Module Descriptors
FRAUD RISK MANAGEMENT AND LEGAL FRAMEWORK
ACCT60295
Key Facts
School of Justice, Security and Sustainability
Level 6
15 credits
Contact
Leader: Karl Mccormack
Email: K.McCormack@staffs.ac.uk
Hours of Study
Scheduled Learning and Teaching Activities: 30
Independent Study Hours: 120
Total Learning Hours: 150
Assessment
- ASSIGNMENT weighted at 100%
Module Details
ASSESSMENT DETAILS
The 100% Individual Assignment with 2,500 words will require the student to analyse a Case Study and will assess the student's ability to demonstrate knowledge and understanding of management controls, risk assessment and the legal framework surrounding fraud.
INDICATIVE CONTENT
Students will study a selection of topics regarding fraud risk management including; the fraud legal framework, management controls and risk assessment. Case studies will be reviewed covering such areas as computer crime, identity theft and money laundering.
LEARNING OUTCOMES
1. DEMONSTRATE KNOWLEDGE OF THE LEGAL FRAMEWORK SURROUNDING FRAUD
Knowledge & Understanding
2. DEVELOP UNDERSTANDING OF THE MOTIVATIONS BEHIND FRAUD
Enquiry
3. EVALUATE THE IMPORTANCE OF MANAGEMENT CONTROLS IN RISK ASSESSMENT
Application
4. CRITICALLY ANALYSE CASE STUDIES TO IDENTIFY RISK FACTORS AND PRODUCE A RISK ASSESSMENT
Analysis
Knowledge & Understanding
2. DEVELOP UNDERSTANDING OF THE MOTIVATIONS BEHIND FRAUD
Enquiry
3. EVALUATE THE IMPORTANCE OF MANAGEMENT CONTROLS IN RISK ASSESSMENT
Application
4. CRITICALLY ANALYSE CASE STUDIES TO IDENTIFY RISK FACTORS AND PRODUCE A RISK ASSESSMENT
Analysis
LEARNING STRATEGIES
30 hours of lectures, workshops and case studies.
RESOURCES
The University Library and Learning Resources - books and academic journals
The module website
Electronic data bases such as EBSCO
Learning support materials
Internet
Forensic Accounting industry publications
A range of case studies
The module website
Electronic data bases such as EBSCO
Learning support materials
Internet
Forensic Accounting industry publications
A range of case studies
SPECIAL ADMISSIONS REQUIREMENTS
FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY
TEXTS
Highly Recommended:
Singleton T.W. & Singleton A.J. (2010). Fraud Auditing And Forensic Accounting. 4th Ed. New Jersey, USA: John Wiley & Sons Inc. ISBN 9780470564134
Taylor, J. (2011). Forensic Accounting. Harlow: Pearson Education Limited. ISBN 9780273722960
Other texts you may find useful:
Jones (ed.) - Creative Accounting, Fraud and International Accounting Scandals
Kranacher, Riley & Wells - Forensic Accounting and Fraud Examination
Silverstone & Davia - Fraud 101 Techniques and Strategies for Detection
Silverstone & Sheetz - Forensic Accounting and Fraud Investigation for Non-experts.
Smith, Button, Johnston & Frimpong - Studying Fraud as White Collar Crime
Further reading/references will be advised, where appropriate, on a weekly basis.
Singleton T.W. & Singleton A.J. (2010). Fraud Auditing And Forensic Accounting. 4th Ed. New Jersey, USA: John Wiley & Sons Inc. ISBN 9780470564134
Taylor, J. (2011). Forensic Accounting. Harlow: Pearson Education Limited. ISBN 9780273722960
Other texts you may find useful:
Jones (ed.) - Creative Accounting, Fraud and International Accounting Scandals
Kranacher, Riley & Wells - Forensic Accounting and Fraud Examination
Silverstone & Davia - Fraud 101 Techniques and Strategies for Detection
Silverstone & Sheetz - Forensic Accounting and Fraud Investigation for Non-experts.
Smith, Button, Johnston & Frimpong - Studying Fraud as White Collar Crime
Further reading/references will be advised, where appropriate, on a weekly basis.
Web Descriptor
Students will study a selection of topics regarding fraud risk management including; the fraud legal framework, management controls and risk assessment. Case studies will be reviewed covering such areas as computer crime, identity theft and money laundering.