Description: Detection and prevention of financial statement fraud and other forms of business fraud. ACCT 461 and ACCT 561 are layered courses; students may not receive credit for both.
Prerequisites: Prerequisites: a grade of C or higher in ACCT 351 and admission to the accounting major AND completion of the College of Business Foundation courses (ACCT 251 and ACCT 252 and BUS 221 and BUS 241 and MATH 153 or MATH 154 or MATH 170 or MATH 172 or MATH 173 and ECON 201) with a minimum C- grade in each course and a minimum collegiate GPA of 2.25..
Be able to explain each element of the fraud triangle
Be able to identify the types of fraud from different scenarios
Be able to interview an individual suspected of fraud and request a signed confession
Be able to properly collect and preserve fraud examination evidence for trial