This course is an introduction to the field of fraud examination, giving an overview of the general fraud examination methodology and fraud theory approach and outlining the basics – including criminology related to fraud.
Students learn how and why accounting fraud is committed, how fraudulent conduct can be deterred, and how allegations of fraud should be investigated and resolved. After completing the overview, students can select a special interest track for further study, such as healthcare fraud.
Introduction to Financial Criminology
The course introduces major categories of financial crime and the legal procedures that are frequently relevant to fraud accounting work. Both criminal and civil procedures are covered.
The curriculum covers forensic investigation techniques and provides insight regarding documentary and interview evidence, in order to teach the techniques necessary to build evidence in a fraud case and to conduct a successful interview.
This course is an integration of accounting, auditing and fraud investigative skills. Through case studies, students analyze documents, evaluate internal controls and trace funds to resolve accounting irregularities – with an emphasis on fraudulent financial reporting.
Additional topics include indirect methods of reconstructing income, litigation support (computing commercial and economic damages) and business valuation.