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FORENSIC ANALYSIS BOOTCAMP

FORENSIC ANALYSIS BOOTCAMP

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • Delivered Online

  • Intermediate level

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!

Frequently Asked Questions

  • Who is this training for?

    Professional and private investors who want to improve their investing skills.

  • Who is this training not for?

    This training is only suited to people who have some experience analysing financial statements. If you aren’t comfortable with accounts yet, you will be better served by my online course How To Read A Balance Sheet for now.

  • What do I get in the course?

    ✅ 8 x 90 minute workshops on Zoom to build your knowledge and skills (classes are on Mondays from 18:00-19:30 GMT)

    ✅ Recordings of each group class for you to rewatch and dip into whenever you need

    ✅ Curated supporting material and exercises to cement and apply your learning

    ✅ A student forum where you can discuss lessons, make connections and ask any questions (answered by Steve)

    ✅ FREE access to my online course on analysing financial statements, How To Read A Balance Sheet (worth £399)

    ✅ Limited spots, so you get the most out of this learning experience

  • Who is the tutor?

    Steve Clapham has 25 years of experience as an equity analystat different investment banks, covering various sectors, and was consistently rated in the top 10 in his sector in Extel, I and Reuters surveys. He moved to the buy-side in 2005 and was a partner and head of research at two multi-billion dollar hedge funds; he specialised in using a deep dive research approach to identify special situation opportunities.

    In 2018, Steve started Behind The Balance Sheet, an investment training consultancy that runs forensic accounting courses for institutions like Schroders and Baillie Gifford.

    Steve is regularly in the press, in the UK's Investors Chronicle, on City AM and on the Today programme on BBC Radio 4, talking about accounting issues at quoted companies.

    In 2020, Steve's book, The Smart Money Method, How to Invest Like a Hedge Fund Pro, was published by Harriman House and immediately went to #1 slot in Investing on Amazon in the UK and US. It has been enthusiastically received by professional and amateur investors.

  • When does the course start and finish?

    This edition of the Forensic Analysis Bootcamp runs from Monday, October 2nd 2023 to Monday, Nov 20th 2023. The live Zoom workshops will take place from 18:00-19:30 UK time every Monday. This corresponds to 13:00-14:30 New York time, so it’s still convenient!

  • How long do I have access to the course?
    How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like - across any and all devices you own.
  • What happens if I miss a live workshop?

    To get the most out of this course, we recommend attending every class live. If you can’t make a class for personal or work reasons, full recordings of each lesson will be available.

  • Will my employer reimburse me?

    If you are a professional analyst, there is a high chance that your employer will reimburse you for this training. Email info@behindthebalancesheet.com for an email template you can use to make your case.

  • Is there a team option?

    As well as being fun, learning with your colleagues means you’ll all be on the same page regarding forensic analysis. Plus, you can work together and apply the lessons to live situations in your portfolio. For team orders of 3 or more analysts, please get in touch.

  • How can I ask questions?

    You will have an opportunity to ask questions in each of the live sessions. There is also an exclusive community where you can ask questions and interact with your fellow students not only during the 8 weeks but on an ongoing basis.

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