Graduate Studies Reports Access

Graduate Course Proposal Form Submission Detail - ACG6688
Tracking Number - 5242

Edit function not enabled for this course.

Current Status: Approved by SCNS - 2015-06-15
Campus: Tampa
Submission Type: New
Course Change Information (for course changes only):
Comments: Correction to title to match State title, for SACS compliance. Verified by USFSP and USF. Sent to SCNS 6/15/15. Apprd Eff 201508

Detail Information

  1. Date & Time Submitted: 2015-06-01
  2. Department: School of Accountancy
  3. College: BA
  4. Budget Account Number: 1402
  5. Contact Person: Kerry L. Myers
  6. Phone: 9746574
  7. Email:
  8. Prefix: ACG
  9. Number: 6688
  10. Full Title: Forensic Accounting and the Legal Environment
  11. Credit Hours: 3
  12. Section Type: C - Class Lecture (Primarily)
  13. Is the course title variable?: N
  14. Is a permit required for registration?: N
  15. Are the credit hours variable?: N
  16. Is this course repeatable?: Y
  17. If repeatable, how many times?: 1
  18. Abbreviated Title (30 characters maximum): Forensic Accounting
  19. Course Online?: B - Face-to-face and online (separate sections)
  20. Percentage Online: 0
  21. Grading Option: R - Regular
  22. Prerequisites:
  23. Corequisites:
  24. Course Description: This introductory course in forensic accounting is concerned with fraud and the detection, investigation and preventionof complex financial crime including accounting fraud, corporate fraud, public corruption and white collar crimes.

  25. Please briefly explain why it is necessary and/or desirable to add this course: Needed for new program/concentration/certificate
  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? Class was taught in both Spring 2013, Spring 2014 and Spring 2015 with 25 seats available per class. Class has always had equal or greater than 25 students. Class is the first accounting course to fill up and close on first day of registration.

    Class is very popular with the students.

  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.) Juris Doctorate Degree

    Bachelor's Degree in Accounting

    Certified Fraud Examiner

    At least 5 years experience in the forensic accounting field preferably working white collar crimes (current instructor has 25+ years experience)

  29. Objectives: Understand the role of the forensic accountant

    Understand the basic concepts and elements of fraud and the fraud triangle

    Understand corporate governance and the importance of ethics

    Understand the "red flags" or indicators of fraud

    Learn financial investigation and money tracing techniques

    Understand the litigation services accountants typically provide

    Understand information security

    Understand basic digital forensics

    Understand basic web forensics

    Understand basic cybersecurity principles

    Understand the accountant's role in fighting cyber crime

  30. Learning Outcomes: Understand Sarbanes-Oxley Act and the history leading to its enactment

    Understand the sections and lega;l requirements of SOX

    Understand federal criminal violations for fraud and white collar crime

    Understand what govt'l agencies investigate and prosecute fraud

    Understand Statement on Auditing Standards 99

    Understand the concept of "professional skepticism"

    Understand the difference between interviewing and interrogation

    Understand use of the False Claims Act and the accountants role

    Understand the legal theories of fraudulent conveyances

    Understand whistleblower protection

    Understand the importance of anonymous fraud complaint lines

    Understand basic rules of criminal and civil discovery

    Understand basic rules of evidence

    Understand chain of custody

    Exposure to the "Certified Fraud Examiner" and the ACFE

    Exposure to the FBI's website and the forensic accountant position

  31. Major Topics: The discipline and role of the forensic accountant

    Indirect Methods of Calculating Income

    Money Laundering

    Finacial Statement Fraud

    Misappropriation of Assets

    Public and Private Corruption



    Litigation support and courtroom procedure

    Digital Forensics

    Web Forensics

    Cyber Crime


  32. Textbooks: Crumbley, Heitger and Smith, Forensic and Investigative Accounting, CCH 6th Edition 2013, ISBN 978-0-8080-3487-2
  33. Course Readings, Online Resources, and Other Purchases: Supplemental Readings:

    1.) “Worldwide Identity Thieves Steal Millions in Tax Refunds” on at

    2.) “IRS Failing in Efforts to Curb ID Theft Tax Fraud”


    Supplemental Readings:

    1.) Madinger, “Basic Concepts” (CANVAS)

    2.) “History of Anti-Money Laundering Laws” at under “News Room” “Quick Links”

    3.) “Money Laundering and Asset Forfeiture”, FBI Law Enforcement Bulletin, at under “About FinCEN” “Quick Links”.

    4.) Executive Summary (pp. 1-12) of US Senate Subcommittee on Investigation, US Vulnerabilities to Money Laundering, Drugs and Terrorist Financing: HSBC Case History. July 17, 2012 at Google or CANVAS

    5.) “Too Big to Jail” at

    6.) Statement of FinCEN Director Jennifer Shasky Calvery before the US Senate Committee on Banking, November 19, 2013 at at “Home” “What’s New”.

    7.) “Thousands of Bitcoin Stolen in Hack of Linode” at

    Read: Pavlo and Weinberg, Stolen Without A Gun (Etika Books 2007)

    ISBN 978-0-9797558-0-4

    Watch The Madoff Affair @

  34. Student Expectations/Requirements and Grading Policy: Two Exams each worth 100 points, One Comprehensive Problem worth 20 pointsand One Capstone Case Study and Problem worth 30 points.

    A = 90% - 100%

    B = 80% - 89%

    C = 70% - 79%

    D = 60% - 69 %

    F = 59% and less

  35. Assignments, Exams and Tests: See above section AG
  36. Attendance Policy: Course Attendance at First Class Meeting – Policy for Graduate Students: For structured courses, 6000 and above, the College/Campus Dean will set the first-day class attendance requirement. Check with the College for specific information. This policy is not applicable to courses in the following categories: Educational Outreach, Open University (TV), FEEDS Program, Community Experiential Learning (CEL), Cooperative Education Training, and courses that do not have regularly scheduled meeting days/times (such as, directed reading/research or study, individual research, thesis, dissertation, internship, practica, etc.). Students are responsible for dropping undesired courses in these categories by the 5th day of classes to avoid fee liability and academic penalty. (See USF Regulation – Registration - 4.0101,

    Attendance Policy for the Observance of Religious Days by Students: In accordance with Sections 1006.53 and 1001.74(10)(g) Florida Statutes and Board of Governors Regulation 6C-6.0115, the University of South Florida (University/USF) has established the following policy regarding religious observances: (

    In the event of an emergency, it may be necessary for USF to suspend normal operations. During this time, USF may opt to continue delivery of instruction through methods that include but are not limited to: Blackboard, Elluminate, Skype, and email messaging and/or an alternate schedule. It’s the responsibility of the student to monitor Blackboard site for each class for course specific communication, and the main USF, College, and department websites, emails, and MoBull messages for important general information.

  37. Policy on Make-up Work: Must have instructor's approval which is only granted for good cause shown (doctor's excuse, etc.)
  38. Program This Course Supports: Masters in Accounting
  39. Course Concurrence Information: Masters in Cybersecurity (Information Assurance Concentration)

    Certificate in Cybersecurity (Information Assurance Concentration)

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