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CRFA Certified Forensic Accountant (CRFA)

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CRFA Certification Brain Dumps Source : Certified Forensic Accountant (CRFA)

Test Code : CRFA
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Vendor denomination : Financial
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Financial Certified Forensic Accountant

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‘Why few women are involved in forensic accounting’ | actual questions with brain dumps

Mrs. Folake Folashade Onabolu is the first female certified Forensic Accountant in Nigeria and at the flash works on the Lagos state Audit service commission after years of deepest supervene at some blue-chip agencies. in this interview with Omolara Akintoye, she shares her suffer working at ministries and departmental corporations throughout the state in addition to concerted efforts through the commission to bury leakages inside the gadget. Excerpts:

turning out to breathe up i was born in Ile Ife, Osun state into the household of late Joseph Adekanmi Olawoyin, Police Officer and my late mother Mrs. Adunola Olawoyin, who changed into a textile broking in her lifetime. I in my belief esteem education right from when i used to breathe small. I breathe cognizant genesis faculty on the age of five. I went to St. Peters fundamental school, Ile-Ife the to Their woman’s ladies’ towering faculty furthermore in Ile-Ife.

career experience

I went to The Polytechnic Ibadan for my ‘A’ degrees. i used to breathe among the many pioneer set of ‘A’ stage student within the faculty then. It was known as college of fundamental reviews then. In 1976 I gained admission to examine at Economics with specialisation in Accounting via an instantaneous entry admission into the university of Ife. I graduated with 2d class Honours higher Division in 1979. I did some other checks and i became a certified Chartered Accountant.

After fitting chartered, I additionally went extra to develop into a Fellow of the Nigeria Institute of Taxation, Institute of management and a Fellow of the Institute of Chartered Accountant, Nigeria. There is that this female arm of the Institute, which is the Society of girls Accountants of Nigeria which I’m very active, I’ve served as the second Vice Chairperson.

currently, I’m the primary Vice-Chairperson and this coming September I’m going to breathe invested because the country wide Chairperson of the government Council of the Society. That day i'll clock 60 and that i will furthermore launch my booklet on Forensic Accounting, titled: ‘Forensic Auditing within the Nigerian Public Sector.’ at the moment, I’m working in the Audit carrier fee of Lagos state, so it is apt to Come back out with the sort of e-book at this aspect in time.

experience working in distinctive ministries and departmental companies

previous to my appointment with Lagos state executive, i was with the solid of Coopers and Lybrand till 1987 once I grew to become an Audit Supervisor, then I went to a service provider Financial institution, as a Deputy manager and rose to the spot of Senior supervisor in the bank. From there, I went to a private hospital to become the executive Director, Finance and Administration till 2002 after I got here into the Lagos state civil service as an lieutenant Director state Treasury office.

As head of Documentary debts arm of the state Treasury workplace, i used to breathe in cost of Lagos state Domiciliary money owed and international trade Transactions. i was the head and commerce manager of the cash management module of the Oracle monetary 11i free up of Lagos state world Computerisation assignment.

As a woman with remarkable eyes for details, I made large designate downs and recuperation from banks and fiscal institutions on behalf of the state executive in extra of N400million, which earned me a letter of commendation from the Lagos state Head of carrier in appreciation for my efforts.

As Deputy Director of bills with the Ministry of Financial Planning and finances, i used to breathe made the pinnacle Accountant for the 12 months 2008 Lagos economic pinnacle and a member of the Finance Sub-committee. I got a letter of appreciation for my efforts.

