FORENSIC ANALYSIS BOOTCAMP

Description

The Forensic Analysis Bootcamp is an 8-week deep-dive into forensic equity analysis, featuring a 90-minute Zoom workshop each week.

This course is a slightly modified version of the training delivered to some of the largest and top-performing institutions globally - clients like Baillie Gifford, Schroders, Wellington Management and a $50bn hedge fund which is one of the largest, consistent and most successful in the world (but doesn't want to encourage others to copy its advantages so I am not allowed even to tell you their name).

The content includes extensive use of real-life case studies and covers stocks spanning a wide range of sectors and regions. Here is just some of what you’ll learn:

• Why understand creative accounting, and why now
• Bad actors and case studies
• Issues with recognition of revenue
• How companies manipulate expenses and inflate profits
• How to detect shenanigans in a systematic way
• How to spot balance sheet issues
• Weaknesses of the cash flow statement and issues
• Tools and ratios to help your analysis

After taking this course, you will have the forensic mindset and techniques needed to do world-class equity research. All you need to do is apply them. 

Forensic accounting lets you go deeper and find investing angles that others miss.

By using the lessons and techniques in this training, you can:

✅ Gain an analytical edge in the markets.

✅ Avoid big losers at work and in your personal account.

✅ Do world-class research that gets you noticed.

✅ Get more of your ideas, long and short, selected by portfolio managers.

✅ Be seen as a top analyst in your team, firm or sector.

What our students say:

"Stephen Clapham has created an excellent course on forensic accounting that mixes inputs from academic research with practical cases from investing experience. This course, together with his coaching, is excellent for deepening an investor's knowledge of accounting, especially at a time of increased accounting complexity."

Maxime le Floch, Hermes Investment Management

"With the Forensic Analysis Bootcamp, Behind the Balance Sheet developed a very compelling approach to provide valuable insight into how to avoid investment mistakes, even for seasoned analysts. I enjoyed it very much and highly recommend it!”

Rolf R, buy-side analyst, Zurich

"I spent more than 15 years as a sell-side analyst and I wish I had done Steve’s course at the start of my career. In fact, it should be mandatory for anyone responsible for analysing companies and their accounts."

Chris, Former sell-side analyst, London

"Valuable course detailing the multitude of ways companies manipulate their accounts. It has provided me with a useful framework for how to approach a set of accounts and the key red flags to look out for. I would recommend it to any serious financial analyst."

Andrew Fargus, Vintage Asset Management, Investment Manager

"I had the pleasure of being part of Forensic Analysis Bootcamp. Steve did a fantastic job of curating detailed material, laid out the course incrementally clearly emphasizing salient learnings and guided all of us through really deep accounting material deftly with well-considered examples from real-life companies to illustrate and bring home the point he was teaching us. I found the live sessions very engaging and educative to enhance our understanding of accounting including nuances around GAAP/FRS etc.

I found him very knowledgeable, wonderfully relaxed in engagement style and optimized the whole experience for learning. He was even kind enough to offer us additional sessions to ensure our grasp of the material was good and answered any questions that were raised.

I would highly recommend anyone wishing to deeply understand forensic accounting check out this course as an option to see if it fits their needs."

Bala Thiruppanambakkam, Private Investor, Califormia

“An enjoyable and insightful course that instils a healthy sense of skepticism and helps clarify the complex to enable better investment decisions”

Richard Machen, Equity Analyst, Border to Coast Pensions Partnership

"If you're serious about managing downside risk in your portfolio, this is the course for you. Full of practical advice and tools that you can apply from day one."

Roman, Credit Analyst, Japan

Sign up today!