Minor Introduction to Fraud & Forensic Accounting

Samenvatting

Categorie
Broadening minor
Code
MINRSM024
Minor hoort bij de opleiding

Content

According to recent estimates, organizations lose about six percent of their revenues to dishonesty from within the firm. Such occupational frauds occur at various organizational levels – from the mailroom to the boardroom. While executives are “cooking” the company’s books to show better profits (e.g., Enron), purchasing agents are getting kickbacks from suppliers and employees embezzle money to improve their lifestyles. In this minor, we learn who commits fraud and why, what organizations can do to prevent and detect fraud, how affected organizations deal with crises caused by fraud, and how the legal system responds to fraud.

Learning objectives

After following this minor, students will be able to:

  • Understand the costs and personal consequences of fraud occurrences and how it affects individuals, consumers, organizations and society at large;
  • Reproduce famous fraud schemes in history;
  • Analyze academic articles from multidisciplinary backgrounds, which deal with fraud;
  • Define fraud and distinguish between different types of fraud;
  • Recognize who commits fraud and why;
  • Understand how pressures, opportunities, and attitudes (the “fraud triangle”) contribute to fraud and identify those;
  • Identify controls that prevent and detect fraudulent behavior, from the “tone at the top” to security measures on the shop floor;
  • Obtain a basic understanding of how the legal system deals with occurrences and risks of fraud.

Teaching methods 

Lectures by academics and guest speakers from practice on the theory behind fraudulent behavior and real-life experiences. Tutorials discussing real-life fraud cases and academic articles, discussed and presented in student teams.

Teaching materials

  1. Zimbelman, M.F., Albrecht, C.C., Albrecht, W.S., Albrecht, C.O.: Forensic Accounting, 4th edition, South Western Cengage Learning, ISBN-13: 978-0-538-47086-5 (subject to change)
  2. Business cases (to be announced)
  3. Academic articles (to be announced)

Examination

Method of examination
The final grade consists of the following elements (percentages to be announced):

  1. Written closed-book test (80%). The written test (open questions and possibly multiple choice questions) will cover the material presented and discussed during lectures and tutorials and will be based on the textbook and other material used in this course;
  2. Quality of team presentations and accompanying PowerPoint sheets (10%);
  3. Individual participation during lectures and tutorials (10%);

To pass this course, the exam grade has to be at least 5.5.

Composition final grade
The final grade consists of the following elements (percentages to be announced):

  1. Written closed-book test (80%). The written test (open questions and possibly multiple choice questions) will cover the material presented and discussed during lectures and tutorials and will be based on the textbook and other material used in this course;
  2. Quality of team presentations and accompanying PowerPoint sheets (10%);
  3. Individual participation during lectures and tutorials (10%);

To pass this course, the exam grade has to be at least 5.5. There is only a re-sit for the written test. No minimum grade for the individual participation and team presentation.

Feedback
Written feedback by grading. Feedback during classs and via BlackBoard.

Contact information

Dr. Stephan Kramer
skramer@rsm.nl
010-4082251
room: T8-15

Faculty website
RSM

Factsheet

Categorie
Broadening minor
Code
MINRSM024
Minor hoort bij de opleiding
Organisatie
Rotterdam School of Management, Erasmus University
Studiepunten (ECTS)
15
Voertaal
Engels
Locatie
Campus Woudestein, Rotterdam

Registration

Please read the application procedure for more information.