BERC602

An introduction to accounting for the uninitiated (an introduction to bookkeeping, key accounts, financial statements and their composition, and concepts in managerial accounting). Principles of forensic accounting and the use of financial statement analysis in the forensic process (common fraud schemes in the areas of fraudulent financial reporting, misappropriation of resources, corruption and illegal acts, how fraud schemes typically appear in the accounting records and financial statements of an enterprise or agency, the use of financial statement analysis and analytics to detect fraud, differences between a routine financial statement audit and a forensic audit, the limitations on financial statement audits in the discovery of fraud, how budgeting issues in managerial accounting can pressure managers to act unethically or illegally).