Unit convenor and teaching staff |
Unit convenor and teaching staff
Stefan Williams
Rahat Munir
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---|---|
Credit points |
Credit points
10
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Prerequisites |
Prerequisites
ACCG611 or ACCG6011 or (admission to MAdvProfAcc or MCyberSec or GradCertForAccg or GradDipForAccg or MForAccgFinCri)
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit examines issues relevant to forensic accounting and the role played by the forensic accountant in the legal and business context. It covers various techniques of financial fraud prevention, investigation and detection. Students will develop an understanding of the motivations for, and symptoms of, financial fraud. Topics include processes of evidence collection and evaluation, legal report writing, interviewing witnesses, fraud prevention, and an introduction to financial and data analysis processes. By the conclusion of the unit students will have gained essential forensic accounting skills. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Late submissions
Sometimes unavoidable circumstances occur that might prevent you from submitting an assignment on time and, in that case, you may be eligible to lodge a Special Consideration request.
Unless a Special Consideration request has been submitted and approved, please note that no extensions to assignment deadlines will be granted. Assignments that are submitted late will attract a late penalty:
Assessment Tasks
Name | Weighting | Hurdle | Due |
---|---|---|---|
Final Exam | 30% | No | During formal examination period |
Assignment | 40% | No | Week 12 |
Participation | 20% | No | Throughout semester |
Class Test | 10% | No | Week 6 |
Assessment Type 1: Examination Indicative Time on Task 2: 20 hours Due: During formal examination period Weighting: 30%
A two-hour online examination (open book) will be held during the University Examination period.
On successful completion you will be able to:
Assessment Type 1: Report Indicative Time on Task 2: 35 hours Due: Week 12 Weighting: 40%
This assessment will require students to investigate and analyse an aspect of the unit and identify and communicate findings, exercise judgement and develop research capability. This is a group assignment and involves both a written submission not exceeding 2000 words and a group presentation. On successful completion you will be able to:
Assessment Type 1: Participatory task Indicative Time on Task 2: 20 hours Due: Throughout semester Weighting: 20%
This assessment involves evidence of preparation for, participation in, and contribution to the class and may include presentations, questions or written exercises. On successful completion you will be able to:
Assessment Type 1: Quiz/Test Indicative Time on Task 2: 10 hours Due: Week 6 Weighting: 10%
The test may include one, or a combination of, the following types of assessment: multiple-choice questions, true/false questions, short answer style questions.
On successful completion you will be able to:
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Name | Weighting | Hurdle | Due |
---|---|---|---|
Final Exam | 30% | No | Formal examination period |
Participation | 20% | No | Throughout semester |
Assignment | 40% | No | Week 12 |
Class Test | 10% | No | Week 6 |
Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: Formal examination period
Weighting: 30%
A two-hour online examination (open book) will be held during the University Examination period.
Assessment Type 1: Participatory task
Indicative Time on Task 2: 20 hours
Due: Throughout semester
Weighting: 20%
This assessment involves evidence of preparation for, participation in, and contribution to the class and may include presentations, questions or written exercises.
Assessment Type 1: Report
Indicative Time on Task 2: 35 hours
Due: Week 12
Weighting: 40%
This assessment will require students to investigate and analyse an aspect of the unit and identify and communicate findings, exercise judgement and develop research capability. This is a group assignment and involves both a written submission not exceeding 2000 words and a group presentation.
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 10 hours
Due: Week 6
Weighting: 10%
The test will be held in class in the first half of the session. The test may include one, or a combination of, the following types of assessment: multiple-choice questions, true/false questions, short answer style questions.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Lectures will be delivered online via Zoom and recorded on Echo360.
Rufus R J, Miller L S, and Hahn W - Forensic Accounting - Global Edition, 2015, Pearson.
Other resources:
Crain, M., Hopwood, W., Pacini, C., Young G. 2015. Essentials of forensic accounting. Wiley
Unit Schedule
|
Topics |
Readings |
Week 1 |
The field and practice of forensic accounting • Introduction • The legal, regulatory, professional environment, and ethics • Professional roles of fraud and forensic accounting professionals |
Rufus 1, 2
|
Week 2 |
Fraud-related services • Types of fraud • Fraud detection, prevention, deterrence, investigation, remediation • Fraudulent financial reporting |
Rufus 6, 7 |
Week 3 |
Fraud-related services • Misappropriation of assets |
Rufus 6, 7 |
Week 4 |
Engagement management • Planning and managing an investigation • Case management and communication • Reporting and closure |
Crain 7 Rufus 3 |
Week 5 |
Evidence collection • Types of evidence • Documents • Interviewing • Evidence management
|
Rufus 4 |
Week 6 |
Transforming Data into Evidence - Data Analysis • Financial transactions / Islamic finance • The role of data analysis • Data sources • Data analysis tools |
Rufus 8 |
Week 7 |
Financial analysis • Context of financial reporting • Foundations of financial analysis • Methods of financial analysis |
Rufus 5 |
Week 8 |
Transforming Data into Evidence - Data and Digital Analysis • Descriptive statistics • Methods for displaying data • Money laundering |
Rufus 8, 9 |
Week 9 |
Evidence analysis • Corporate intelligence • Big data • Digital forensics for accountants |
Rufus 4, 5
|
Week 10 |
Commercial and economic damages • Damages litigation • Damages calculation |
|
Week 11 |
Business valuation • Valuation fundamentals • Financial analysis • Business valuation reports |
Rufus 11 |
Week 12 |
Accountant as an expert witness • Legal frameworks • Litigation support from accountants • Forensic accountants and the court |
Rufus 10 |
Week 13 |
Special topics: • Cyber crime • Crypto currencies
|
Rufus 12 |
Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
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Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.
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Macquarie University offers a range of Student Support Services including:
Got a question? Ask us via AskMQ, or contact Service Connect.
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Unit information based on version 2022.03 of the Handbook