As Deputy Director of money owed with Lagos state govt, fitness provider commission, i used to breathe in cost of the fiscal actions of 24 government Hospitals scattered consummate over Lagos State.

pastime in forensic accounting

When i used to breathe working with Lagos state government, as a result of my ardor for this job, I got drawn to Forensic Accounting. The Institute of Chartered Accountant placed an advert within the dailies to train the primary set of Forensic Accountants and that i applied to spin into a Forensic Accountant. I enrolled for the Forensic Accounting Certification Programme which become co-backed with the aid of the health provider commission and Ministry of establishment & working towards. I went for the practicing, (the Institute collaborated with American Institute of Forensic Accountant to train us then) courtesy of Lagos state govt. To the glory of God, i was the best female that certified after the training and that i grew to breathe the first licensed forensic female Accountant within the complete public provider in Nigeria as an entire.

Fond memories of as civil servant in Lagos

when I came into the Lagos state civil service, I made it typical in my utility that I’m coming in so as to add cost and to the glory of God I did exactly that, as a result of not lengthy after I got here in, i used to breathe capable of conclude several assignments on my very own which ended in the recovery of over N400 million into the coffers of Lagos state government. These are monies realised from Lagos state exposure to banks and monetary institutions, i was able to seem into their statements, their present letters and execute comparisons to observe the spot the banks own been overcharging, charging unnecessary expenses and the agreed charges don't seem to breathe complied with and this led to the recovery of such a major amount of cash.

This undertaking earned me a letter of commendation from the then Head of provider in Lagos state. as a result of my potential to own eyes for particulars, mainly in debt administration and verification, i used to breathe posted to so many ministries within the state: i used to breathe in state Treasury office, and then i was moved to Ministry of Financial Planning and funds, then to the fitness carrier commission. When i was in the Ministry of economic Planning and funds, i used to breathe the Director of Account in cost of the Lagos Financial pinnacle which become an immense success. within the fitness service fee i used to breathe the Director of accounts, in suffuse of the debts of 24 hospitals scattered in every sole spot the state, which I took time to visit to breathe able to determine their issues in an endeavor to exploit them. Then i used to breathe transferred to the Ministry of physical Planning and concrete development, there, i was the Director of Account of a “analyze Tour of Dubai and Singapore” which was undertaken by one hundred officers of Lagos state government and it turned into successful. Then I came again to the state Treasury office then from there i was given a unique chore to enter the academics establishment and Pensions workplace. sarcastically, it turned into the present governor of Lagos state, Mr. Akinwunmi Ambode who was the Accountant everyday in the state Treasury workplace then that despatched me on this assignment because of the self credit he had in me, as a aim-getter and a person who can convey. So I went into the establishment and changed into furthermore in a position to shop a lot of money for the state.

As soon as I resumed there, I determined that they are not going to utilize the digital fee however reasonably challenge individual cheque with a purpose to permit me assess the authenticity and genuineness of those pensioners making the declare. Even beyond that, the collision between bankers’ public and insider within the institution, i used to breathe able to raze into it and understand members of team of workers that were involved in the fraud. You might breathe stunned that americans that in no route lived in Lagos were given identification card of pensioners to recur and execute claims, they were caught and Lagos state government undertook the process to bring them to justice. furthermore privately, I notified consummate the bankers that other than the affirmation letters, I should breathe notified before the cost of any cheque. That furthermore helped as a result of by the point they own been doing affirmation with me, cheques in excess of millions that they did not even write, my signature and that of the everlasting Secretaries own been cast and they were able to cease them. So in teachers institution and Pensions workplace i was able to fight fraud. Then i was furthermore moved to the schooling Ministry from there, the spot I learnt lots, it was while i was in the ministry that Governor Babatunde Raji Fashola then appointed me as a everlasting Secretary consummate through his tenure.

In one other construction, out of a complete of seventy six pensioners slated for arrears of pension, most effective 16 pensioners ended up getting paid. The sum of N9,291,639.29 become saved for govt.

a allotment of the measures I set in spot to fight fraud became notifications to banks to carry out verbal affirmation of cheques in addition to written bank affirmation letter from the ministry. This ended in the discovery of unauthorised and faux Financial institution affirmation letters in recognize of cheques to the tune of N5million that own been subsequently no longer honoured with the aid of the bank.

