1. Demonstrate a systematic understanding of audit requirements and techniques
Application
Communication
Learning

2. Critical understanding of key audit principles and regulations
Communication
Reflection

2. Develop understanding of the motivations behind fraud
Enquiry

4. Evaluate the importance of management controls in risk assessment
Application

5. Critically analyse case studies to identify risk factors and produce a risk assessment
Analysis

You will learn about the measures that organisations can take to prevent and detect frauds such as computer crime, identity theft and money laundering. The module also explores the principles and techniques of auditing including risk assessment and collecting audit evidence.
You will be introduced to the Legal and Regulatory Framework within which audits are conducted, concentrating on Ethical and Quality Control Standards, Auditing Standards, Independence, Fraud, Internal Auditing, Audit Evidence and Environmental Auditing.

The concepts, principles and techniques of auditing will also be explored. This will include the stages in the audit processes, Audit Planning and Risk Assessment, Internal Controls, Compliance Testing, Substantive Testing, Computer Controls, Audit Opinion and Audit Reporting.
You will then 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.
When studied as part of the BA (Hons) Accounting and Finance, Two Year BA (Hons) Accounting and Finance, the successful completion of this module may lead to an exemption from a professional accountancy qualification - for up to date information on accreditation and exemptions please contact the Course Leader.

Whole group sessions - a series of participatory lectures will disseminate knowledge and understanding as the foundation for a structured programme of tutorial sessions. Topical business-world examples and case studies will be used extensively to support learning.

Small group sessions - a series of weekly tutorial sessions where students will work individually and in groups on practical exercises to reinforce their learning.

The class room delivery will be supported by materials available on the VLE to guide further self-directed study at a pace and time convenient to the student.

Students will be provided with general guidance in the module study guide, and receive specific guidance and training where needed.
The tutorial sessions include case-based exercises and activities that require students to prepare work outside formal contact hours and to discuss findings with tutor and peers during the tutorial session. As such, formative feedback will be a feature of these sessions.
Extensive use is made on online discussions to extend learning between sessions.

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
Gray, I. and Manson, S. (2015) The Audit Process: Principles, Practice and Cases. Cengage Learning.
Millichamp, A. & Taylor, J. (2012) Auditing, 10th Edition. Cengage Learning EMEA.

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

At the end of Semester One - 2-hour examination with extra 10 mins reading time weighted at 50% (All Auditing)

At the end of Semester Two – 2-hour examination with extra 10 mins reading time weighted at 50% (50:50 Auditing and Risk Fraud Management)

PLEASE NOTE ALTERNATIVE ASSESSMENTS FOR Semester 1 2020/21 DUE TO COVID-19 AS FOLLOWS: Written Exam - 2 hrs (including an additional 30 mins for writing and attaching the answers via Turnitin (2020/21 Covid-19) - 50% Written Exam - 2 hrs (including an additional 30 mins for writing and attaching the answers via Turnitin (2020/21 Covid-19) - 50%

You will learn about the measures that organisations can take to prevent and detect frauds such as computer crime, identity theft and money laundering. The module also explores the principles and techniques of auditing including risk assessment and collecting audit evidence.