FEP
IFS-GFSU CERTIFIED
FRAUD EXAMINATION PROFESSIONAL
INSTITUTE OF FORENSIC SCIENCE GUJARAT FORENSIC SCIENCES UNIVERSITY
Document date: 14th July, 2016
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IFS-GFSUCertification#11001FraudExaminationProfessionalTheFraudExaminationProfessional(FEP)certificationfromInstituteofForensicScience,GujaratForensicSciencesUniversity(IFS-GFSU)provesspecialistlevelexpertiseinFraudriskassessment,detectionandinvestigation.
DATESFOREXAMSThe exam for the IFS-GFSU Certification#11001 Fraud Examination Professionalmaybetakenonlineatanytime.SUMMARYOFEXAMINFORMATIONExamDuration:3hoursPassingMarks:70%One-timeregistrationfees:Rs1,200ExamFees:Rs4,500forstudentsExamFees:Rs10,000forothersRe-examFee:Rs1,000ABOUTIFS-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.© 2013-16 Institute of Forensic Science,Gujarat Forensic Sciences University. Allrightsreserved.Documentissuedate:14thJuly,2016GujaratForensicSciencesUniversityDFSHeadQuarters,Sector18-A,NearPoliceBhavan,Gandhinagar-382007,Gujarat-India
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QuickGuidetoEarning&maintainingyourIFS-GFSUcertification
1 Obtainyourone-timePermanentRegistrationNumber.
2 Applyfortheexamination.
3 PreparefortheexambystudyingthereferencematerialcomprisingtheIFS-GFSUCommonBodyofKnowledgeforFraudExamination(CBOKFE).
4 Appearforthecertificationexamandobtain70%ineachsection.
5 Earnyourcertification.EarntherighttouseFEP.GetupgradedtoFEP+after6years.
6 Earn120ContinuingEducationUnits(CEUs)every3yearsandsubmitproofofthesame.
ObtainPRN ApplyforExam
PrepareforExam
Passtheexam
Earnthecerti_ication EarnCEUs
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TableofContents
A.BenefitsofIFS-GFSUCertifications......................................................................................4A1.Benefitstoindividuals.........................................................................................................................................4A2.Benefitstoorganizations...................................................................................................................................5
B.AbouttheCertification.............................................................................................................6B1.AboutFraud&CorruptionControl................................................................................................................6B2.Requiredcompetence..........................................................................................................................................6B3.Abilities......................................................................................................................................................................7B4.Prerequisites............................................................................................................................................................7B5.CodeofProfessionalEthics...............................................................................................................................7B6.Criteriaforinitialcertification.........................................................................................................................7B7.Criteriaforrenewalofcertification...............................................................................................................7B8.Groundsforsuspendingandwithdrawingcertification......................................................................7B9.ExamOverview.......................................................................................................................................................8B10.Developmentoftheexam................................................................................................................................8B11.SubjectMatterExperts.....................................................................................................................................8B12.Typeofquestions................................................................................................................................................8B13.PreparationfortheExam................................................................................................................................8B14.CommonBodyofKnowledgeforFraudExamination(CBOKFE)..................................................8B15.Fees...........................................................................................................................................................................9B16.ExamDuration.....................................................................................................................................................9B17.PassingScore........................................................................................................................................................9B18.Dates.........................................................................................................................................................................9B19.OverviewofExaminationSyllabus...........................................................................................................10
C.TheIFS-GFSUContinuingEducationProgram...............................................................11D.AboutGFSU...............................................................................................................................12
E.ApplicationProcess................................................................................................................13
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A.BenefitsofIFS-GFSUCertifications
A1.Benefitstoindividuals
ü Achieveahigherposition,raise,andpromotionfaster1
ü Becomemoreemployable2
ü Affirmyourprofessionalexpertise3
ü Increasejobsecurity
ü Demonstratethatyoupossess
essentialdomainknowledge
ü Boostrelevancebystayingcurrentintheprofessionwithcontinuingeducationrequirements.
ü Advanceyourcareerpotentialdue
torecognitionasacertifiedprofessional
ü Recognitionofprofessional
competencebyprofessionalpeersandmanagement
ü Increaseyourvalueandincome
ü Keepupwithever-changing
standardsandtechnologies
ü Validateyourknowledge
ü Differentiateyourselffromyourpeers
ü Boostyourconfidence
1 Salary 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 Showthatyouknowthemostcurrentprinciplesandpracticesofyourfield
ü Personalsatisfactionof
accomplishingamilestoneinyourcareer
ü Standoutagainstotherapplicantsin
atoughjobmarket.
