|FFFE 330||Financial Information Analysis||S||3 SH|
|This course will cover financial statements as a whole, including the MDA, CDA, the notes (disclosures) and other pertinent information contained in a full set of Financial Statements. Topics that will be covered are the relationship between the components, such as management's plans for the future, and how to analyze that information based on the financial data, current trends in the various national and international capital markets, cost of capital analysis, and financial analysis as it specifically relates to audit and fraud practices. Students will also be require to research companies in the SSEC and PCAOB
data bases for current issues or investigations the company may be undergoing, and analyze how to potential outcomes may affect the financila position of the company (Cross-listed as ACCT 330). Prerequisites: ACCT 324 or permission of the instructor.
|FFFE 425||White Collar Crime Investigations||S||3 SH|
|Whether the investigation is a preliminary procedure for fraud detection/prevention, there are established procedures that are required for courts of law. The course covers the process of evidence collection and preservation for white collar criminal investigations. The course is an overview of the investigative process and its various components including all areas of fraudulent activity: Financial fraud, embezzlement, money laundering and cybercrime. Emphasis is placed on the sutdy of rules of evidence, criminal procedures, searches, inteviewing and professionalism.
Prerequisite: CRIM 202. Cross listed as CRIM 425.
|FFFE 436||Internal Control and Corporate Governance||F||3 SH|
|The overall objective is familiarizing students with the guidelines for financial audits as relates to internal controls. The internal controls on account class balances will be evaluated, and the criteria for determining different levels deficiency will classified. Ethical issues and case studies will be researched directed at internal control failures. The types of opinions that can be rendered for the internal control report will also be examined.The importance of understanding the impact of corporate governance on the internal control environment will be examined from the internal corporate viewpoint as well as the external auditor's viewpoint. Best practices for corporate governance will be examined in light of the Sarbanes-Oxley Act of 2002 and the recent financial crisis. The history of the relationship of internal controls and the accounting profession will also be examined. This is a writing intensive course. Crosslisted as ACCT 436.|
|FFFE 450||Financial Fraud Internship||UD||3-6SH|
|The overall objective is familiarizing students with the guidelines for financial audits as relates to internal controls. The internal controls on account class balances will be evaluated, and the criteria for determining different levels deficiency will classified. Ethical issues and case studies will be researched directed at internal control failures. The types of opinions that can be rendered for the internal control report will also be examined.The importance of understanding the impact of corporate governance on the internal control environment will be examined from the internal corporate viewpoint as well as the external auditor's viewpoint. Best practices for corporate governance will be examined in light of the Sarbanes-Oxley Act of 2002 and the recent financial crisis. The history of the relationship of internal controls and the accounting profession will also be examined. This is a writing intensive course.
Cross-listed as ACCT 436.
|FFFE 501||Senior Seminar I-Fraud, the Law and Social Consequences||F||3 SH|
|The course will cover fraud and other white collar crimes, money laundering, organized crime and terrorism. The objectives will be to introduce students to criminal law in regards to these matters and the psychological and sociological impacts of crime on the individual and society. The course will also cover introductory topics in civil law related to fraudulent activity and other civil law matters such as matrimony, business related disputes and bankruptcy issues. The course will be co-taught by faculty members from Criminal Justice, Sociology, and Psychology, with guest lectures by specialist in the field of forensic accounting and fraud investigations. Prerequisites: FFFE 507 (ACCT 507), CRIM 202, CRIM 320 and senior status.|
|FFFE 502||Senior Seminar II-Practicum/Research||S||3 SH|
|Advanced topics in fraud examinations and forensic accounting, case studies reflecting knowledge gained during internships or research with professionals in the field of forensic accounting, professionalism in communicating findings, expert witness testimony, influence of leadership style on ethical behavior, advanced topics in computer forensics, and understanding the use of profiling as a tool for investigations. Tax fraud and internet fraud schemes will also be discussed. This will be a capstone course for the major. The course will be co-taught by faculty members from Accounting, Business Administration, Communication, Criminal Justice and Psychology/Sociology, with guest lecturers in the field of forensic accounting and fraud investigations. Prerequisite: FFFE 501.|
|FFFE 504||Auditing and the Accounting Profession||S||3 SH|
|The overall objective of this course is to familiarize students with the collection and analysis of audit evidence. The students will examine and report on the different levels of significance of audit evidence, as well the documentation of the audit findings. The financial statement audit reporting process will be analyzed. Students will also be introduced to the other levels of engagement common in the practice of public accounting. Students will be exposed to the relationship between current and proposed accounting theory (international accounting) and the relationship between accounting practice and the accounting professions' social contract. Case studies will examine the impact of audit fraud, tax fraud, and the accountant's responsibility to apply reasonable judgment in application of accounting and tax policies. This course represents a capstone course for the accounting program. Prerequisite: ACCT 426. Cross-listed as ACCT 504.|
|FFFE 507||Forensic Accounting||F||3 SH|
|The overall objective of this course will be familiarizing students with the processes and procedures of a forensic accounting audit. The students will be able to distinguish between an audit and a forensic examination, and how forensic accounting is used as both an internal and external procedure by an organization as a fraud deterrent. The introduction of law enforcement and public forensics will also be examined. Prerequisite: ACCT 221 and 222. Cross-listed as ACCT 507.|
|Major (78 SH)|
|ACCT 221||Principles of Accounting I||COMP 265||Introduction to CIS|
|ACCT 315||Intermediate Acct. & Globalization||COMP 440||Info. Security & Assurance I|
|ACCT 323||Intermediate Accounting I||COMP 441||Info. Security & Assurance II|
|ACCT 324||Intermediate Accounting II||COMP Elective|
|BMAL 241||Marketing||Crim 202||Introduction to Criminal Justice|
|BMAL 261||Principles of Management||CRIM 320||Criminal Investigation|
|BUAD 311||Business Statistics||CRIM 510||Ethics in Criminal Justice|
|COMM 345||Business Communication||ECON 222||Principles of Microeconomics|
|COMM 353||Diversity issues in a Global Cont.||FFFE 301||Accounting Information Systems|
|OR||FFFE 330||Financial Information Analysis|
|COMM 414||Conflict Transformations||FFFE 436||Internal Controls & Corp. Govern|
|OR||FFFE 501||Senior Seminar I|
|COMM 416||Investigative Reporting||FFFE 502||Senior Seminar II|
|COMP 110||Microcomputer Applications||FFFE 504||Auditing & Acct. Profession|
|FFFE 507||Forensic Accounting|
|Minor (18 SH)|
|COMP Elective||FFFE 501||Senior Seminar I|
|CRIM 202||Intro. to Criminal Justice||FFFE 502||Senior Seminar II|
|CRIM 320||Criminal Investigation||FFFE 507||Forensic Accounting|
Financial Fraud and Fraud Examinations (FFFE)
In today’s capital markets where transparency is of paramount importance, the need for specialists in the areas of fraud detection and prevention has increased dramatically. With this comes an increased demand among federal and state law enforcement and similar agencies for professionals with the skills and knowledge to detect white-collar crime such as fraud and embezzlement and investigate financial activities related to organized crime and terrorism. Specialists in forensic accounting are in demand for civil litigation proceedings; matrimony, business and asset valuations; and lawsuits between joint ventures and similar business activities.
The major in Financial Fraud and Fraud Examinations focuses on the competencies that students need to enter the contemporary workforce and pursue a career as a fraud examiner.