Graduate Studies Reports Access

Graduate Course Proposal Form Submission Detail - ACG6686
Tracking Number - 2113

Edit function not enabled for this course.

Current Status: Approved, Permanent Archive - 2011-03-11
Campus: St Petersburg
Submission Type: New
Course Change Information (for course changes only):
Comments: USF STPT approved 10/4/10; To USF Institutions for concurrence by 10/15/10. SCNS approved. Effective 3/1/11

Detail Information

  1. Date & Time Submitted: 2008-10-23
  2. Department: USF St. Petersburg Program of Accountancy
  3. College: BP
  4. Budget Account Number: 140100
  5. Contact Person: John Jewell
  6. Phone: 34110
  7. Email:
  8. Prefix: ACG
  9. Number: 6686
  10. Full Title: Fraud Examination
  11. Credit Hours: 3
  12. Section Type: D - Discussion (Primarily)
  13. Is the course title variable?: N
  14. Is a permit required for registration?: Y
  15. Are the credit hours variable?: N
  16. Is this course repeatable?:
  17. If repeatable, how many times?: 0
  18. Abbreviated Title (30 characters maximum): Fraud Examination
  19. Course Online?: C - Face-to-face (0% online)
  20. Percentage Online: 0
  21. Grading Option: R - Regular
  22. Prerequisites: ACG 2021,ACG 3103, ACG 3113, ACG 3401, and ACG 4632
  23. Corequisites: None
  24. Course Description: This course is an important component in the study of forensic accounting, and exposes the student to current theories and practices relating to the detection and prevention of fraud and white-collar crime.

  25. Please briefly explain why it is necessary and/or desirable to add this course: This course has been offered in the USF St. Petersburg MBA program since its inception in 2004 under a temporary special topics ACG prefix.
  26. What is the need or demand for this course? (Indicate if this course is part of a required sequence in the major.) What other programs would this course service? Required for the MBA concentration in Forensic Accounting; course cannot be applied towards any other program or degree.
  27. Has this course been offered as Selected Topics/Experimental Topics course? If yes, how many times? Yes, 3 or more times
  28. What qualifications for training and/or experience are necessary to teach this course? (List minimum qualifications for the instructor.) PhD or DBA in Accounting and academically qualified under research definition of Association to Advance Collegiate Schools of Business (AACSB).
  29. Objectives: The objectives of this course are to: (1) educate students about both the pervasiveness of and the causes of fraud and white-collar crime in our society, (2) explore, in detail, methods of fraud detection, investigation and prevention, (3) develop students' ability to detect material financial statement fraud, and (4) increase students' understanding of business ethics.
  30. Learning Outcomes: Students are expected to develop the skills necessary to succeed in today's business environment, including improving both written and verbal communication skills, as well as critical thinking and problem solving skills.
  31. Major Topics: Major course topics currently include: The Nature of Fraud, Who Commits Fraud and Fighting and Preventing Fraud; Recognizing the Symptoms of Fraud and Proactive Approches to Detecting Fraud; Investigating Theft Acts and Concealment; Investigation and Inquiry Methods and Fraud Reports; Financial Statement Fraud, including Revenue-and Inventory-Related Frauds and Liability, Asset & Inadequate Disclosure Frauds; Consumer Fraud; Fraud Against Organizations; Bankruptcy, Divorce and Tax Fraud; and Fraud in E-Commerce
  32. Textbooks: This course will use current texts in the field of forensic accounting, fraud and ethics, as well as current articles, cases and/or simulations. Current texts include W. Steve Albrecht et al., Fraud Examination, 2nd Edition, South-Western, 2009, and William H. Shaw, Business Ethics, 6th Edition, Thomson/Wadsworth, 2008.
  33. Course Readings, Online Resources, and Other Purchases: Various current readings as chosen by instructor.
  34. Student Expectations/Requirements and Grading Policy: Students will be expected to master the following objectives in this course:

    1. Demonstrate knowledge of the fraud triangle.

    2. Demonstrate knowledge of various fraud schemes and common methods of detecting fraud.

    3. Analyze real world cases to determine the fraud scheme(s) involved and determine how the fraud could have been prevented.

    4. Analyze various ethical situations, determine the ethical dilemmas, explain the alternatives available to the participants, and present these case situations to the class.

    5. Assist high-profile not-for-profit leaders in the Tampa Bay area in establishing financial and fiduciary guidelines to help prevent fraud and abuse in their non-profit organizations.

