Free Fraud Detection Course
Fraud Detection and Investigation
Fraud detection training shows you how red flags, controls, evidence, and interviews fit into an investigation. Join this free fraud investigation course to learn the basics.
About this course
This free fraud detection course helps you connect suspicious activity with evidence, controls, and a clear investigation process. This free fraud detection and investigation course introduces red flags, transaction review, internal controls, document checks, interview planning, reporting basics, and CFE exam-prep concepts in beginner-friendly language. You will learn how investigators think through a case without jumping to conclusions or making unsupported claims.
The course helps you build a foundation for compliance, audit, finance, risk, and investigation support roles. You will see how fraud schemes may appear in records, why documentation matters, how evidence must be handled carefully, and how prevention controls reduce losses. It is useful if you want a practical fraud investigation course for beginners or a starting point before studying forensic accounting, anti-fraud controls, or Certified Fraud Examiner topics in more depth.
Course outline
Understanding Occupational Fraud and the CFE Credential
In this module, you'll learn what occupational fraud is, the fraud triangle and diamond, the fraud tree, the typical fraudster, how it's detected, and what the CFE exam covers.
Detecting Cash-Based Fraud Schemes
In this module, you'll learn the difference between larceny and skimming, and how billing, payroll, expense, check tampering and register schemes work, plus the red flags of each.
Investigating Non-Cash Theft and Corruption
In this module, you'll learn how inventory and asset theft is concealed, how bribery, kickbacks, extortion and conflicts of interest work, and how money laundering moves illicit funds.
Uncovering Manipulated Financial Statements
In this module, you'll learn why statements get manipulated, schemes like fictitious revenue and hidden liabilities, and detection tools such as ratio analysis and the Beneish M-Score.
Legal Foundations of Fraud Examination
In this module, you'll learn the elements of criminal fraud, how civil and criminal cases differ, rules of evidence and chain of custody, and interviewees' rights.
Conducting an Effective Fraud Investigation
In this module, you'll learn to plan an investigation, trace transactions, interview witnesses and suspects, spot deception, preserve digital evidence, use analytics, and write the final report.
Building Organizational Fraud Prevention Programs
In this module, you'll learn to run a fraud risk assessment, design internal controls and segregation of duties, set up hotlines and ethics programs, and measure prevention results.
Applying Your Knowledge: Exam Readiness and Case Scenarios
In this module, you'll learn how the CFE exam tests all four domains, work through practice scenarios and a case, testify as an expert witness, and manage exam time.
Get access to the complete curriculum once you enroll in the course
Frequently Asked Questions
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