AC 3040 - Forensic Accounting

Credits: 3.00 credits.

Forensic Accounting utilizes accounting, auditing, and investigative skills to conduct an examination into a company’s financial statements. It is a specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation. This course will introduce the learner to the concept of accounting fraud. It combines solid accounting principles with fraud detection and prevention techniques. The prevalence of financial statement manipulation in recent years is reviewed and analyzed. The topic of ethics and the breakdown thereof in relation to the frauds perpetrated will also be discussed. Prerequisites & Notes AC 2060 - Intermediate Accounting II or permission of the dean.