You are here: Home Course materials CPE course study guides Study guide for Fraud Investigation

Study guide for Fraud Investigation

The study guide is provided to guide you through the course material in a step by step format.

Reading assignments are for Forensic Accounting and Fraud Investigation for Non-Experts.

1) Forensic accounting

Reading Assignment: Chapter 1 <<>> Review Questions: none

The learning objectives for this lesson are to gain an understanding of:

  • What is forensic accounting?
  • Why has forensic accounting become the buzz?
  • Introduction to a profession
  • Applications of forensic accounting

2) Fraud in society

Reading Assignment: Chapter 2 <<>> Review Questions: # 1 - 5

The learning objectives for this lesson are to gain an understanding of:

  • What is fraud?
  • Types of fraud
  • What the numbers tell us about fraud
  • The social consequences of economic crime
  • Suggested readings

3) Understanding the basics of financial accounting

Reading Assignment: Chapter 3 <<>> Review Questions: # 6 - 7

The learning objectives for this lesson are to gain an understanding of:

  • The five accounting cycles
  • Journals
  • Tying the thread

    4) The entities

    Reading Assignment: Chapter 4 <<>> Review Question: # 8 - 9

    The learning objectives for this lesson are to gain an understanding of:

    • Proprietorships
    • Partnerships
    • Corporations
    • Business enterprises in the global environment

    5) Fundamental principles of analysis

    Reading Assignment: Chapter 5 <<>> Review Questions: # 10- 12

    The learning objectives for this lesson are to gain an understanding of:

    • Good analysis=due dilibence?
    • Why do it?
    • Other factors to consider
    • Analysis for the non-expert
    • To the future

      6) The role of the accounting professional

      Reading Assignment: Chapter 6 <<>> Review Questions: # 13 - 14

      The learning objectives for this lesson are to gain an understanding of:

      • The importance of accounting professionals in the investigation
      • The audit process
      • Internal controls

      7) Business as a victim

      Reading Assignment: Chapter 7 <<>> Review Questions: # 15 - 18

      The learning objectives for this lesson are to gain an understanding of:

      • Employee thefts
      • Payroll fraud
      • Fraudulent billing schemes
      • Fraud committed by outsiders
      • Management thefts
      • Corporate thefts
      • Identity theft

      8) Business villains

      Reading Assignment: Chapter 8 <<>>Review Question: # 19 - 21

      The learning objectives for this lesson are to gain an understanding of:

      • Organized crime and business
      • Money laundering

      9) The investigative process

      Reading Assignment: Chapter 9  <<>> Review Question: # 22 - 25

      The learning objectives for this lesson are to gain an understanding of:

      • Case initiation
      • Case evaluation
      • Goal setting and planning
      • Investigation

      10)  Interviewing financially sophisticated witnesses

      Reading Assignment: Chapter 10 <<>>Review Questions: # 26 - 29

      The learning objectives for this lesson are to gain an understanding of:

      • The interview
      • Concerns in interviewing financially sophisticated witnesses

      11) Proving cases through documentary evidence

      Reading Assignment: Chapter 11 <<>>Review Questions: # 30 - 36

      The learning objectives for this lesson are to gain an understanding of:

      • Document collection
      • Document organization
      • The process of proof
      • The logic of argument
      • Proof through inference

      12)  Analysis tools for investigators

      Reading Assignment: Chapter 12 <<>> Review Question: # 37 - 40

      The learning objectives for this lesson are to gain an understanding of:

      • Why use analysis tools at all?
      • Associational analysis
      • Temporal analysis

      13)  Inferential analysis

      Reading Assignment: Chapter 13 <<>> Review Question: # 41 - 45

      The learning objectives for this lesson are to gain an understanding of:

      • How inferential analysis helps
      • What is an inference network?
      • Investigative inference analysis
      • The key list
      • Constructing an investigative inference chart
      • Some tips for charting success
      • Applying the chart to the investigative process

      14) Documenting and presenting the case

      Reading Assignment: Chapter 14 <<>> Review Question: # 46 - 50

      The learning objectives for this lesson are to gain an understanding of:

      • Creating a system
      • The casebook system
      • Report writing
      • Testifying as a financial expert

      Become a smarter, richer accountant

      in just 10 minutes when you read

      The Thrifty Accountant Newsletter

      When we run across something that will help you save money--or make your work easier, we put it in our monthly newsletter.

      Sign up now, it's FREE!

      Privacy Policy: We will never share your email address. Period. You are free to cancel at any time.