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