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ACCT 563

Fraud Auditing
Name: Fraud Auditing
Course Number: ACCT 563
Credit(s): 3

Course Description

ACCT 563 Fraud Auditing delves into the methodologies for responding to the risk of fraud within the professional practice of auditing. In particular, this course explores fraud auditing approaches, techniques, and tools to respond to the risk of fraud in core business systems, emphasizing risk assessment, data mining, and audit procedures designed to locate and identify fraud scenarios. 

Learning Outcomes:

  • Learn scientific methodologies that allows auditors to discover fraud versus investigating it.
  • Learn the varying degrees of fraud concealment sophistication and how to create a fraud audit program.
  • Develop proficiency in locating fraud through the use of data mining.
  • Learn and apply audit procedures using the authenticity principle versus the evidence principle for designing test procedures.

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