ACCT 231 - Forensic Accounting

Number of Credits: 3
Explore the specialty practice area of accounting that uses accounting skills to investigate fraud or embezzlement. Evaluate how forensic accountants, also called investigative accountants, perform analyses of financial information and collect evidence for use in civil or criminal legal proceedings. (Fall & Spring Only) Three hours lecture each week. Three Credits. Three billable hours.

Pre-requisite(s): eligibility for ENGL 101 , plus ACCT 102
Course Objectives: Upon successful completion of this course, students will be able to:
1. Explain the roles, responsibilities and requirements of a
forensic accountant in fraud engagements in the context of legal
proceedings, including business valuation, dispute resolution and
litigation services. (PG# 1)
2. Summarize fraud prevention, risk management and fraud
detection. (PG# 4)
3. Identify financial fraud through a mock fraud audit, including
the investigation and engagement process, evidence collection,
and examination. (PG# 2)
4. Research recent fraud cases.
5. Interpret instances of financial statement fraud, including,
violations of the Sarbanes-Oxley Act. (PG# 1)