This course systematically approaches fraud detection and deterrence concepts relative to forensic accounting. It addresses what fraud is and how it is committed, detected, and deterred. The course is based on the three main categories of occupational fraud and abuse:
- Asset misappropriation
- Fraudulent statements
Students will complete case studies and problem assignments that often require calculations to derive numerical solutions. Discussions and written assignments will challenge them to think critically about conceptual and technical issues covered in the course.
Course Learning Objectives
- Discuss fraud examinations as differentiated from auditing, including concepts and techniques for detecting and preventing skimming.
- Demonstrate mastery of fundamental fraud detection and prevention techniques as related to cash larceny, billing schemes, check tampering, and payroll schemes.
- Apply fraud detection and prevention techniques to expense reimbursement schemes, register disbursement schemes, non-cash assets, and corruption.
- Evaluate fraudulent financial statement schemes using fraud detection and prevention concepts and techniques such as financial statement analysis.
- Apply fraud detection and prevention concepts and techniques to interviewing witnesses and occupational fraud and abuse.