Mar 28, 2024  
2022-2023 Catalog 
    
2022-2023 Catalog [ARCHIVED CATALOG]

ACCT 210 - Forensic Accounting


PREREQUISITES: ACCT 101 - Financial Accounting  
PROGRAM: Accounting
CREDIT HOURS MIN: 3
LECTURE HOURS MIN: 3
DATE OF LAST REVISION: Fall, 2014

Introduces the fundamental principles, techniques, and tools of forensic accounting. The development and use of proactive and reactive fraud auditing including audit committee and liability-related issues: investigative decision making for prevention, detection, investigation, and reporting of fraud.

MAJOR COURSE LEARNING OBJECTIVES: Upon successful completion of this course the student will be expected to:

  1. Discuss the responsibility of accountants to recognize and investigate fraud within an organization.
  2. Develop the tools to both detect and prevent possible fraudulent behavior by using financial data.
  3. Understand what types of fraud are most common, and use their knowledge of criminal behavior conduct interviews with employees of companies and other people involved in the possible fraud.
  4. Explain some of the legal aspects pertaining to identification and prosecution of fraud.
  5. Apply various techniques to explore substantive analytical procedures and to assess the risk of financial statement fraud.
  6. Use various interview and principles techniques in detecting evidence of fraud.
  7. Identify theft, the insider threat locating digital evidence, working with the data and presenting investigative findings.
  8. Review examples of cyber-crimes, research relevant current events.
  9. Identify best practices when conducting an investigation.
  10. Describe how to use ethical-decision making to meet the challenges of the professional and business environment.
  11. Communicate effectively using correct Standard English, both orally and in writing by completion of papers, projects and/or presentations.


COURSE CONTENT: Topical areas of study include -  

  • Nature of Fraud
  • Inquiry Methods and Frauds Reports
  • Overview to Fighting Fraud
  • Financial Statement Fraud
  • Preventing Fraud
  • Revenue - and Inventory Frauds
  • Recognizing the Symptoms of Fraud
  • Inadequate Disclosure Fraud
  • Data-Driven Fraud Detection
  • Consumer Fraud
  • Investigating Theft Acts and Concealment
  • Bankruptcy, Divorce, and Tax Fraud
  • Conversion Investigation Methods
  • Fraud in E-Commerce

 
Course Addendum - Syllabus (Click to expand)