Training on Financial Data Review and Fraud Detection
Master financial data review and fraud detection. Learn to identify anomalies, investigate suspicious activities, and prevent financial fraud
Next intake
20 Jul 2026 · Nakuru
Duration
5 days
Live instruction
Delivery
Physical + Virtual
Cohort based
Level
Intermediate
Working professionals
Certification
NITA reimbursable
For Kenyan cohorts
Language
English
All materials
About this programme
Financial data review and fraud detection are critical to ensuring the accuracy, transparency, and integrity of financial information. In today’s complex financial environment, institutions must proactively identify errors, inconsistencies, and potential fraudulent activities to maintain trust and stability.
This course provides practical skills in reviewing financial statements and detecting fraud using analytical techniques. It also introduces key Anti-Money Laundering (AML) concepts and their role in strengthening financial oversight and compliance.
Duration
5 Days
Who Should Attend
- Financial analysts
- Auditors (internal and external)
- Compliance officers
- Risk management professionals
- Forensic accountants
- Fraud examiners
- Finance managers
- Legal professionals involved in financial fraud cases
What you'll walk away with
By the end of this course, participants will:
- Understand the principles and methodologies of financial data review.
- Identify common types of financial fraud and their indicators.
- Conduct effective financial data analysis to detect anomalies and suspicious activities.
- Develop and implement strategies for fraud prevention and detection.
- Utilize advanced tools and techniques for forensic analysis.
- Understand legal and ethical considerations in fraud detection and investigation.
- Apply best practices in reporting and documenting findings.
What we cover, module by module
Module 1: Introduction to Financial Data Review & Financial Statements
- Importance of financial data review in supervised institutions
- Overview of the review process and objectives
- Key stakeholders involved
- Overview of financial statements (Income Statement, Balance Sheet, Cash Flow)
- Principles of financial statement preparation and presentation
- Common areas prone to errors or manipulation
- Case Study: Regulatory failure due to weak financial review & misstated financial statements
- Practical: Mapping a financial review process and identifying inconsistencies
Module 2: Financial Fraud Detection Techniques
- Types of financial fraud (revenue manipulation, expense fraud, asset misappropriation)
- Red flags and warning signs
- Analytical procedures for detecting anomalies
- Vertical and horizontal financial analysis
- Comparative ratio analysis
- Identifying inconsistencies and discrepancies
- Case Study: Corporate fraud detection using financial analysis
- Practical: Conducting a financial fraud detection review
Module 3: Anti-Money Laundering (AML) & Financial Statement Review
- Overview of AML regulations and compliance requirements
- Intersection of AML and financial data review
- Identifying potential money laundering activities
- Common money laundering risks in financial statements
- Fraud as a facilitator of money laundering
- Case Study: Money laundering through financial statements
- Practical: Identifying AML red flags in financial data
Module 4: Due Diligence & Transaction Monitoring
- Role of Enhanced Due Diligence (EDD) in AML
- Implementing KYC (Know Your Customer) protocols
- Verifying identities and assessing financial legitimacy
- Transaction monitoring and anomaly detection
- Leveraging technology and data analytics
- Case Study: Due diligence failures and suspicious transaction patterns
- Practical: Conducting KYC checks and transaction monitoring analysis
Module 5: Reporting, Compliance & Control Frameworks
- Reporting obligations for suspicious transactions (SAR)
- Timely reporting procedures and communication channels
- Internal controls and compliance frameworks
- Strengthening collaboration between AML and finance teams
- Best practices in financial data review and regulatory compliance
- Case Study: Compliance failures and regulatory penalties
- Practical: Preparing a suspicious activity report (SAR) and compliance checklist
Where the change lands
Organizational Impact
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Strengthens ability to prevent, detect, and respond to fraud and financial mismanagement.
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Provides significant financial protection through risk mitigation, loss recovery, and stronger internal controls.
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Enhances reputation and credibility with investors, regulators, and the public.
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Promotes a culture of ethical and professional financial oversight.
Personal Impact
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Equips participants with specialized skills in fraud detection and prevention.
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Supports career growth in forensic accounting, risk management, or corporate security.
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Enables direct contribution to organizational integrity and accountability.
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Builds confidence and authority to lead robust financial practices.
Dates and locations
Upcoming intakes
Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.
| City | Starts | Ends | Delivery | Book |
|---|---|---|---|---|
NakuruNext | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kigali | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Accra | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kisumu | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Johannesburg | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Dakar | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
- NakuruNext
20 Jul → 24 Jul·In-Person
Book this intake - Kigali
20 Jul → 24 Jul·In-Person
Book this intake - Accra
20 Jul → 24 Jul·In-Person
Book this intake - Kisumu
27 Jul → 31 Jul·In-Person
Book this intake - Johannesburg
27 Jul → 31 Jul·In-Person
Book this intake - Dakar
27 Jul → 31 Jul·In-Person
Book this intake
Common questions.
Still not sure? Send us a note and a facilitator will get back to you within a business day.
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Course finder
Find the right course for you
Prefer to talk it through? Send us an enquiry and a facilitator will scope a fit within a business day.
For corporate teams
Training 10+ professionals?
We deliver Training on Financial Data Review and Fraud Detection in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.