiandasSeniorManager inWiproconsultingservices.SunilwasCISOofNationalStockExchange.Currentlyhe isa free-lanceconsultantandtrainer inITgovernanceandInformationSecurity.He is a SeniorMemberof theComputerSocietyof Indiaandwas theChairmanof itsPunechapter.He isalsoamemberof ISACAandwaspresidentof itsPunechapter.Hewasamemberof theInternational Membership board of ISACA, USA and CISM and CRISC Test Enhancementcommittee of ISACA. Currently he is working on CRISC Certification committee of ISACAInternational and part of QA team of CISA and CISM technical review manuals. Sunil is alsomemberofAssociationofTechnicalScholarships(AOTS), Japan. SunilhaswrittenanumberofarticlesonInformationSystemsSecurityandAudit topics invariousnationalandInternationalpublications like Information Systems Control Journal of ISACA, USA, CSI Communications ofComputer Society of India, etc. Sunil has presented various topics at many national andinternationalconferencesorganizedbyISACA,CSI,ICAI.

VishalNarula,AssociateDirector,KPMG

Vishalhasa totalofover9yearsofexperience inDisputeAdvisory, Investigations,FraudRiskAssessments, Risk Consulting and Internal Audit. Vishal ismember of the ICC users council inIndia.Hehasworkedextensivelyacrosssectorsandhasvastexperienceisabroadspectrumofindustriescoveringinfrastructure,ferrousandnonferrousmetals,mining,heavymanufacturing,FMCG,financialservices,media&entertainment,etc.Hehasworkedacrossgeographiesandhasgainedexposurein19countriesacrosstheglobe.

12

B11.Typeofquestions

TheexaminationwillconsistprimarilyofCaseStudyBased(Problem-Based)questions.Thesequestions consist of a practical problem followed by several options. Candidatesmust applytheirknowledgeandskills tochoose themostappropriateoption. IFS-GFSUcertificationsusethistypeofquestionsastheyallowcandidatestodemonstratetheirpracticalunderstandingofthetopicratherthanrequiringthemtomemoriseinformation.Suchquestionsfocusontestingacandidate’s skill development, require thinking and do not focus on purely theoreticalknowledge.

B12.PreparationfortheExam

CaseStudyBased(Problem-Based)questionsrequirecandidatestostudythereferencematerialthoroughly and ensure understanding of how the information can be applied in real-lifepractical situations. On registering for the certification exam, you will be providedcomprehensivereferencematerialandtheIFS-GFSUGuidetotheCommonBodyofKnowledgeforFraudExamination(CBOKFE)inelectronicform.

B13.CommonBodyofKnowledgeforFraudExamination(CBOKFE)

The IFS-GFSU Common Body of Knowledge for Fraud Examination (CBOKFE) establishes abaseline for the body of knowledge for Information Security. CBOKFE is a comprehensivedescription of the sum of knowledge and professional practices and techniques that aregenerallyacceptedwithintheInformationSecurityprofession.CBOKFEisnotstaticandwillbeconstantlyevolvingasthefieldofFraudExaminationdevelops.

B14.Fees

Particulars Fee

CertificationFees(Forstudentspursuinggraduation) 5,700

CertificationFees(Forothers) 11,200

Note:

1. Incasearegistrantfailsthecertificationexam,he/shewillberequiredtopayRs.1200re-examfeeforeachsubsequentattempt.

2. Nofeerefundswillbemadetoanyregistrant.

3. On registering for a certification, the registrant shall be provided the list ofrecommendedreferencematerial.

4. Nocontactlecturesorclassesshallbeprovided.

B15.ExamDuration

Thecertificationexamhasalengthof3hours.

13

B16.PassingScore

Topass,acandidatemustobtainaminimumof70%ineachofthesectionsoftheexam.

B17.Dates

Examscanbetakenonlineatanytimewithin12monthsofapprovalofapplication.Therecanbenoextensionofthestudyduration.

B18.OverviewofExaminationSyllabus

Thisexaminationisdividedintothefollowingsections:

1. FinancialAccounting2. FraudRiskAssessment,DetectionandInvestigation3. LegalEnvironment&RegulatoryFramework4. FraudandCorruptionControl

B19.DetailedExaminationSyllabus

1. FINANCIALACCOUNTING

1.1 Fundamentalsofaccounting1.1.1 TheoreticalFramework,1.1.2 AccountingProcess,1.1.3 BankReconciliationStatement,1.1.4 Inventories,1.1.5 Depreciationaccounting,1.1.6 PreparationofFinalAccountsforSoleProprietors,1.1.7 AccountingforSpecialTransactions,1.1.8 PartnershipAccounts,1.1.9 CompanyAccounts.

