ACC 410 - Forensic Accounting and Fraud Examination

Description: Introduction to the world of fraud detection and deterrence, providing a solid foundation in core concepts and methods for both public and private sector environments. Aligned with the National Institute of Justice (NIJ) model curriculum, this course provides coverage of asset misappropriation, corruption, and fraud.

Prerequisites: Program admission. ACC 131 , ACC 132 , BSA 131 , CSA 110 , ECN 232 , and ECN 236 

Recommended preparation: ACC 234  and BSA 237 

Credits: 3
Lecture: 3
Lab: 0

Course Content:

1. Introduction to forensic accounting and fraud examination
2. The profile and psychology of the fraudster
3. Legal, regulatory, and professional environment
4. Cash receipt schemes and other asset misappropriations
5. Cash disbursement schemes
6. Corruption and the human factor
7. Financial statement fraud
8. Fraud detection: red flags and targeted risk assessment
9. Evidence-based fraud examinations
10. Effective interviewing and interrogation
11. Using information technology for fraud examination and financial forensics
12. Complex frauds and financial crimes
13. Cybercrime
14. Antifraud and compliance efforts

1. Demonstrate the knowledge and skills required to perform forensic accounting services. (1, 2)
2. Evaluate issues relating to professional ethics and responsibilities in forensic accounting. (3)
3. Integrate knowledge of relevant legal principles, rules, and processes with forensic accounting practice. (3, 9, 10)
4. Assess types of fraud activity and methods of fraud prevention, detection, and response, including bankruptcy fraud. (4-6, 8)
5. Evaluate digital forensic techniques and their application to various types of computer crimes. (11, 13)
6. Evaluate techniques used to prevent and detect fraudulent financial reporting. (7, 8, 12, 14)