PRINCIPLES OF FRAUD PREVENTION AND DETECTION

Catalog description

Pre -requisite: CONT 3006. Introduction to the principles of fraud prevention and detection. The purpose of this course is to understand the reason why people commit fraud. The course focuses on the basis elements, definitions and concepts. The main types of occupational fraud, including misappropriation of assets in companies in its various forms, corruption along with fraud in the financial statements are defined and discussed. The process of investigation and resolution of possible fraud allegation are studied. The internal control systems the organizations can use to help them prevent and detect are also discussed. In addition, there is a discussion of cases and common fraud patterns.