ACCT 2847 Fraud, Auditing and Internal Controls
Course Information
| Course Number | ACCT 2847 |
|---|---|
| Course Title | Fraud, Auditing and Internal Controls |
| Description | In this course students will learn about occupational fraud, basic auditing techniques and evaluation of internal controls. Covered topics include how and why fraud is committed, fraud detection, establishing and evaluating internal controls, and using internal auditing techniques to verify account balances. (Prerequisite: ACCT 1810) |
| Total Credits | 4 |
| Total Hours | 64 |
| Instruction Type | Credits and Hours |
|---|---|
| Lecture | 4 Credits, 64 Hours |
Pre/Corequisites
Prerequisite: ACCT 1810
Institutional Core Competencies
- Critical and Creative Thinking - Students will be able to demonstrate purposeful thinking with the goal of using a creative process for developing and building upon ideas and/or the goal of using a critical process for the analyzing and evaluating of ideas.
Course Competencies
- Conceptualize the nature of fraud
- Determine who commits fraud
- Describe how entities fight fraud
- Analyze fraud prevention techniques
- Recognize the symptoms of fraud
- Describe financial statement fraud
- Investigate fraud against organizations
- Apply internal controls over financial reporting
- Perform an integrated audit
- Characterize audit evidence
- Acquire an understanding of tools used to gather audit evidence
- Audit revenue and related accounts
- Audit the payment cycle and inventory
- Audit cash and other liquid assets
- Audit long lived assets, long term liabilities and equity
SCC Accessibility Statement
South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.
North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.
Additional information and forms can be found at: southcentral.edu/disability
This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.