ACC 562 Detection and Prevention of Fraudulent Financial Statements
This second course in forensic accounting and fraud examination explores the various types of fraud and the impact of fraud on the financial information presented. The focus is on common fraud schemes and scams. Students review, detect, and investigate possible financial statement fraud by addressing topics including income smoothing, off balance sheet financing, fictitious sales/revenue, and understatement of liabilities. Techniques will be used to explore substantive analytical procedures to assess the risks of financial statement fraud.