ü Getpreparedforgreateron-the-jobresponsibilities
ü Potentiallyearnhigherincomefor
beingformallyrecognizedasacertifiedprofessional
ü DemonstrateYourCommitment
ü Buildandenhanceyourcredibility
ü Build&ShowcaseYourSkills
ü Becomemoremarketablewhenyou
competefortoppositions
ü Raiseyourprestigeamongyourstaffandyourpeers
ü Improveoverallperformance,
removeuncertaintyandwidenmarketopportunities
ü Ensureyouarecontinually
improvingandrefiningyouractivities
ü Becomepartofaprofessional
network
ü Enjoybettercareerflexibility
ü Berecognizedasbeingknowledgeableandskilled
ü Openthedoorsofopportunity;
enhanceyourcareer
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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 Consistency
WithGFSUcertifications,yourteamsaretrainedtoconsistentskilllevels.
ü StaffmotivationThe 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.
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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, the money involved in corporate frauds is enormous. It is expected that with thetraditionalprocessesinacompanygoingdigital,fraudismovingtotheelectronicdomain.AccordingtoIndianStandardIS15900:2010(GuidanceonFraudandCorruptionControlbyanOrganization):Theawarenessofrisksandconsequencesof fraudandcorruptionhasbeenincreasingacrosstheorganizationsinrecentyears.Reportsbyvariousauditandaccountsinstitutionsandcommitteeshaveallhighlightedtheimpactthatfraudandcorruptioncanhaveontheproductivity,imageandefficiencyofanorganizationandonallaspectsoforganizationaladministration.Thereareseveralreasonswhytheeliminationofcorruptionisbecomingahighprioritywithinthebusinesscommunityaswell.Confidenceandtrustinbusinessamonginvestors,customers,employees,andthepublicgenerallyhasbeenerodedbyawaveofbusinessethicsscandals inrecentyears.Further, severalhighprofilecasesofbriberyarecurrentlybeing investigatedorprosecuted.Examplesofcommonfraudcouldinclude:
1. Theftofplant,equipmentandinventorybyemployees;2. Falseinvoicing;3. Theftoffunds;4. Lendingfraud;5. Misappropriationofremittancereceivedbyanorganization;6. CreditCardfraud;7. Theftofintellectualproperty;8. Falsificationoffinancialaccountsoftheorganizationforunduebenefits;9. Theftofconfidentialorganizationinformationforprivategains;10. Taxevasion;11. Moneylaundering,etc.
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.
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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.Criteriaforinitialcertification
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.Criteriaforrenewalofcertification
1. Earn120CEUs(ContinuingEducationUnits)every3years.2. SubmitdocumentaryevidenceinrespectofCEUsearned.3. SubmitadministrativefeeofRs.2,000plusapplicabletaxes(every3years).4. CompliancewithIFS-GFSUCodeofProfessionalEthics.
B8.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.
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2. FailuretoobtaintherequiredCEUs(ContinuingEducationUnits)every3years.3. Failure to submitdocumentaryevidenceevery3yearsofCEUsearnedalongwith the
applicableadministrativefee.4. ViolatinganyprovisionoftheIFS-GFSUCodeofProfessionalEthics.5. ProvidinganyfalseinformationtoIFS-GFSU.
B9.ExamOverview
The Fraud Examination Professional (FEP) certification from Institute of Forensic Science,GujaratForensicSciencesUniversity(IFS-GFSU)provesspecialist levelexpertise inFraudriskassessment,detectionandinvestigation.
B10.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.
B11.SubjectMatterExperts
SubjectMatter Experts for certification programs conducted by Institute of Forensic Science,GujaratForensicSciencesUniversityadviseinthedevelopmentandreviewofthecertificationscheme4.
B12.Typeofquestions
Theexaminationcomprisesobjectivequestions.
B13.PreparationfortheExam
On registering for the certification exam, you will be provided comprehensive referencematerialinelectronicform.
B14.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.
