Previous knowledge of accounting and financial statements.
Learning outcomes
Upon successful completion of this course the students should be able to:
To analyze situations where fraud is more likely to occur
Understand how the types of fraud described in the auditing standards occur and how they can be detected.
Develop the skill to make ethical decisions in the business world that reflect both technical competency and ethical awareness.
Use the principles from moral philosophy and the guidance provided in the Accounting Standard’s conceptual framework to avoid fraudulent decision making.
Discuss the impact of political, social, legal, regulatory, and environmental issues on the accounting professional and the fraud environment.
Course contents
The prevention and detection of financial statement fraud poses great ethical challenges for business professionals today. When fraud occurs in a company, management has made the decision to do the wrong thing. By considering the various ways fraud is committed students will develop skills useful in preventing and detecting fraud. Students also develop business competencies in critical thinking and problem-solving skills from both an industry and an economic perspective.
Teaching methods
Lecture and class discussion.
Examination requirements
Approved compulsory assignments. More information in Canvas.
Assessment methods and criteria
4-hour written in-school examination which comprises 100% of the final grade. Letter grades.
Due to grade requirements for state authorised public accountants, a regular examination will be held both autumn and spring.
Evaluation
The study programme manager decides, in cooperation with student representative, the form of student evaluation and whether the course is to have a midway or end of course evaluation in accordance with the quality system for education, chapter 4.1.