ACC6150
Forensic Accounting
This course explores the complex field of forensic accounting and fraud examination, offering a fundamental basis and examining the psychological and behavioral characteristics of individuals who commit fraud. The subject matter encompasses a broad spectrum of fraudulent activities, including embezzlement, bribery, and manipulation of financial records, while also considering the applicable laws and regulations. Students will acquire proficiency in sophisticated detection methods, employ information technology tools for the purpose of financial forensics, and cultivate expertise in conducting interviews and collecting evidence. The course provides a comprehensive examination of cybercrime and provides students with the knowledge for positions in litigation advisory services, with a specific emphasis on advising, damage assessments, and expert testimony.
PREREQUISITE: ACC6130 – Financial Statement Analysis
UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:
- Acquiring a comprehensive understanding of the fundamental ideas and underlying concepts of forensic accounting and fraud examination.
- Examining the psychological characteristics and motivations of persons who engage in fraudulent activities, gaining insights into the identities and reasons behind their fraudulent behavior.
- Acquiring the skills to effectively navigate the complex legal, regulatory, and professional landscapes that influence forensic accounting techniques.
- Classifying various fraudulent schemes, such as cash-receiving schemes and financial statement fraud, and comprehending their mechanisms and consequences.
- Identifying and assessing different fraudulent schemes involving cash disbursement and comprehending prevention strategies.
- Investigating the Relationship Between Corruption and Human Factors in Fraud. Analyzing the influence of human factors and corruption on fraudulent actions within organizational settings.
- Employing fraud detection techniques: Utilizing focused risk assessment methods to uncover indicators of fraudulent behavior.
- Acquiring and performing comprehensive fraud examinations using a scientific approach based on evidence.
- Acquiring effective interviewing and interrogation techniques.
- Employing information technology and digital tools to enhance the efficiency and efficacy of fraud examinations and financial forensics.
- Analyzing intricate fraud scenarios and financial crimes to improve investigative techniques and reactions.
- Acquiring knowledge about fraudulent activities in the digital realm, encompassing techniques for identifying and averting cybercrime.
- Formulating antifraud and compliance strategies by understanding the significance of ethics, prevention, and deterrence in formulating effective antifraud strategies and compliance initiatives.
- Developing an understanding of consulting, providing litigation support, and serving as an expert witness, which involves doing assessments of damages and valuations.
- Identifying the process of resolving issues, providing remedial services, and offering guidance on legal tactics to tackle the consequences of financial fraud.