FRAUD AUDITING (4 Credits)

Learning Outcomes:

Describe fraud examination methodology; Identify problems fraudulent financial schemes; Demonstrate action to prevent and detect financial fraud including the use of IT; Recognize symptoms and fraud investigating method; Demonstrate techniques to reveal financial statement fraud; Explain the resolution and legal follow up of fraud.

Topics:

1. The Nature of Fraud;
2. Who Commit Fraud and Why?;
3. Fighting Fraud: An Overview;
4. Preventing Fraud;
5. Recognizing the Symptoms of Fraud;
6. Data-Driven Fraud Detection;
7. Investigating Theft Acts;
8. Investigating Concealment;
9. Conversion Investigation Methods;
10. Financial Statement Fraud;
11. Revenue and Inventory Related Financial Statement Frauds;
12. Liability, Asset, and Inadequate Disclosure Frauds;
13. Fraud Against Organizations;
14. Consumer Fraud;
15. Bankruptcy, Divorce, and Tax Fraud;
16. Resolution of Fraud.