Course Syllabus
The Nature of Fraud
• Seriousness of the Fraud Problem
• Meaning of Fraud
• Types of Fraud
Who Commits Fraud and Why?
• Profiling the Fraudsters
• Elements of Fraud – Pressure, Opportunity and Rationalization
• Theory of Fraud
• Recognising the Symptoms of Fraud
Financial Statement Fraud
• The Problem of Financial Statement Fraud
• Why These Problems Occurred
• Nature of Financial Statement Fraud
• A Framework for Detecting Financial Statement Fraud
Revenue and Inventory-Related Financial Statement Frauds
• Revenue-Related Fraud
• Inventory and Cost of Goods Sold Frauds
Liability Fraud
• Ways to Manipulate Liabilities
• Identifying Understatement of Liability Fraud Exposures
• Detecting Understatement of Liability Fraud Symptoms
• Proactively Searching for Symptoms Related to the Underreporting of Liabilities
Asset Fraud
• Identifying Asset Overstatement Fraud
• The Slippery Slope of Earnings Management
• Identifying and Actively Searching for Asset Overstatement Fraud Symptoms
Inadequate Disclosure Fraud
• Kinds of Disclosure Fraud
• Detecting Inadequate Disclosure Fraud
• Symptoms Related to Overall Misrepresentation about the Company or Its Assets
• Disclosure Fraud Related to Financial Reports and Financial Statement Footnotes
Asset Misappropriations
• Theft of Cash through Larceny
• Theft of Cash through Skimming
• Cash Theft through Fraudulent Disbursements
• Theft of Inventory and Other Assets
Fighting Fraud
• Fraud Prevention
• Fraud Detection
• Fraud Investigation
• Follow-Up Legal Action
• Seriousness of the Fraud Problem
• Meaning of Fraud
• Types of Fraud
Who Commits Fraud and Why?
• Profiling the Fraudsters
• Elements of Fraud – Pressure, Opportunity and Rationalization
• Theory of Fraud
• Recognising the Symptoms of Fraud
Financial Statement Fraud
• The Problem of Financial Statement Fraud
• Why These Problems Occurred
• Nature of Financial Statement Fraud
• A Framework for Detecting Financial Statement Fraud
Revenue and Inventory-Related Financial Statement Frauds
• Revenue-Related Fraud
• Inventory and Cost of Goods Sold Frauds
Liability Fraud
• Ways to Manipulate Liabilities
• Identifying Understatement of Liability Fraud Exposures
• Detecting Understatement of Liability Fraud Symptoms
• Proactively Searching for Symptoms Related to the Underreporting of Liabilities
Asset Fraud
• Identifying Asset Overstatement Fraud
• The Slippery Slope of Earnings Management
• Identifying and Actively Searching for Asset Overstatement Fraud Symptoms
Inadequate Disclosure Fraud
• Kinds of Disclosure Fraud
• Detecting Inadequate Disclosure Fraud
• Symptoms Related to Overall Misrepresentation about the Company or Its Assets
• Disclosure Fraud Related to Financial Reports and Financial Statement Footnotes
Asset Misappropriations
• Theft of Cash through Larceny
• Theft of Cash through Skimming
• Cash Theft through Fraudulent Disbursements
• Theft of Inventory and Other Assets
Fighting Fraud
• Fraud Prevention
• Fraud Detection
• Fraud Investigation
• Follow-Up Legal Action
Frequently Asked Questions
Q1 : Can I get the certificate upon completion of the course?
A1 : Yes, of course, you will be rewarded with a certificate of completion.
Q2 : How to complete the course?
A2 : You have to fulfill all continuous assessments and final examinations.
Q3 : Is the course requires knowledge of other disciplines?
A3 : It is value-added if you can integrate knowledge from various disciplines.
Q4 : Who should enroll the course?
A4 : Any persons who love to learn about fraud examination and accounting.
Q5 : What are the most difficult topics in the course?
A5 : Depends on the student because different students have different abilities.
Q6 : What is the nature of fraud?
A6 : In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victim.
A1 : Yes, of course, you will be rewarded with a certificate of completion.
Q2 : How to complete the course?
A2 : You have to fulfill all continuous assessments and final examinations.
Q3 : Is the course requires knowledge of other disciplines?
A3 : It is value-added if you can integrate knowledge from various disciplines.
Q4 : Who should enroll the course?
A4 : Any persons who love to learn about fraud examination and accounting.
Q5 : What are the most difficult topics in the course?
A5 : Depends on the student because different students have different abilities.
Q6 : What is the nature of fraud?
A6 : In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victim.