Forensic Accounting and Fraud Detection

Catalog description

This course provides an overview of occupational fraud including misappropriation of assets, financial statement fraud and corruption as well as other forensic accounting engagements such as tax fraud and matrimonial disputes. The course will explore the characteristics of specific fraud schemes along with the characteristics of those who perpetrate them (according to the Annual Report to the Nations compiled by the Association of Certified Fraud Examiners). Students will acquire an understanding of the generally accepted accounting principles violated by the schemes. Students will become versed in the principles of internal control over the financial reporting system including how these principles work to deter financial fraud and ensure compliance with external requirements. Relevant guidance from the professional, regulatory and legal environment will be discussed. Prerequisite(s): B ACC 211.