Painstaking interior verification exercise by my team ended in the invention of a fraudulent personnel that became exceeded over to breathe investigated through the state chore favor on the directive of the state Accountant standard.  The danger to my lifestyles via this group of workers ended in his being investigated with the aid of the state Intelligence Bureau (SIB) on the directive of Head of service. Due technique is being followed to convey him to ebook.

On my retirement as a permanent Secretary, i was again re-appointed through Governor Akinwunmi Ambode as a Commissioner in the Audit service fee, a newly based commission and a purposeful one. The state is the only state that own complied with the movement by means of the federal executive that each one states of the federation may still has an Audit carrier fee with its own audit legislation as neatly as the implementation of the legislation by establishing a functional Audit carrier commission by appointing a md and contributors of the fee.

So the commission is in suffuse of consummate auditors in Lagos state government, breathe it external auditors or inner auditors and that they file directly to the governor. The fee is accountable for auditing coverage considerations to the Lagos state government. And we've had lot of activities due to the fact they came in, certainly retreat and periods which might breathe a sterling suggestion to the auditors within the state. consummate these are being geared to help provider delivery within the enviornment of auditing within the state. Auditors are to breathe certain that ministries are not operating negatively that they're going in the correct direction and are following prescribed laid down guidelines and rules, as stipulated either in extant legal guidelines or circulars of the state executive and the fee is doing very neatly in this area.

hazards of the job

These aren't challenges as such as a result of challenges to me are stepping stones to better heights. I may grasp into account when i used to breathe moved to the lecturers institution and Pensions office and they directed that they aren't the usage of electronic fee but Somewhat concern particular person cheques. I consummate started receiving threatening calls warning me that I shouldn’t carry out any verification that if I are attempting it they are going to assassinate me. there were issues about my defense and protection notably as a woman at the time. but I did not permit that to deter me, I nonetheless went forward with the verification activity and it was a large success.

Managing work, being balance

I’m married to a wonderful and an figuring out husband who's a medical doctor and he gave me consummate of the imperative serve which I needed at the moment. Their marriage is blessed with 4 marvelous children, two women and two boys, some are married. definitely I’m chuffed to let you know that I’m a arrogant grandmother.

ardour for mentoring

I faith in mentoring. as far as this occupation is involved, I even own some people that I lookup to. I even own some female Accountants that I’m practicing to develop into consultants so far as this career is concerned. aside from my organic children, I furthermore own another toddlers that I’m sponsoring their training, at this time they're within the secondary faculty and that i intend sponsoring them to the tuition stage.

life’s philosophy

I believe that with God in your side, coupled with complicated labor and dedication that you may conclude exploits. I consider so a whole lot within the energy of God with tough work, now not even the sky is your limit.

rest routine

I at consummate times disappear for early morning activity, i'm going to the gym, i esteem cooking, analyzing a worthy deal.

ultimate keep for prospective women accountant

As girls they ought to recognise that they are in a male-dominated labor environment. They need to recollect that girls own herbal occurrences, which may furthermore not breathe as a result of their making; they pick up pregnant, disappear on maternity leave but that shouldn’t avoid their attending to the true. ladies own super talents and they own the drift to pick up to the sound if given the preempt assist. They ought to additionally ensure equality in wages and consider of succession route for girls.


Forensic accounting essential to anti-corruption crusade – specialists | actual questions with brain dumps

Oyetunji Abioye

The affiliation of certified Fraud Examiners has advised the Federal government to supervene forensic accounting principles in the ongoing battle against corruption in the country.

The President, ACFE, Mr. Godwin Oyedokun, who advised the executive to preserve the anti-corruption campaign, argued that the commerce community and the nation would improvement immensely from the efforts.

He spoke at an anti-fraud/corruption seminar organised through the association in Lagos.

He referred to, “Fraud examiners are certainly expert with a balanced approach in fraud prevention, detection and deterrence. They could execute their odds and talents purchasable to prosecute fraud if called upon.

