Forensic Analytics

2 Credits: Auditing


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 Secure Transaction

Forensic Analytics

Course Level
CPE Credits

2 Credits: Auditing

Course Description

Errors and fraudulent transactions can be remarkably difficult to spot. In the Forensic Analytics course, we provide a number of tools for teasing out these problem transactions from the masses of data in which they are normally hidden. Techniques covered include Benford’s Law, outlier analysis, round numbers analysis, growth spurt analysis, policy threshold analysis, and time-series analysis. The course also gives extensive coverage to the process of importing data into Excel, so that these analyses can be conducted.

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Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Specify how data can be imported into Excel and scrubbed for analysis purposes.
  • Specify how Benford’s Law can be used to identify suspect transactions.
  • Identify the uses to which data analysis techniques can be put for forensic analysis.
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Course Specifics

Course ID
Revision Date
March 6, 2024

There are no prerequisites.

Advanced Preparation


Number of Pages

Compliance Information

NASBA Provider Number: 103220

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …