School of Business ACC/556 Version 3 Forensic Accounting
Copyright © 2009, 2008 by University of Phoenix. All rights reserved.
352.567.1821 (EST) Course Description
Facilitator: Jessica Wilder firstname.lastname@example.org (UOPX) email@example.com (Personal)
In this course, students are introduced to the conduct of fraud examinations, including a discussion of specific procedures used in forensic accounting examinations and the reasoning behind these procedures. Topics include an overview of fraud and abuse, forensic evidence, substantive procedures for cash outflow irregularities, substantive procedures for asset irregularities, financial statement fraud, and examination reporting. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum.
University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Louwers, T. J., Ramsay, R. J., Sinason, D. H., & Strawser, J. R. (2007). Auditing & assurance services. (2nd ed.). New York, NY: McGraw-Hill. Mulford, C. W., & Comiskey, E. E. (2002). The financial numbers game: Detecting creative accounting practices. New York, NY: Wiley. Silverstone, H., & Sheetz, M. (2007). Forensic accounting and fraud investigation for non-experts. (2nd ed.). Hoboken, NJ: Wiley. Singleton, T. W., Singleton, A. J., Bologna, G. J., & Lindquist, R. J. (2006). Fraud auditing and forensic accounting. (3rd ed.). Hoboken, NJ: Wiley. Wells, J. (2005). Principles of fraud examination. Hoboken, NJ: Wiley All electronic materials are available on the student website.
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Week One: Overview of Fraud and Abuse
Objectives Overview of Fraud and Abuse Readings Identify the impact of occupational fraud and abuse on the organization. Describe U.S. governmental oversight of accounting fraud and abuse. Define categories of corruption. Assess the types of accounting evidence.
Readings Read the section Fraud Examination Methodology (Ch. 1) of Principles of Fraud Examination. Read Ch. 10 & 14 of Principles of Fraud Examination. Read Ch. 4 of The Financial Numbers Game: Detecting Creative Accounting Practices. Read Ch. 13 of Fraud Auditing and Forensic Accounting.
Participation Participate in class discussion 4 out of 7 days during the week with at least 2 responses each day. Please feel free to look over the articles posted each week in the Materials forum. They are excellent. Respond to weekly discussion questions. DQ-1: How can undetected fraud or accounting abuse affect a company? DQ-2: Explain any ethical implications in detecting fraud and abuse. Individual Assignment: Internal Accountant’s Report to Management You are the internal accountant at a company that is preparing for an upcoming government contract bid. Management is deciding if it is necessary to perform a full financial status review prior to the bid. As an internal accountant, prepare a report for management with the following: o Section I: The impact of occupational fraud and abuse on the company o Section II: U.S. governmental oversight of accounting fraud and abuse and its affect on the company o Section III: Potential corruption schemes (4) to be aware of within the company Format your paper according to APA standards of no more than 1050 words. Please organize your paper according to the week 1 grading rubric specifications. TOTAL POINTS FOR THE WEEK
2 DAY 2 DAY 4 DAY 7 15