Unit Code: ACC705

Unit Name: Forensic Accounting and Fraud Investigation

Description: Forensic accounting is an integration of accounting, auditing, and investigative skills within any organisation in response to potential fraudulent activity. This is an area of the accounting profession which is gathering heightened awareness and increasing focus in recent years. The phenomenon can be directly related to the increase in corporate collapses globally resulting in litigations thus demanding pro-active management of potential fraudulent activities. Only few organisations have thus incorporated forensic accounting to be part of their corporate governance strategy to combat fraud and corruption.The unit examines inadequacies in organisation control systems, assessment of risk factors and adoption of effective and efficient forensic accounting investigation techniques in these situations. Students will analyse and investigate fraudulent activities and litigation cases as part of their assessments. Materials in the unit focus on corporate losses and failures, and responsibilities of the forensic accountant in investigating the role of fraudulent activities in these areas.

Learning Target Outcomes:

Prerequisite: ACC601

Prerequisite Sentence: N/A

Credit Point: 16

Offered In: Semester 1