    6. Demonstrate ability to analyze, summarize, and present actual fraud cases to the class.

    7. Demonstrate ability to analyze, summarize, and present selected fraud topics to the class.

    8. Demonstrate ability to research a fraud topic, write a research paper, and present the research paper to the class.

    Determination of Final Grade: Points and Percentage of final grade

    Midterm exam 80 pts 16%

    Final exam 80 pts 16%

    Research paper 140 pts 28%

    Research paper presentation – Power Point 20pts 4%

    Financial accountability project with not-for-profit board members

    50 pts 10%

    Fraud Game 50pts 10%

    Business Ethics Case Presentations 50pts 10%

    Current Event Fraud Summaries/Presentations 30pts 6%

    Total points 500pts 100%

    Final grade will be based on total points:

    A+ 484-500 B+ 434-449 C 350-399

    A 466-483 B 416-433 D 300-349

    A- 450-465 B- 400-415 F

  35. Assignments, Exams and Tests: 2010 Date

    Topics Covered in Class

    Mon, Aug 23

    Course Introduction – review syllabus, course requirements

    Assignment of student teams (2 students per team)

    ACFE 2010 Report to the Nations on Occupational Fraud and Abuse

    Chap 1 – The Nature of Fraud

    Chap 2 – Fighting Fraud: An Overview

    Mon, Aug 30

    Guest Speaker: Laura Krueger Brock, CPA/CFF, CFE, CVA, Shareholder, Kirkland, Russ, Murphy & Tapp, PA

    Chap 3 – Fighting Fraud: An Overview

    Chap 4 – Preventing Fraud

    1-page Bio Due

    Mon, Sep 6

    Labor Day Holiday – USF offices closed

    Mon, Sep 13

    Ethics Case 1 Presentation

    Chap 5 – Recognizing the Symptoms of Fraud

    Chap 7 – Investigating Theft Acts

    Tue, Sep 14 Tampa Bay ACFE Meeting, Marriott Westshore, Tampa

    6:00 – 8:00 pm

    Mon, Sep 20

    Guest Speaker: George Baxter, Community Foundation of Tampa Bay

    Ethics Case 2 Presentation

    Fraud Paper – Progress Report due

    Chap 8 – Investigating Concealment

    Chap 9 – Conversion Investigation Methods

    Mon, Sep 27

    Fraud Current Events Summary #1 Due

    EXAM 1 – Chapters 1-9

    Mon, Oct 4

    Ethics Case 3 Presentation

    Chap 10 – Inquiry Methods and Fraud Reports

    Chap 11 – Financial Statement Fraud

    Mon, Oct 11

    Guest Speaker: Consuelo Herrera, CAMS, CFE, Forensic Technology, Inc.

    Fraud Paper – Outline due

    Chap 12 – Revenue- and Inventory-Related Financial Statement Frauds

    Tue, Oct 12 Tampa Bay ACFE Meeting, Marriott Westshore, Tampa

    6:00 – 8:00 pm

    Mon, Oct 18

    Ethics Case 4 Presentation

    Chap 13 – Liability, Asset, and Inadequate Disclosure Frauds

    Mon, Oct 25

    Fraud Current Events Summary #2 Due

    Ethics Case 5 Presentation

    Chap 14 – Fraud Against Organizations

    Mon, Nov 1

    Ethics Case 6 Presentation

    Chap 15 – Consumer Fraud

    Mon, Nov 8

    Chap 16 – Bankruptcy, Divorce, and Tax Fraud

    Mon, Nov 15

    Chap 18 – Legal Follow-Up

    Mon, Nov 22

    Fraud Paper – 30-pg Draft due

    Nov 25-26 Thanksgiving Holiday – USF St. Petersburg Closed

    Mon, Nov 29

    Fraud Current Events Summary #3 due

    Review for Exam

    Course Evaluation

    Mon, Dec 6

    Fall 2010 Outline:

  36. Attendance Policy: Attendance/Promptness:

    It is expected that you will attend every class and that you will arrive on time. Recurring lateness or repeated absences will be considered grounds for removal from the course. If a guest speaker is scheduled for class, it is imperative that you arrive promptly.

    Religious Observances: The USF Policies and Procedures Manual states that “No student shall be compelled to attend class or sit for an examination at a day or time prohibited by his or her religious belief. In accordance with the University policy on observance of religious holy days, students are expected to notify their instructors if they intend to be absent for a class or announced examination PRIOR to the scheduled meeting.”

  37. Policy on Make-up Work: If you miss an exam without the permission of the instructor a score of zero will be assigned. Make-up exams are granted at the discretion of the instructor and only with prior arrangement (unless circumstances involved make this clearly impractical). Make-up exams must be completed prior to the next class meeting.

    Academic Dishonesty:

    The professor teaching this course adheres strictly to the academic dishonesty policy of the University of South Florida. Please review the USF policy on Academic Dishonesty on the web at:

  38. Program This Course Supports: MBA
  39. Course Concurrence Information: None

- if you have questions about any of these fields, please contact or