Principles of Fraud Examination & Financial Forensics ((4 Credits))

Catalog description

This course introduces the principles of fraud examination and financial forensics as an oversight process for the private and public sector as well as not-for-profit-organizations. Students learn the fundamental tools and knowledge of fraud examination and fraud taxonomy using actual real-world fraud cases, research studies and educational materials provided by the Association of Certified Fraud Examiners. Emphasis is placed on understanding the causes of fraud, criminology theories, the investigation process including interviewing techniques and preparation for fraud trial, prevention of fraud, and resolution techniques. Students consider the financial impact of fraud, organizational culpability of fraud, disciplinary mechanisms and ethical standards. This course covers in its components professional ethics and social responsibility, research and communication skills in business. This course might be of particular interest to students pursuing concentrations in Criminal Justice as well as Accounting or any business or related discipline. The course satisfies business and professional ethics and social responsibility, and communication guidelines. This course is cross listed with ACCT-3035. This course was previously BME-213404 Principles of Fraud Examination and Financial Forensics. Prerequisites: Knowledge gained through experience or courses in the following subjects: Financial Accounting (through a course such as Introductory Accounting; The U.S. legal system (through a course such as Legal Environment of Business 1 or Introduction to Criminal Justice or Introduction to Law and the Legal System); human behavior (through a course such as Introduction to Psychology, Criminology or Deviance and Social Control).