1.2 InternalAudit1.2.1 CorporateSocialResponsibility,1.2.2 UnderstandingInternalAudit,1.2.3 Risk-BasedInternalAudit,1.2.4 InternalControlsoverFinancialReporting,1.2.5 ImplementingEnterpriseRiskManagement,1.2.6 DueDiligence,1.2.7 Co-ordinationofInternalAuditorwithFunctionalHead,1.2.8 DataAnalyticsandContinuousControlMonitoring,1.2.9 InvestigativeAudits.

1.3 Standards1.3.1 StandardsonInternalAudits,1.3.2 IndianAccountingStandards.

2. FRAUDRISKASSESSMENT,DETECTIONANDINVESTIGATION

2.1 UnderstandingFraud2.1.1 Typesofcorporatefrauds,

14

2.1.2 Patternsandcausesoffraud.

2.2 FraudRisk&VulnerabilityAssessment-Assets,GeneralResources,Information,MotorVehicles, Accounts Payable, Petty Cash and Cash Receipts, Purchase of Services, Payroll,Personnel,InformationSystems,Inventory(Stores),ProfessionalServices,Purchasing.

2.3 Fraud Risk Management - Risk management, Fraud prevention, Fraud detection,Responding to fraud, Internal controls, Internal reporting, External reporting, Publicinterestdisclosures,Codeofconduct,Staffeducationandawareness,Clientandcommunityawareness.

2.4 Inquiries & Investigations - Investigation Standards, Background Investigations,

Conductinganinquiryintheorganization.

3. LEGALENVIRONMENT&REGULATORYFRAMEWORK

3.1 India3.1.1 LegalEnvironmentrelatingtofraud3.1.2 IndianPenalCode,3.1.3 IndianContractAct,3.1.4 CodeofCriminalProcedure,3.1.5 PreventionofCorruptionAct,3.1.6 InformationTechnologyAct,3.1.7 Anti-corruptionagenciesintheCentralGovernment,3.1.8 Policeandotherlawenforcementauthorities.

3.2 USA3.2.1 ForeignCorruptPracticesAct,3.2.2 Sarbanes–OxleyAct,3.2.3 MajorFraudAct,3.2.4 Relevantagenciesandauthorities.

3.3 International3.3.1 OECDConventiononCombatingBriberyofForeignPublicOfficials inInternational

BusinessTransactions,3.3.2 UnitedNationsConventionagainstCorruption,3.3.3 EUCivilLawConventiononCorruption,3.3.4 EUCriminalLawConventiononCorruption.

4. FRAUDANDCORRUPTIONCONTROL4.1 FraudControlPolicies,4.2 FraudControlPlans,4.3 Fraud&CorruptionPreventionStrategies.

15

C.AboutGFSU

ThiscertificationisprovidedbyInstituteofForensic Science,Gujarat Forensic SciencesUniversity(GFSU).GFSU is established by the Government ofGujarat, under the flagship of the HomeDepartment-GovernmentofGujarat.The GFSU is a highly specialized highereducation institution that came intoexistencethroughanAct:No.17,passedbythe Gujarat State Legislative Assembly,datedthe30thofSeptember2008.The University runs in parallel associationwith the Directorate of Forensic Science(DFS) - Gujarat State, to provide hands-ontraining.DFS - Gujarat State is a state-of-the-art;NABL accredited; ISO-IEC 17025:2005certified laboratory, maintaininginternational standards in terms ofinfrastructure and facilities for ComputerForensics, Narco-analysis and PolygraphExamination, Brain Electrical OscillationSignatureProfiling.ItalsohasSuspectDetectionSystem(SDS),Audio Video Tape Authentication System,VoiceSpectrograph,SpeechLab, IntegratedBallistics Identification System,Computerized Petroleum Testing Facilities,

FullyAutomatedAlcoholEstimationSystem(GC-HS)FT-Raman,LC-MS,GC-MS,FT-IRforNarcotic/Explosive/Poisons Analysis,ComputerizedPhotographicImageAnalysisSystem, Video Spectral Comparator forDocument Examination, Accredited Cow-meat testing mobile laboratories,Accredited Mobile Investigation Vans,Ballistics Data Acquisition System(Computerizedfiringrange)andAutomatedFingerprintIdentificationSystem.GFSU is the only university across theworld, dedicated to Forensic &InvestigativeScience.TheGFSUhasanultramoderncampus,nearthe DFS premises, on a governmentallocatedlandof50,000SquareMeters.The University is headed by its DirectorGeneral Dr. J. M. Vyas (M.Sc., Ph.D., LL.B.).Dr.Mohinder SinghDahiya (M.Sc., Ph.D.) isthe Director for the Institute of ForensicScience, Gujarat Forensic SciencesUniversity. Shri Mehul K. Dave is the firstRegistrar of the Gujarat Forensic SciencesUniversity.Theuniversityhasbeengrantedrecognitionby the University Grants Commissionwideits letter no. F.9-7/2011 (CPP-I/PU) dated16thMay2011.

16

D.ApplicationProcess

ApplyforcertificationexamFilltheApplicationFormforIFS-GFSUCertificationProgram(FEP)at:http://www.fraudexaminer.in/form.php