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.
This graduate course is 6 weeks.
This course has a prerequisite. Please see details in the Prerequisite section below.
Attendance and participation are mandatory in all university courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
Topics and Objectives
Introduction to Fraud and Forensics
- Define fraud, forensics, the Fraud Triangle (Motivation or Pressure, Opportunity or Perceived Opportunity, and Rationalization) and the civil and criminal legal systems.
- Distinguish between the three general types of fraud (fraudulent financial statements, asset misappropriation and corruption) and various forms of the general types of fraud (e.g. overstating assets and revenue, embezzlement and bribery, etc.)
- Synthesize how ethics and fraud are related.
Financial Statement Manipulation
- Explain various ways financial statement fraud is committed.
- Devise methods for detecting and investigating financial statement fraud.
- Assess the impact of financial statement fraud on the organization.
- Explain various ways conversion is committed.
- Devise methods for detecting and investigating conversion.
- Assess the impact of conversion on the organization.
- Explain various ways corruption is committed.
- Devise methods for detecting and investigating corruption.
- Assess the impact of corruption on the organization.
Advanced Topics in Fraud Investigation
- Design strategies to analyze data used in assessing fraud.
- Apply interviewing techniques when investigating fraud.
- Compare and contrast the impacts of fraudulent financial statements and corruption on the organization.
Controlling Fraud and the Global Impact of Fraud
- Survey methods organizations can utilize to reduce the risk of fraud.
- Describe ways of reporting fraud.
- Assess opportunities for a career in fraud investigation.
- Explain the impact of fraud on the U.S. and global economy.
A prerequisite is required for this course. The purpose of a prerequisite is to ensure students have the knowledge and/or skills needed to be successful in the course. Students are required to provide proof of prerequisite during the enrollment/registration process. To meet to a course prerequisite requirement, a student must have successfully completed the prerequisite course at University of Phoenix, provide proof via transcript of completing a comparable course (at least 75% match) or higher level course with at least a grade of C at another institution or have a University of Phoenix approved Student Appeal on file with the University.
This course requires the prerequisite below. Click on the prerequisite course to review the course topics and objectives.
ACC/421 – Intermediate Financial Accounting I or equivalent
This graduate level course requires proof of completion of a Bachelor's degree. Be prepared to provide documentation during the checkout process.
During the checkout process you will be prompted to provide proof of the requirement(s). If you completed the prerequisite at another institution be prepared to upload an official/unofficial transcript. If you have questions about meeting the prerequisite requirements for this course please contact an enrollment representative at 866-345-1800.
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.
If you have a question please contact us at 866-345-1800.