SYLLABUS FOR Forensic Accounting
Term:
Summer, 2005 (042) May
9 – July 25
Course
Number: ACC 475
Instructor: Mr.
George Grzesiowski MBA/CPA
Assistant
professor, Accounting & Management
Program
Director, Business Programs
Office Phone: 219-473-4283
E-mail: ggrzesiowski@ccsj.edu
Home Phone: (219) 362-1696
Home
E-mail: grzz@csinet.net
Cell: (219) –
716-5002
Day
|
Times
|
|
Monday |
5:30 – 6:30 pm |
|
Wednesday |
5:30 – 6:30 pm |
Course Time: Monday 6:30 – 10:00PM
Course Description:
This course
reviews strategies and tactics essential to the fraud examination process. Students should have a basic knowledge of
accounting. The course guides the
student into specialized applied settings, indicative of forensic
accounting. Coverage includes: financial statement analysis, interpretation
and scrutiny of financial records and documentation, trace techniques,
reporting irregularities, fraud examination approaches, legal rules and
statutory construction pertinent to accounting practices. Common fraud cases are reviewed such as
bankruptcy, insurance, employee/employer reporting, covert examinations,
trading practices, and money laundering schemes.
Textbooks: Fraud Examination, Albrecht, 2nd edition, Thomson/Southwestern, 2006.
Pocket Calculator
Since your learning is my
primary concern, it is imperative that anything preventing you from learning be
discussed. Please feel free to make an
appointment with me or call me so that I can help you keep on track.
Class Policy on Attendance:
Attendance in class is an important
priority. Accounting is a course that
continues to build on the knowledge gained.
It is not possible to understand and grasp the fundamentals being taught
in later chapters unless the earlier chapters have been mastered. Missing classes will impede your progress.
Your class participation
grade will be affected by attendance. If
you are not here, you are not participating.
Class begins at 6:30PM. Lateness
is disrespectful and will affect your participation points.
Class Policy for Assignments:
Students are
expected to have read the chapter prior to the lecture. Each chapter will be explained and
discussed. Concepts will be illustrated
by working selected demonstration problems in class. Selected problems will be assigned as
homework. Homework problems will be
checked in class. I will check your
working papers for completion. Late
homework will be assessed a 50% late penalty.
Student Responsibilities:
Exams will be essay and take
home. Answers must be typed.
All students no
matter what their educational background, life/work experiences, have something
to offer that will enrich our class. As
instructors, we not only encourage participation, but also rely on it. As students, you should demand it, not only
of yourselves, but also of your classmates.
Our class is only as good as we make it.
Classroom Behavior
The student is
expected to treat the instructor and his/her fellow students with respect and
courtesy at all times. This means giving
full attention. No private
conversations, no catching up on homework assignments, no naps. Such items can and will affect your
participation grade.
Learning Outcomes/ Competencies:
Students in this course will:
·
Have developed
the analytical competencies to understand the application of accounting
procedures, statements, and systems to the measurement of the financial
well-being of organizations.
·
Define fraud.
·
Identify controls
that prevent or detect fraudulent behavior.
·
Describe
different approaches to fraud investigation.
·
Conduct proactive
fraud auditing.
·
Recognize and
understand analytical symptoms of fraud.
·
Identify how
fraud is detected by analyzing financial statements.
·
Know how to
coordinate an investigation using a vulnerability chart.
·
Perform discovery
sampling to obtain documentary evidence.
· Demonstrate the capability to critically and reflectively engage ethical issues in accounting and criminal justice, particularly questions of social responsibility and professional practice.
Assessment:
Exams (2 exams) 50%
of grade
Class
participation/attendance 10%
of grade
Cases 40%
of grade
100%
Grading Scale:
A: 92-100 A-: 90-91
B+: 88-89
B: 82-87 B-:
80-81 C+: 78-79
C: 72-77 C-: 70-71 D+: 68-69
D: 62-67 D-: 60-61
F: 59 & below
Center for Academic Excellence:
Tutoring
assistance is free to all students of Calumet College of St. Joseph. Call the
Center for Academic Excellence (CAE), to make an appointment at 473-4287. The
Center has experienced and well-trained tutors in most subject areas to help
students who are struggling in a course or who are doing well and would like to
do better. Regular weekly tutoring sessions are likely to improve your grade.
Statement of Plagiarism:
If an instructor or other
Calumet College of St. Joseph personnel find that a student has plagiarized or
been involved in another form of academic dishonesty, the instructor or other
personnel may elect to bring the matter up for judicial review. The maximum
penalty for any form of academic dishonesty is dismissal from the College. The
procedures for judicial review are listed under the section of CCSJ handbook
that addresses student grievances. (Academic Planner 2001/2002 p.27)
Citation Guidelines:
Calumet College of
St. Joseph adheres to citation guidelines as prescribed by the particular
discipline (i.e., MLA, APA, and Chicago Manual of Style or Turabian.). All of these guidelines are available in the
Calumet College of St. Joseph library or bookstore. These texts outline how to cite references
from a variety of sources, including electronic media.
Withdrawal from Classes Policy:
After the last day
for class changes has passed (see College calendar), students may withdraw from
a course in which they are registered with permission from the faculty member
conducting the course. A written request detailing the reason(s) for the
withdrawal must be filed with the Registrar. Written request for withdrawal
must be received by the Registrar by the last day of classes prior to the final
examination dates specified in the catalogue. Written requests may be mailed to
the Registrar or faxed to the College fax number 219-473-4259. Students are to
make note of the refund schedule when withdrawing from courses. The request is
forwarded to the faculty member, who makes the final determination to accept or
deny the request. If the request is honored, the student will receive
notification of official withdrawal; if denied, the notification will indicate
why the withdrawal is disallowed.
An official
withdrawal is recorded as a "W" grade on the student's transcript.
Dropping a course without written permission automatically incurs an
"F" grade for the course (see Refund Schedule).
Week Class Date Topic-Assignment
1
5/9 Introduction,
Chapter 1
The Nature of Fraud
2
5/16 Chapter
2, Who Commits Fraud
Chapter 3, Fighting Fraud, an Overview
3
5/23 Chapter
4, Preventing Fraud
Chapter 5, Recognizing Symptoms of Fraud
4
5/30 Memorial Day, No class
5
6/6 Chapter
6, Approaches to Detecting Fraud
Chapter 7, Investigating Theft Acts
Exam
1 Assigned (chapters 1 – 7)
6
6/13 Chapter
8, Investigating Concealment
Chapter 9, Conversion Investigation Methods
Exam
1 due
7
6/20 Chapter
10, Inquiry Methods and Fraud Reports
Chapter 11, Financial Statement Fraud
8
6/27 Chapter
12, Revenue and Inventory-Related Frau
Chapter 13, Liability, Asset, and Inadequate Disclosure
9
7/4 Fourth of July, No Class
10
7/11 Chapter
14, Consumer Fraud
Chapter 15, Fraud against Organizations
11
7/18 Chapter
16, Bankruptcy, Divorce, and Tax Fraud
Chapter 17, Fraud in E-commerce
Exam
2 assigned (chapters 8 – 17)
12
7/25 Chapter
18. Legal Follow-up
Exam 2 due