“they could furthermore insinuate executive/deepest corporations on the a considerable number of types of exploit mechanisms to set in vicinity to sustain away from fraud. it's less complicated to avoid fraud than to detect it when it has occurred”

in keeping with Oyedokun, there's the should establish a gadget that can deal with deprave matters and offenders.

He, however, pointed out, “there's an imperative need to establish particular courts for the affliction of fraud circumstances for speedy disposal of fraud concerns and to sustain away from delays. As they understand, lengthen defeats equity. Corruption situations own not been handled in a major method.”

The community Head, inside Controls and Audit, OandoPlc, Mr. Godwin Eko, celebrated forensic accountants might assist in the fight against corruption however brushed aside the theory of importing skilled forensic accountants to join in fishing out deprave individuals.

Eko talked about, “We should study how to supervene forensic accounting information in guaranteeing the integrity of Financial plan. If they execute unavoidable the integrity of Financial statement, the enterprise will no longer die.

“In Nigeria, they don't accept as sound with forensic accounting suitable in the combat towards corruption. Their lifestyle here is importing every thing.”

The Deputy Director, Operations, economic and monetary Crime fee, Mr. IlliyasuKwarbai, debunked the claims that the anti-graft company was focusing most effective on govt officers within the clampdown on deprave men and women.

He referred to, “We additionally focused on private sector but the topic is that we're concentrating greater on executive officers, who've looted billions; who own funds in their suffuse however diverted it into private use.”

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native CPA Earns licensed Forensic monetary Analyst Title | actual questions with brain dumps

Robert W. Askey, CPA, CFE announced that he has successfully completed the certification process with the National Association of Certified Valuation Analysts (NACVA) to  merit his designation of Certified Forensic <a href=Financial Analyst (CFFA)."/>HOLLYWOOD, Md. (Nov. 17, 2008)—Robert W. Askey, CPA, CFE announced that he has correctly achieved the certification procedure with the national association of licensed Valuation Analysts (NACVA) to merit his designation of certified Forensic Financial Analyst (CFFA).

The certified Forensic monetary Analyst credential is designed to deliver assurance to the company and criminal communities—the simple clients of economic forensic consulting capabilities—that the designee possesses a degree of suffer and odds deemed acceptable through the affiliation to give ready and skilled forensic Financial consulting capabilities, in response to NACVA's Chief government Officer, Parnell Black.

necessities to merit the licensed Forensic economic Analyst designation embrace being the holder of one of NACVA's two company valuation credentials (certified Valuation Analyst or approved Valuation Analyst) or a comparable credential comparable to a CPA, or an superior degree (masters stage) in economics, accounting or finance, or company administration.

in addition to demonstrating proof of tremendous consulting adventure, CFFA applicants should additionally finished intensive training in anybody of the five areas of specialization (fiscal litigation, forensic accounting, company and intellectual property damages, enterprise fraud-deterrence, detection, and investigation, or matrimonial litigation assist) provided through the country wide association of certified Valuation Analysts' Forensic Institute and Consultants' working towards Institute and pass a comprehensive examination.

"specialized working towards and certification in the areas of fraud detection and forensic accounting at the flash are necessary equipment of their exchange," celebrated Askey. "existing Financial circumstances coupled with primary greed and man's want for monetary survival require that they breathe thoroughly knowledgeable in these areas to fight what is normally a surge in incidents of thefts and embezzlements into the near future."

CRFA Certified Forensic Accountant (CRFA)

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Edmonton Restaurateur Elected Chair of eating places Canada | actual questions with brain dumps

February 25, 2018 12:30 ET | source: restaurants Canada


Toronto, Feb. 25, 2018 (GLOBE NEWSWIRE) -- eating places Canada (previously CRFA) is restful to broadcast that Patrick Saurette, proprietor/operator of The Marc restaurant in Edmonton, is the brand novel Chair of the Board for 2018-2019. He was elected on the affiliation’s annual meeting these days.

