Forensic Accounting


Home page Accounting Department University of Arkansas - Monticello Home Page

Spring 2014 - Section 101001 8:10 - 9:30 A.M. Tuesday Thursday Room 303
Dr. Ted M. Hammett
Office - 317 BBC
(870) 460-1641 Office

Prerequisite:

ACCT 4723:   Auditing

 Office Schedule:

My office hours are posted on my door and on my website which is given above.

 Purpose & Objective:

Forensic Accounting will help you be a better professional in whatever career path you may choose. The technology, interviewing, document examination, public records, and other tools you will study will make you a better consultant, auditor, tax professional, or manager, as well as a better more astute investor.

 Required Textbook:

William S. Hopwood, Jay J. Leiner, George R. Young. Forensic Accounting and Fraud Examination.  2nd Edition Boston, MA:  McGraw-Hill Irwin, 2012. ISBN:  978-07-813666-5

Requirements for Evaluation: 

All parts have equal weight Homework is the review multiple choice question at the end of each chapter.  You  are to submit them as quizzers.

 Examination:

            After Chapter  -- 7

            After Chapter  --10

            After Chapter  --15

            After Chapter  --20 (Final Exam) Pre/Post test 20% of the Grade

  Grading Policy:

Because of the bonus opportunities and take-home portions on all tests except the final the following grades are given without appeal:

                                                 100  -  90   =    A                                                          79  -   70    =    C

                              89  -  80    =    B                                                          69  -   60    =    D

Below 60  =     F

 Bonus Opportunity:

Bonus points are possible with a bonus question on all in-class tests excluding the final.  3 points per test.  In addition, there is an opportunity to take quizzers on-line which will provide 3 points added to the average for a perfect score, (you can receive a prorated portion of these points)

NOTE:  The testing policy is -- if you have take a test late you will forfeit 10 points for each day late that you take the test late (not counting weekends or legitimate exceptions).  More than three days late in taking the test will result in a grade of zero    ("0").

 There is no exemption for the final exam in this class so don’t even ask.

 Your performance in this subject is directly related with your doing the homework and all class assignments.  Homework will be taken up at random during the semester, and graded.  This grade is applied as an additional test grade.

 Attendance Policy:

As part of the requirement of the University I will be taking attendance for each class period.  I have an attendance policy as documented in the "absence and Grading Policy" attached to this outline.   You are all adults and have paid for this course, don't cheat yourself by not attending class.  As a professional, you will be expected to be responsible for showing up for work and accomplishing the tasks required of you. Last date to drop with a "W" February 20, 2012.

Other inappropriate behavior:

Cheating if a student is found cheating in the taking of a test they will receive a grade of zero on that test and it will not be dropped (the next lowest grade will be) in determination of a final grade in the class.  Cheating is the same a stealing.  As a business student your ethical compass needs to be true you will be dealing with people who assume you are skilled in what your degree is in. If you cheated to get the degree what are you doing to the company or client you are working for?

Plagiarism is serious as well, it to is stealing others work and claiming it for yourself. You must give credit for five or more words in a sequence taken from another source by using quotation marks and indicating the source of the quote, and you must indicate the source of other factual information and ideas, whether you are quoting or paraphrasing. Citing a source does not excuse the practice of copying and pasting text into your paper.  All material must be either quoted with quotation marks or paraphrased in your own words. Copying another student’s work in part or whole is also plagiarism. Plagiarism in an assignment may result in a failing grade for the assignment.  You cannot self-plagiarize by turning in papers or assignments that were prepared for other classes without prior permission from the instructor.  If a student is found to have plagiarized parts of an assignment, a failing grade on the assignment may be given. 

Students with Disabilities:

It is the policy of the University of AR at Monticello to accommodate individuals with disabilities pursuant to federal law and the University’s commitment to equal educational opportunities.  It is the responsibility of the student to inform the instructor of any necessary accommodations at the beginning of the course.  Any student requiring accommodations should contact the Office of Special Student Services located in Harris Hall Room 120; phone 870 460-1026; TDD 870 460-1626; Fax 870 460-1926.

 McGehee:  Office of Special Student Services representative on campus; phone 870 222-5360; fax 870 222-1105.

 Crossett:  Office of Special Student Services representative on campus; phone 870 364-6414; fax 870 364-5707.

Class Schedule:

January 9 Introduction and administrative matters. Pre-Test
14 Chapter 2 lecture Forensic Accounting Legal Environment PowerPoint Chapter 2
16 Chapter 2 lecture
  21

Quizzer from Chapter 2 due - Chapter 6 lecture "Fraud Detection"  Homework Review Questions.

PowerPoint Chapter 6

         
23 Chapter 6  lecture
         
  28 Bonus Quiz Chapter 2 & 6

  30 Homework from Chapter 6 due - Chapter 7 "The Fraud Investigation and Engagement Process"  Homework Review Questions.

PowerPoint Chapter 7

February 4

Chapter 7  lecture

6 Examination Chapters  2, 6-7   Homework from Chapter 7 due
         
11 Chapter 8 "The Evidence Collection Process"  lecture begins. PowerPoint Chapter 8
13

Chapter 8  lecture

 
18 Quizzer from Chapter 8 due - Chapter 9 lecture "Physical Documentary, and Observational Evidence"  begins. PowerPoint Chapter 9
         
20 Chapter 9  lecture

 

  25 Chapter 9  lecture  
    27

Quizzer from Chapter 9 due - Chapter 10 lecture "Interview and Interrogation techniques"  begins.

PowerPoint Chapter 10
         
March 4 Chapter 10  lecture

6 Chapter 10  lecture

 

11 Examination Chapters  8-10      Homework from Chapter 10 due  
  13

Chapter 11 "Forensic Science and Computer Forensics"  lecture begins.

PowerPoint Chapter 11

    18 Chapter 11  lecture  
    19 Last day to Drop with a "W"  
         
  20 Quizzer from Chapter 11 due - Chapter 12 lecture "The Fraud Report, Litigation, and the Recovery Process"  begins. PowerPoint Chapter 12
         
April 1 Chapter 12  lecture
  3

Quizzer from Chapter 12 due - Chapter 15 lecture "Fraud and Sox Compliance"  begins.

PowerPoint Chapter 15

8 Chapter 15  lecture
10 Examination Chapters  11-12, 15   Homework from Chapter 15 due

 

    15 Chapter 19 lecture "Business Valuation"  begins Homework Review Questions. PowerPoint Chapter 19
     
    17

Chapter 19  lecture

 
22 Quizzer from Chapter 19 due - Chapter 20 lecture "Dispute Resolution Services"  begins.

PowerPoint Chapter 20

    24 Chapter 20  lecture  
     
29 Chapter 20  lecture Homework Review Questions Due.
May 6 Final Exam Room 303   (8:00 - 10:00)