MBR517 - Forensic Accounting Issues for Research Projects

Credit Points: 20

Workload: 60 contact hours

Prerequisite: None

Co-requisite: N/A

Aims & Objectives

This unit explores some of the key research opportunities in forensic accounting, with particular attention to emerging research issues in business analysis and valuation, data driven fraud detection, financial statement fraud and fraud reporting. The unit also considers the Theft and Concealment act as a framework for forensic accounting research.

Learning Outcomes

At the completion of this unit students should be able to:

  1. Explain and apply the principles, practice and process of forensic accounting and fraud examination.
  2. Solve forensic accounting and fraud examination cases.
  3. Understand the risks of fraud and plan accounting systems to minimise fraud.
  4. Understand the links between corporate governance and risk management.
  5. Apply accounting and other models to the valuation of businesses.
  6. Evaluate current and future forensic accounting and fraud examination issues.

Assessment

Textbook and Reference Materials

Albrecht, W.S., Albrecht, C.O., Albrecht, C.C., and Zimbelman, M.F., (2018), Fraud Examination (6th edition). Cengage Learning.

Graduate Attributes

MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:

Ability to communicate Independent and Lifelong Learning Ethics Analytical and Problem Solving Cultural and Global Awareness Team work Specialist knowledge of a field of study

Legend

Levels of attainment Extent covered
The attribute is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations.
The attribute is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations.
The attribute is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations.
The attribute is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by activities such as lectures or tutorials.
The attribute is not considered, there is no theory or practice or activities associated with this attribute.