Forensic Audit Course
This course provides an overview of forensic auditing and fraud examination. Students will develop an understanding of fraud in business, the circumstances in which fraud arises, and techniques for detecting, measuring, preventing, and deterring fraud. Emphasis is placed on the development of practical skills for conducting interviews, interrogations, and communications with key stakeholders involved in fraud cases, such as organizational management, individuals under investigation, law enforcement, and regulatory bodies. The course also integrates basic data analytics to enhance students' ability to identify and investigate fraudulent activities through the analysis of financial and non-financial data.
Sample Overall Learning Objectives:
1.Understand the definition of fraud, including fraud within the organization and fraud against the organization.
2.Understand assurance and advisory responsibilities related to fraud detection, investigation, prevention, and deterrence.
3.Identify common fraud schemes and red flags, analyze potential fraud scenarios, and evaluate employee training programs to mitigate risks and enhance internal controls.
4.Explain electronic fraud prevention, detection, and investigation techniques, including the use of data analytics and other emerging technologies, such as artificial intelligence (AI).
5.Develop effective communication skills essential for conducting fraud interviews, interrogations, and litigation procedures; supporting management, regulatory bodies, and law enforcement; and promoting organizational compliance.