Saurette and his wife and company companion Doris opened The Marc in 2010, a miniature French bistro that has received many awards and has been on several top-quality restaurant lists.

As Chair of eating places Canada, Saurette will oversee probably the most country’s greatest trade associations, representing 30,000 organizations in an industry that at once employs greater than 1.2 million Canadians and serves over 18 million consumers every day.

“As an impartial restaurateur, Patrick will deliver large cost to the association,” says Shanna Munro, president and CEO of restaurants Canada. “with his leadership, we're in first rate palms to proceed to prolong the attain, relevance and influence of eating places Canada across the country on behalf of their members.”

lots like one in five youths today, Saurette began working in the hospitality enterprise at age 16, working with a catering enterprise serving miniature family gatherings, large corporate events and a ton of weddings.

He labored in lots of independent restaurants in Edmonton, Toronto and Kelowna through the years. His on-the-job working towards changed into a regular apprenticeship from the numerous European-informed mentors who imparted their esteem and admire of hospitality each day. He considers chef Claude Buzon to breathe an early mentor.

In 1993 he begun with il Portico Restaurant neighborhood where he grew to breathe an operating companion and helped construct an Edmonton institution. When the group offered the property and closed the restaurant in 2008, Saurette and his spouse determined to open The Marc.

“eating places feed the soul of their nation with superb hospitality,” says Saurette. “when they labor collectively, they will consummate share in making their commerce enhanced, greater and extra resilient.”

Saurette first joined the restaurants Canada Board of directors in 2008 and is one in every of 30 directors from across Canada. These commerce leaders volunteer their time for the betterment of Canada’s restaurant and foodservice business.

eating places Canada (formerly CRFA) is a growing neighborhood of 30,000 foodservice groups, together with restaurants, bars, caterers, associations and suppliers. They join their individuals from coast to coast, via services, research and advocacy for a robust and luminous restaurant industry. Canada’s restaurant commerce serves 18 million customers every day, and without retard employs 1.2 million Canadians.

 observe TO EDITORS: a photo and bio of Patrick Saurette is obtainable here.





a photo accompanying this announcement is obtainable at


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Andrew Speller restaurants Canada 416-649-4254 Andrew Speller eating places Canada 416-649-4254

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substantial majority of restaurant owners “very concerned” about bank card fees: CRFA | actual questions with brain dumps

Canadian restaurateurs are annoyed by using towering and perplexing bank card charges, in keeping with the effects of a Canadian Restaurant and Foodservices association (CRFA) survey launched October 21.

The survey discovered that ninety three% of CRFA individuals are “very involved” about increasing bank card transaction costs. Respondents stated they create the costs difficult to breathe mindful and unpredictable, with seventy two% asserting they don’t own in judgement how they're calculated. They were furthermore annoyed by means of the indisputable fact that fees were applied to the total can suffuse of the meal, including sales taxes and server suggestions.

“credit card fees in Canada own spiralled out of manage and at the flash are among the many highest on this planet,” celebrated CRFA president and CEO Garth Whyte.

“certainly there’s an issue when banks and credit card agencies are making as a whole lot cash on a restaurant transaction because the restaurateur is.”

bank card charges collected on income tax within the restaurant trade solitary add up to $forty million per yr for banks and bank card businesses, the CRFA referred to.

The survey furthermore create that 79% of restaurant homeowners instruct the costs own a major influence on their backside strains.

The CRFA is once once more calling on the federal government to alter these charges.

“We got an exceedingly robust response from their participants on this situation, and the message is stentorian and clear:  it’s time for Canada to rein within the Wild West of top class credit card expenses,” Whyte mentioned. “Many other countries own already taken regulatory motion.”


Noninvasive process is superior to steroid injection for painful knee osteoarthritis | actual questions with brain dumps

For patients with osteoarthritis of the knee, a minimally invasive technique referred to as cooled radiofrequency ablation (CRFA) provides better ache reduction and useful growth in comparison to steroid injection of the knee, concludes a study in Regional Anesthesia & ache drugs.

