ACCT620

This class is designed to explore the principles and techniques required to prevent and detect fraud in the financial reporting system. Students will be introduced to tools that will enable them to understand the risks associated with ineffective internal control, industry issues, and remoteness of information factors and complexity of business transactions that would create a greater risk of fraud. Students will examine different fraud prevention and detection procedures
and the impact on both the reporting and auditing process. ln addition, this course will help students l) understand and apply the fraud triangle, 2) be aware of the types of fraud schemes that exist and the red flags that indicate their presence, 3) obtain knowledge of techniques that can be used to detect fraud, and 4) understand the importance of evidence preservation and its use in court. The integration of ethics and managerial responsibility pertaining to integration of
an effective internal control system throughout the reporting process will be infused throughout the curriculum.