FORENSIC ACCOUNTING AND FRAUD EXAMINATION (4 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: LO1 – define forensic accounting and fraud examination methodology; LO2 – identify problem regarding fraudulent scheme; LO3 – explain procedures to prevent and detect fraud including the use of IT; LO4 – recognize symptoms and fraud investigation method; LO5 – demonstrate techniques to reveal financial statement fraud; LO6 – illustrate resolution and legal follow up of fraud.

Topics:

1. The Nature of Fraud;
2. Who Commits 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. Legal Follow-Up.