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Forensic Accounting Techniques Prove Crucial in Combatting Financial Crimes in Guyana

As financial crimes continue to plague Guyana, forensic accounting techniques have emerged as a vital tool in the fight against these illegal activities. In an exclusive interview, several professionals who have completed the Forensic Certified Public Accountant (FCPA) program at the Chartered Institute of Forensic Accounting (CIFA) headquarters in Trinidad shared their experiences and insights on the importance of forensic accounting in uncovering financial fraud.

The Value of Forensic Accounting

Carla Berridge-Pike, a Forensic CPA, emphasized that the knowledge and skills gained during the program have been instrumental in her work as a forensic accountant. “I use the methods and knowledge gained during the program to analyze financial transactions of individuals and businesses and prepare a Forensic Accountant’s Report with my findings,” she said.

Quality Education

Pauline Sydney-Taitt, another FCPA graduate, praised the quality of education received from CIFA’s FCPA Programme. “The lecturers taught the material in the most simple and practical way, using their own experiences as illustrations,” she noted.

Hands-on Learning

Simone Fergus, now a Forensic Certified Public Accountant, highlighted the benefits of attending classes at CIFA. “Attending classes was indeed a rewarding experience on many levels. From the interactive sessions to the hands-он learning, it felt like we were solving a different fraud case utilizing the skills learned on that day.”

Establishing Credibility

Kaiande Devonish, also an FCPA graduate, stressed the importance of gaining the FCPA credential in establishing credibility as an expert witness in court. “Gaining the FCPA credential will not only give me recognition in the Forensic Accounting field, it will also give me instant credibility as my testimony in court as an expert witness will carry more weight,” he said.

Conclusion

The professionals’ experiences demonstrate the significance of forensic accounting techniques in combating financial crimes and the value of CIFA’s FCPA Programme in equipping individuals with the skills and knowledge necessary to succeed in this field.