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Forensic Accounting

Unit code: HBC345N

Credit points12.5 Credit Points
Contact hours36 Hours
CampusHawthorn, Sarawak
PrerequisitesHBC225N Auditing
CorequisitesNil

Aims and objectives

At the completion of this unit, students will be able to:
  • Understand and describe the nature and purpose of sound internal control as a proactive fraud prevention measure
  • Investigate and explore the nature, types and symptoms of fraud
  • Explore and apply the principles of forensic auditing
  • Understand and apply the concepts of ethical behaviour to the detection of fraud
  • Prepare and present a researched forensic auditing topic to the class in order to demonstrate public speaking skills
  • Work collaboratively in a team environment, both within and outside the classroom, to achieve set goals related to the building of knowledge of forensic auditing

Teaching methods

Lectures (2 hours), Tutorials (1 hour)

Assessment

Group Assignment (20%), Individual Presentation (10%), Group Presentation (10%), Examination (60%)

Generic skills outcomes

The graduate attributes which relate to this unit help to produce graduates who are:
  • Capable in their chosen professional, vocational or study areas
  • Entrepreneurial in contributing to innovation and development within their business, workplace or community
  • Effective and ethical in work and community situations
  • Adaptable and able to manage change
  • Aware of local and international environments in which they will be contributing (eg socio-cultural, economic, natural)

Content

  • Nature and objectives of a forensic audit
  • Motivations for fraud
  • Fraud prevention
  • Recognising the symptoms of fraud
  • Types of fraud
  • Legal framework to forensic auditing

Reading materials

There are several suitable texts available. A suitable new edition of a text will be chosen and recommended when the unit is about to be delivered. The current auditing standards will also be a recommended text.