400

This course provides an in-depth study of fraud auditing, which is the process of detecting, preventing, and correcting fraudulent activities. It examines the many components of fraud, such as the human element, organizational behavior, evidence, and standards of proof. The course provides bases for distinguishing actual fraud from human error and offers an intensive study of The Sarbanes-Oxley Act and The Statement on Auditing Standards No. 99, passed in 2002.

This course includes a capstone experience involving the four major fields of fraud examination: financial transactions, fraud investigation, criminology and ethics, and legal elements of fraud. In order to complete the assignments in this course, students must transfer knowledge and skills developed in the other courses in the forensic accounting curriculum. Students perform complex investigative assignments and analyses using real life examples. Students apply forensic accounting interrogation and interviewing techniques.

This course reviews managerial accounting concepts and methods that are used in management decision making. Topics discussed include systems of cost accumulation, budgeting, standard costs and direct costing. The course also integrates material from accounting with economic analysis, quantitative methods, cost-volume profit analysis and profit performance.

This is an intensive course dealing with financial accounting and reporting for business combinations, mergers, consolidated financial statements, branch office accounting, foreign currency transactions, equity method of reporting investments, translation of financial statements of foreign affiliates, segment reporting and interim reporting, fund accounting and accounting for governmental units, corporate reorganization and liquidation, and other specialized areas are covered.

This course explores the auditing environment and auditing objectives. Auditing theory and practice, the ethics of the accounting profession and diversified techniques of auditing are integrated into class discussions. Procedures for auditing the income statement and the balance sheet are emphasized. The importance of independence and other aspects of the code of professional ethics, legal liability and internal control are discussed.

This course is an advanced study of the essential concepts and assumptions under-lying accounting theory and practice. Major aspects of the historical development of accounting theory are reviewed. Special emphasis is placed on an analysis and evaluation of the current status of Generally Accepted Accounting Principles (GAAP) as well as issues facing the accounting profession. The course involves a study of the content and implications of the literature of the profession contained in Financial Accounting Standards Board (FASB) pronouncements. Attention is given to regulatory bodies, and their influences, such as the Securities and Exchange Commission (SEC).

This course focuses on the fundamentals of computer fraud prevention and detection. Timely real-world auditing cases, readings, and computerized management information systems are thoroughly analyzed. Concepts and postulates of information technology on the audit process as they relate to forensic accounting are covered in depth. Key areas of potential computer risk are identified, including operations, data management, systems development, system maintenance, electronic commerce, and computer operations. A fully functional version of Audit Command Language (ACL) provides students with hands-on audit experience.

This course provides a detailed examination of audit sampling and internal control. Students learn to apply audit sampling to the audit of sales, cash receipts and accounts receivable. Concepts and postulates with respect to the effects of information technology on the audit process are covered in depth. Key areas of potential computer risk are identified, including Operations, Data Management, Systems Development, System Maintenance, Electronic Commerce, and Computer Operations. The issues most relevant to the auditor's assurance responsibilities in each of these risk areas are developed. A fully functional version of Audit Command Language (ACL) provides students with hands-on audit experience.

This capstone course provides students with the opportunity to use their accounting skills to analyze and evaluate real-world problems. During the first part of the course, students acquire a strong systematic approach to performing professional research. In the second part of the course, student teams choose a firm that has been involved in recent accounting scandal and examine the firm’s financial reporting before and after the scandal. Based on this information, as well as understanding GAAP and ethical conduct in business, each team reports and presents their findings.