What is Indiaforensic ?

Forensic Accounting in India started with one word –Indiaforensic. A brand that has made a difference in the forensic accounting world. Started in year 2005, Indiaforensic now helps more than 50 business brands across the world to solve global financial fraud related problems by providing them education and customized training solutions. Indiaforensic is known for creating new educational and training products that breaks the industry norms.

All the educational products are created based on the extensive research done by the team of in-house experts and the field experience of the board of the advisors of Indiaforensic.

Indiaforensic is the pioneer in the field of forensic accounting, well connected and networked with the industry. Indiaforensic is known for creating new educational and research products and services that break the industry norms. With about 20 representative offices across the country and a network of more than 400+ members Indiaforensic leads the forensic accounting movement in India.

Indiaforensic Scholarship Program

Indiaforensic - Pioneers of forensic accounting in India announces its scholarship program for the year 2009-10. Every year in the annual antifraud conference Indiaforensic felicitates the members who have contributed exceptionally well to the antifraud community. There are three different awards given to the members of Indiaforensic. Click here for more details about the Indiaforensic awards.
Scholarship Porgram
Current education system in india is sending the accounting students in the market without having the armour of forensic accounting. It is essential to have this armour because in such case the students are likely to be the victims of the frauds as it happened in Satyam or they are likely to be the part of the frauds without thier real knowledge. In such situation the education about forensic accounting is most essential.In order to promote awarenss in the students we have started the scholarship programs for those deserving students who needs to do the course but there are financial constraints.
Eligibility
This scholarship is meant for the students of the MBA/LLB/CA/CS/CWA or any other professional course. In order to apply for this program the student should be able to provide the proof of the education and the proof that he has taken admission for the any of the courses mentioned above.
This scholarship program is only for those students who wish to take up the career in forensic accounting are advised to take a look at this scholarship program.
Number of beneficiaries
Every year Indiaforensic offers scholarship to 10 deserving students who wish to pursue their career in forensic accounting. Amount of scholarship will be decided on the merits of the students. Students will be awarded the scholarships from Rs.8000 to Rs.15000.
Criterion for selection
The scholrship is given purely on the merit criterion. Some of the parameters are what will be the benefit to the antifraud community of giving these scholarships, financial position of the students and the willingness to pursue Indiaforensic certifications. It is completely discretion of the Indiaforensic board to decide the names of students who are eligible for this scholarship program.
Scholarship Program start and end
This scholarship program is not for the endless period. The scholarship applications starts on 1st August and ends on 31st August. There is no change in the acceptance of applications after this date.
Announcements of awardees
Scholarship awardees names will be announced on 15th September'2009 on the Indiaforensic website.
Scholarship application forms
Application forms for scholarship program are available on the website of Indiaforensic.

Brand that quantified fraud losses for India

Indiaforensic - Brand that quantified the fraud losses to India.

Indiaforensic came out with the research which was widely publicized and accepted at various levels as the benchmark which quantified the amount India loses to the occupational frauds. India loses $40 billion to the frauds committed by the employees every year.

In its first employee frauds conference in Bangalore, Indiaforensic chairman, Mayur Joshi announced this amount which was equal to more than 4% of the consolidate income of India.

See some of the interesting headlines in various newspapers in India
Hindu Business Line: "Corporates losing more from within"
The Times of India : "India might be losing $40 billion to frauds"

Brand that Gained glamour for profession

Indiaforensic became the brand that gained glamor for the Anti fraud Industry in India

In past few years Indiaforensic has became the brand which has helped the anti fraud professionals to gain the glamor for the professionals in the country.
There were more than 100 media quotes for Indiaforensic in past three years. But in addition to this we have also helped the members and other industry experts to be quoted in the media.

The Employee frauds conference which focused on various issues and eminent speakers covered the interesting topics in this conference.

Capt. Percy Jokhi - CSO of FirstSource discussed the fraud cases across Banking, BPO and Hospitality Industry.

Selam Raveendhrun who pioneered the fraud control unit efforts in banking industry in India discussed the financial impacts of Frauds. He alerted the industries about India's economy crossing the mark of $ 1 trillion.

Babu Jayendran who mentioned about the software to check the insider data leakage was quoted in Hindustan Times and also in Economic Times.

Yash Maruli who shared some of the real life cases with the actually forged documents was also mentioned in this story of Hindustan Times. Vikram Tiwathia CIO of CII was quoted by Business standard in an exclusive story.

Forensic Accounting started with Indiaforensic

Forensic Accounting in India started with Just One word - Indiaforensic.
Indiaforensic are the Pioneers of Forensic Accounting Education in India. Indiaforensic started the certification programs in the year 2005. When there was no awareness about the forensic accounting in India, we at Indiaforensic started the courses on forensic accounting.
Year 2005 - First course on Bank Forensic Accounting
Year 2006 - First course on Anti-Money Laundering
Year 2007- First Course on Corporate Frauds
Year 2008 - First International tie-up with the Institute of Certified Forensic Accountants