1. Critically explore key audit and forensic accounting principles and regulations.
Knowledge & Understanding

2. Evaluate the importance of management controls in risk assessment.
Analysis

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

1. Initial Assessment – MCQs - (0.5hr) (15%) (LO1)

2. Individual Report (2,000 words) (70%) (LO 2)

3. Group Oral Presentations (10 mins) (15%) (LO 3)

The module explores the principles 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, independence, internal auditing, audit evidence, risk assessment, corporate governance and internal controls. Ultimately you will gain an appreciation of the role of stewardship and how to protect your organisation from internal and external threat.

You will learn about the measures that organisations can take to prevent and detect frauds such as computer crime, identity theft and money laundering. Also, how to protect your organisation from a legal perspective. You will then study a selection of topics regarding fraud risk management including management controls and risk assessment. Case studies will be reviewed covering such areas as computer crime, identity theft and money laundering. The module also aims to provide an insight into counterfeiting as a form of fraudulent activity.

The importance of safeguarding assets. This module explores the scope of internal control and the value and function of audit as well as the latest issues in cybercrime and fraud. Ultimately you will gain an appreciation of the role of stewardship and how to protect your organisation from internal and external threat.

This module will use tutor led and peer-to-peer learning sessions as a general pattern of introduction of a topic and provision of frameworks and models for student learning, followed by application by students to appropriate data or case study materials covering key elements of cybercrime and fraud. Students will be expected to perform set exercises, these will include the analysis, discussion and presentation of case- based work both individually and as part of a learning group and will receive formative feedback.

You will undertake ‘formative’ assessments during the module to help you monitor your learning and provide you and us with ongoing feedback on your progress, that helps you prepare for the ‘summative assessment(s) during or at the end of the module.

Millichamp, A. & Taylor, J. (2018) Auditing, 11th Edition. Cengage Learning EMEA ISBN: 9781473749306
Gray, I., Manson, S. and Crawford, L. (2019) The Audit Process: Principles, Practice and Cases. 7th Edition. Cengage Learning. ISBN: 9781473760189.
Kranacher, M. & Riley, R. (2019) Forensic Accounting and Fraud Examination, 2nd Edition. New Jersey, USA: John Wiley & Sons Inc. ISBN: 978-1-119-49433-1
Taylor, J. (2011). Forensic Accounting. Harlow: Pearson Education Limited. ISBN 9780273722960

https://www.linkedin.com/learning/sharepoint-2010-foundation-and-server/what-is-auditing
https://www.linkedin.com/learning/audit-and-due-diligence-foundations/internal-audit
https://www.linkedin.com/learning/shopify-essential-training-2/understand-fraud-and-risk-2
https://www.linkedin.com/learning/risk-management-for-it-and-cybersecurity-managers
https://www.linkedin.com/learning/finance-foundations-2/understanding-internal-controls

The University Library and Learning Resources - books and academic journals
The module VLE – Blackboard/Teams
Electronic data bases such as EBSCO
Learning support materials
Internet
Forensic Accounting industry publications
A range of case studies

N/A