Forensic Accounting and Fraud Examination

West Virginia University via Coursera

Go to Course: https://www.coursera.org/learn/forensic-accounting

Introduction

**Course Review: Forensic Accounting and Fraud Examination on Coursera** In today's fast-paced and industry-driven world, fraud has morphed into a sophisticated crime that thousands of businesses fall victim to every single day. The course "Forensic Accounting and Fraud Examination" on Coursera seeks to arm learners with valuable insights and skills to understand, detect, and prevent these fraudulent acts effectively. ### Overview This comprehensive course delves deep into the psychology and techniques behind various types of fraud, detailing who commits these acts, the reasons behind them, and the methodologies employed. It’s designed for those seeking to enhance their knowledge in forensic accounting and fraud examination, whether you're a finance professional, an accountant, a risk manager, or simply someone interested in the intricacies of financial integrity in businesses. ### Syllabus Breakdown 1. **The Accidental Fraudster** - In this first module, participants are introduced to the concept of "accidental" fraudsters. These are individuals who might not initially set out to commit fraud but find themselves engaging in unethical practices for various reasons. The module emphasizes the basic elements of fraud and explores the devastating impacts and costs that fraud can have on organizations, making this an eye-opening start to the course. 2. **The Predator Fraudster** - This section shifts focus toward the more calculated "predator" fraudster. Learners delve into methods of reinforcing organizations against these types by understanding internal control concepts and techniques designed to detect and thwart fraudsters before they strike. The insights gained here are invaluable for any professional looking to safeguard their financial environment. 3. **Big Data, Benford's Law, and Financial Analytics** - In today’s data-driven world, this module sheds light on the power of big data in identifying fraudulent activities. Participants will learn about Benford's Law and how data analysis can serve as a powerful tool in fraud detection. The intersection of technology and fraud examination is crucial, and this section equips learners with practical knowledge that can be immediately applicable. 4. **Cyber-Crime and Money Laundering: Contemporary Tools and Techniques** - This segment addresses the contemporary issues of cyber-crime and the painstakingly intricate process of money laundering. Students will gain insights into the objectives, stages, and basic techniques of money laundering, expanding their understanding of how fraud operates on a global scale. 5. **Whistleblowing** - The final module tackles the sensitive yet critical topic of whistleblowing. It explores the vital role whistleblowers play in combating fraud and the fears and challenges they may face in coming forward. This discussion adds a human element to the course, emphasizing the ethical considerations surrounding fraud examination. ### Course Recommendation "Forensic Accounting and Fraud Examination" is a meticulously structured course that balances theoretical concepts with practical implications. It is perfect for anyone looking to advance their career in accounting, finance, risk management, or compliance. The insights into fraud detection techniques, combined with the ethical considerations surrounding fraud, make this course both illuminating and relevant. Whether you're new to the field of forensic accounting or looking to enhance your expertise, I highly recommend this course for its engaging content, expert insights, and the real-world applicability of its teachings. The knowledge and skills you will acquire will undoubtedly be a significant asset in today’s business environment, which continues to grapple with the ever-evolving threats of fraud. Enroll now and take the first step towards becoming a proficient defender against fraud in any organization.

Syllabus

The Accidental Fraudster

Who are "accidental" fraudsters? Learn who accidental fraudsters are, the basic elements of fraud, and how devastating the costs of fraud are.

The Predator Fraudster

What is a "preditor" fraudster? How do you protect your organization against a preditor fraudster? Learn how internal control concepts and other techniques can help you detect and prevent preditor fraudsters.

Big Data, Benford's Law and Financial Analytics

What is "big data"? Learn how data analysis, Benford analysis and other tools can help you identify fraudulent activities.

Cyber-Crime and Money Laundering: Contemporary Tools and Techniques.

Money laundering. This week’s session will introduce you to the objectives and stages of money laundering as well as the basic techniques used.

Whistleblowing

Everything you need to know about whistleblowing. Learn the importance of whistleblowing and the difficulty of being a whistleblower.

Overview

Everyday across the world, thousands of businesses are victimized by fraud. Who commits these bad acts? Why? And, how? In this course we are going to help you answer the questions: who commits fraud, why and how. We’ll also help you develop skills for catching them.

Skills

Fraud Detection Internal Control Fraud Investigation Forensic Accounting

Reviews

Excellent course to go with an excellent illustration from experts in the industries. I do carry a value which will cherished in my memory for ever ........\n\nThanks for all what i learned hear.....

It was really great course to learn various case studies from different verticals that leads to financial frauds. Great insights on forensic accounting and financial frauds and how to counter them.

Very concise and apt material. Excellent lectures. Please induct more no. of case studies. It is also required to inform us the avenues for further higher studies in this subject and career options.

This course is a better learning than general auditing course that was taken in university by me. Awesome knowledge provided. Very easy and slow english speaking letting us to understand each word.

An intriguing course that delves inside the various aspects of Forensic Accounting and Fraud Examination in a awe-inspiring manner with relevant examples, engaging content and learned professors.