4Thisincludescriteriaforinitialcertificationandrecertification;curriculumforcertificationexaminationsandtests;assessment methods for initial certification and recertification; surveillance methods and criteria (if applicable);criteria for suspending and withdrawing certification; criteria for changing the scope or level of certification (ifapplicable);submittingquestionsforinclusioninthecertificationexaminationsandtests(optional).
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B15.Fees
Particulars Fee
One-timePermanentRegistrationFee 1,200
ExamFees(Forstudentspursuinggraduation) 4,500
ExamFees(Forothers) 10,000
Note:
1. Incasearegistrantfailsthecertificationexam,he/shewillberequiredtopayRs.1000re-examfeeforeachsubsequentattempt.
2. Nofeerefundswillbemadetoanyregistrant.
3. On registering for a certification, the registrant shall be provided the list ofrecommendedreferencematerial.
4. Nocontactlecturesorclassesshallbeprovided.
B16.ExamDuration
Thecertificationexamhasalengthof3hours.
B17.PassingScore
Topass,acandidatemustobtainaminimumof70%.
B18.Dates
Theexamcanbetakenonlineatanytime.
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B19.OverviewofExaminationSyllabus
Thisexamination focuseson3primary issues -FraudRiskAssessment&Management,FraudControl-LegalEnvironmentinUSA&UKandFraudControl-LegalEnvironmentinIndia.1.FraudRiskAssessment&Management
• Fraudriskmanagement• FraudRiskAssessment• DiagnosingBriberyRisk• RiskAssessmentStandards• ConductingInquiries&EffectiveInterviews
2.FraudControl-LegalEnvironmentinUSA&UK
• UKBriberyAct• U.S.ForeignCorruptPracticesAct
3.FraudControl-LegalEnvironmentinIndia
• RBIdirectionsonFrauds• Fraudrelatedissuesinpublicprocurement• CentralBureauofInvestigation–powers,functions• Extraditionoffugitivesfromabroad
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C.TheIFS-GFSUContinuingEducationProgram
TheIFS-GFSUContinuingEducationProgram(CEP)isdesignedtokeepyourexpertiseandskillsupdated. You are required to obtain120CEUs (ContinuingEducationUnits) every3 years tomaintainyourGFSUcertification.Youarerequiredtosubmitdocumentaryevidenceevery3yearsofCEUsearnedbyyou.EncloseadministrativefeeofRs2,000plustaxesalongwiththedocumentaryevidenceofCEUs.# Activity
CEUsearned Documentary Evidence to be
submittedMaximumCEUs in a 3yearperiod
1 Teaching,trainingorinstructinginarelevantfield
3CEUsperhourofactualteaching,trainingorinstructing
1.Descriptionofcontentcovered2.Deliverydate(s)3.Numberofattendees
42CEUs
2 DeliveringanIndustryPresentationinarelevantfield
3CEUsperhourofactualpresentation
1.Descriptionofcontentcovered2.Deliverydate(s)3.Numberofattendees4.Copyofpresentation
42CEUs
3 ParticipationinaGFSUapprovedIndustryEvent,Seminar,WorkshoporConference
1CEUforeachhourspentinarelevantsession
1.Thetypeofactivityattended(event,seminar,workshoporconference)2.Descriptionoftheactivity3.DateofActivity4.Proofofcompletionprovidedbyactivityhost(whereapplicable)
42CEUs
4 WorkExperience 1CEUforeachmonthinarelevantprofile
Followingdetailsonemployerletterhead:1.Currentjobtitle2.Briefdescriptionofworkprofile3.Durationinthisjob(startandenddates)4.Confirmationbyemployerthatthecandidateismeetingtheexpectations5.Signatureofthecandidatessupervisor
36CEUs
5 PublishingofarelevantprofessionalArticle,WhitePaperorBook
4CEUsperarticleorwhitepaper;20CEUsperpublishedbook
DescriptionofthecontentcoveredLinktoorcopyofthepublishedwork
42CEUs
6 ActivemembershipofaGFSUapprovedrelevantCommittee/Board/Chapter/Association
0.25CEUforeachmonthofmembership
1.Committee/Board/Chapter/Associationdetails2.Proofofmembership3.Timeframeofactivemembership
9CEUs
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D.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.
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E.ApplicationProcess
Theapplicationprocessisexplainedat:http://www.lexcode.in/gfsu/process.php