"This resolve demonstrates that CRFA is an excellent long-term therapeutic alternative for managing pain, and improving physical duty and first-class of existence, for patients affected by painful knee osteoarthritis when compared with intra-articular steroid injection," based on the clinical affliction record via Leonardo Kapural, MD, PhD, of the core for medical research, Winston-Salem, N.C., and colleagues.

Most patients pick up Lasting aid of Knee Osteoarthritis ache with CRFA

Knee osteoarthritis is a measure and painful situation in older adults. Knee replacement surgical procedure is a longtime option for patients with superior osteoarthritis, but isn't preempt for consummate patients because of age or health popularity. Even patients who own knee alternative can furthermore own ongoing ache, despite a routinely satisfactory prosthesis. Intra-articular (within the joint) steroid injection is frequently carried out, but provides most effective short-time term pain reduction. furthermore, steroids may additionally own hostile effects on cartilage over time

Dr. Kapural and colleagues evaluated CRFA as a substitute for steroid injection in 151 patients with inveterate pain from knee osteoarthritis. The patients had had knee ache for an average of about ten years, with many previous remedies. They were randomly assigned to undergo CRFA or steroid injection.

The noninvasive CRFA method makes utilize of radiofrequency energy to interrupt pain transmission via a selected nerve (genicular nerve) of the knee. before the system, a native anesthetic nerve bury is performed to verify that numbing the genicular nerve reduces the affected person's knee ache. Cooled radiofrequency ablation is carried out on an outpatient basis, with native anesthesia and minimal sedation.

patients present process CRFA had large and lasting reduction in ache rankings. From an prefatory ache ranking of about 7 on a 10-aspect scale, ache scores at one month were about 3 within the CRFA group versus four in the steroid community.

With additional follow-up, pain ratings remained reduce within the CRFA neighborhood while expanding toward the pre-medicine even in the steroid neighborhood. At six months, 74 p.c of patients assigned to CRFA had at least a one-half reduction in ache scores, compared to sixteen percent of those undergoing steroid injection.

Forty percent of patients in the CRFA community rated their knee feature "ample" at six months' comply with-up, compared to simply three % of the steroid group. Ninety-one % of the CRFA community felt their daily fitness had more desirable, compared to 24 % in the steroid community.

sufferers undergoing CRFA had greater discount in the utilize of well-known, non-opioid pain medicinal drugs. There changed into no significant change in opioids, which own been used by a minority of patients in each companies. there own been no serious treatment-related adverse pursuits in both neighborhood.

The results insinuate that CRFA provides "clinically meaningful" ache discount and purposeful improvement in sufferers with knee OA, with superior and longer-lasting development than steroid injection. Dr. Kapural and colleagues route longer comply with-up to determine consequences at 12 months and past. They note that pain can furthermore recur because the treated nerve regenerates; in that case, repeating the CRFA technique is a "cost effective and sensible" alternative.

The authors keep some barriers of their examine at, including the undeniable fact that the outcomes weren't assessed in "blinded" fashion. They additionally imply more concentrated reviews to observe if CRFA can reduce the need for opioid ache medications. Dr. Kapural and coauthors conclude, "nonetheless, the findings of this examine point out that CRFA for genicular nerve ablation is advanced to a sole corticosteroid injection in osteoarthritic topics for management of knee ache."

determine further: Weighing nonsurgical medication alternate options for knee osteoarthritis ache

extra tips: Tim Davis et al. prospective, Multicenter, Randomized, Crossover clinical affliction evaluating the safeguard and Effectiveness of Cooled Radiofrequency Ablation With Corticosteroid Injection within the administration of Knee pain From Osteoarthritis, Regional Anesthesia and ache medicine (2017). DOI: 10.1097/AAP.0000000000000690

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