Fraud Examination – ACCT 654

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020

Course Description

This course provides an overview of the field of fraud examination, and discusses potential techniques to prevent fraud.


ACCT 511 and ACCT 531 and (BMAL 590 or Meets BMAL590 / 27 hrs in BUSI with a score of 3)


Accountants who practice in both public and private sectors have a fiduciary responsibility to ensure the accuracy of organizations’ financial statements. One of the most important goals of an accountant is maintaining the public’s trust in the accuracy of those financial statements. Recognizing the “red flags” of fraudulent activities and implementing fraud prevention and detection measures are crucial to the accomplishment of this goal.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

  1. Describe the difference between forensic accounting, fraud examination, and auditing and identify the skills expected for each.
  2. Explain the sources of U.S. law and how they relate to investigations.
  3. Describe how to evaluate and obtain assurance for information security/internal controls.
  4. Indicate the different ways in which occupational fraud is detected and how detection relates to enterprise risk management.
  5. Outline the fraud investigation process using the fraud theory approach.
  6. Define the four types of evidence related to an investigation.
  7. Describe the verbal and nonverbal cues of interviewed subjects and the hidden meanings they can convey.
  8. Describe the various structures of interview questions and the reasons these structures are used or avoided.
  9. Explain the legal standards for expert testimony to be admitted into court.

Course Assignment

Textbook readings and lecture presentations

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.

Discussion Board Forums (5)

Discussion boards are collaborative learning experiences. Therefore, the student will participate in 5 Discussion Board Forums, each spanning across 2 modules/weeks. In the first module/week, the student will submit a thread directly addressing the forum prompt in 500–800 words. The thread must include at least 3 sources and integrate at least 1 biblical principle. In the following module/week, the student will submit a meaningful reply to the thread of at least 1 classmate. The reply must be 275–400 words and include at least 1 source. All Discussion Board Forum posts must adhere to current APA format.

Individual Learning Project Proposal

The student will submit an Individual Learning Project Proposal. The project requires the analysis and evaluation of an organization’s financial reporting process and the related internal controls. The Proposal must be 1½–3 pages in addition to the title page, references, and exhibits and must include at least 2 sources in addition to the course textbook and the Bible. The assignment must be in current APA format.

Individual Learning Project

The student will submit an 8–10-page research paper in current APA format based on the proposal submitted prior in the course. The final project requires further analysis and evaluation of an organizations financial reporting process and the related internal controls. The paper must include at least 8 sources in addition to the course textbook and the Bible. A biblical application must be included.

Exams (2)

The student will complete 2 exams based on the Hopwood textbook and other materials required in this course. Each exam is open-book/open-notes and contains 25 multiple-choice and true/false questions. The student will have a time limit of 1 hour and 15 minutes to complete each exam.