FORENSIC ACCOUNTING

ACC3FOA

2019

Credit points: 15

Subject outline

Forensic accounting involves applying specialist accounting knowledge and investigative skills in the areas of litigation support and fraud examination. This subject focuses on the fraud examination aspects of forensic accounting. It aims to develop your knowledge of key theoretical and conceptual aspects of fraud examination. In this subject, you will develop an understanding of the nature of fraud, different types of fraud, approaches to fraud prevention, methods of fraud detection, and key elements of fraud investigations.

School: La Trobe Business School

Credit points: 15

Subject Co-ordinator: Lachlan McDonald-Kerr

Available to Study Abroad Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: ACC2CRE

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
Discipline SpecificFraud Examination (6th Edition)PrescribedAlbrecht, Albrecht, Albrecht and Zimbelman (2019)Cengage Learning

Graduate capabilities & intended learning outcomes

01. Explain and interpret the underlying concepts and functions of forensic accounting and fraud examination.

Activities:
Students will undertake necessary readings, attend lectures and take notes. Students will also attend tutorials and prepare answers to pre-tutorial questions. Students will consolidate and expand this knowledge during tutorials, which will review the theory components and the practical application of the theory.
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

02. Discuss the nature of fraud and analyse the different approaches to reducing fraud.

Activities:
Students will undertake necessary readings, attend lectures and take notes. Students will also attend tutorials and prepare answers to pre-tutorial questions. Students will consolidate and expand this knowledge during tutorials, which will review the theory components and the practical application of the theory.
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

03. Describe and interpret approaches to detecting and preventing fraud and fraud schemes.

Activities:
Students will undertake necessary readings, attend lectures and take notes. Students will also attend tutorials and prepare answers to pre-tutorial questions. Students will consolidate and expand this knowledge during tutorials, which will review the theory components and the practical application of the theory.
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

04. Discuss and evaluate financial statement fraud.

Activities:
Students will undertake necessary readings, attend lectures and take notes. Students will also attend tutorials and prepare answers to pre-tutorial questions. Students will consolidate and expand this knowledge during tutorials, which will review the theory components and the practical application of the theory.
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

05. Analyse fraud against organisations, consumer fraud and fraud in the e-commerce environment.

Activities:
Students will undertake necessary readings, attend lectures and take notes. Students will also attend tutorials and prepare answers to pre-tutorial questions. Students will consolidate and expand this knowledge during tutorials, which will review the theory components and the practical application of the theory.
Related graduate capabilities and elements:
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)

Melbourne, 2019, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Lachlan McDonald-Kerr

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"Students are to attend the lecture each week."

TutorialWeek: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.
"Students are to attend one tutorial each week."

Assessments

Assessment elementComments%ILO*
One Mid-semester Test (In-Class) (500-word equivalent)Individual assessment.2001, 02, 03
One Individual Written Assignment (1,000-word equivalent)Individual assessment.2003, 04, 05
One 3-hour Final Examination (3,000-word equivalent)Individual assessment.6001, 02, 03, 04, 05