Assignment: Forensic Accounting
COURSE LEARNING OUTCOMES
1. Examine the basic concepts related to fraud, including environment, impact, and the methodologies related to fraud examination.
2. Examine the employment opportunities, roles, and skill set for fraud examination and financial forensic specialists.
3. Analyze the theories related to crime causation, the essence of crime, organizational environment conducive to crime, and ethical issues related to fraud.
4. Examine different types of organizational illegal activities, including cybercrimes and the impact to the organization.
5. Examine the legal and regulatory environment related to fraud and financial crimes.
6. Analyze the processes related to fraud detection, including the responsibilities of management and auditors, assessing the organizational environment, and detecting and investigating fraudulent activity.
7. Examine the components of fraud investigation, including interviewing and interrogation and using information technology in the investigative process.
8. Examine fraudulent cash receipts and disbursement schemes.
9. Examine the human factors related to corruption and how understanding these factors can facilitate the fraud prevention and deterrence process.
10. Analyze key aspects of financial statement fraud, including types of fraud and the ways it is committed.
11. Analyze the aspects related to litigation support and expert witness in the fraud investigation process.
12. Use technology and information resources to research issues in forensic accounting.
13. Write clearly and concisely about forensic accounting issues using proper writing mechanics.
• e-Activity
o Visit the Website for the Association of Certified Fraud Examiners, to review the career paths for fraud examiners. Be prepared to discuss.
• Activity
o Read the following articles on the Internet and other related articles regarding the Enron Case:
- Reinstein, Alan and Thomas Weirich, "Accounting Issues at Enron, The CPA Journal, December 2002.
- Eichenwald, K., and Henriques, D.B. "Enron's Many Strands: The Company Unravels; Enron Buffed Image to a Shine Even as It Rotted From Within." New York Times, February 10, 2002.
• e-Activity
o Read the following articles on the Internet and other related articles regarding the Bernie Madoff case:
- Jason Zwweig, "How Bernie Madoff Made Smart Folks Look Dumb," Wall Street Journal, December 13, 2008.
- Liz Moyer, "Sec to Probe its Oversight of Madoff." Forbes, December 16, 2008.
• e-Activity
o Review the article on the Sarbanes-Oxley Act of 2002.
• e-Activity
o Research the Internet and identify a company that was a victim of expense reimbursement schemes or multiple reimbursement schemes. Be prepared to discuss.
• e-Activity
o Research the Internet and identify a company that was a victim of expense reimbursement schemes or multiple reimbursement schemes. Be prepared to discuss.
Attachment:- Guideline.rar