Accounting Fraud & Forensics Tutorial
Overview
Competition
Format
Overview
Research Skills
Competition Format
Research
Presentation
Structure
Presentation
Conclusion
Important Dates
Overview
Saturday 25th May
 Cases to be emailed to teams
Sunday 26th May
 PowerPoint slides due
 Preliminary Presentation Day
Monday 27th May
 Final Presentation
Competition Format
Research
Presentation
Conclusion
How the competition works
Division A
Division B
Division C
Division D
Winner
Winner
Winner
Winner
Final Round
4 Teams
Overview
Competition Format
Research
Presentation
Conclusion
Presentation Format
PowerPoint
Presentation
Overview
10 Minutes
Presentation
Competition Format
Research
10 Minutes
Q&A
Presentation
Conclusion
Case Information
Expansion
Project
Company
Information
Short Case
Suggested
Research
Sources
Suggested
Risks
Overview
Competition Format
Research
Presentation
Conclusion
What do teams prepare?
Overview
1
Identify fraud risks
2
Outline impact on the company/project
3
Propose mitigation strategies
4
Make a recommendation on the project
Competition Format
Research
Presentation
Conclusion
Researched Based Competition
Internet
Time
Management
Analysis
Overview
Competition Format
• Academic sources
• Allocate tasks
• Make a timeline
• No ‘right’ answer
• All about justification
Research
Presentation
Conclusion
What is fraud?
Motivation
Opportunity
Overview
Competition Format
Rationalisation
Research
Presentation
Conclusion
The Fraud Triangle
Motivation
Opportunity
Rationalisation
Overview
Competition Format
• Financial pressure
• Need or greed
• Position to commit fraud
• “Borrow” vs “Steal”
• I will pay it back
Research
Presentation
Conclusion
Types of Fraud: Overview
Asset
Misappropriation
Corruption
Financial Statement
Fraud
Overview
Competition Format
Research
Presentation
Conclusion
Types of Fraud: Corruption
Overview
Conflicts of Interest
Bribery
Illegal Gratuities
Economic Extortion
Competition Format
Research
Presentation
Conclusion
Types of Fraud: Asset Misappropriation
Cash
Overview
Non-Cash
Theft
Misuse
Fraudulent
Disbursements
Larceny
Competition Format
Research
Presentation
Conclusion
Types of Fraud: Fraudulent Statements
Financial
Overview
Non-Financial
Asset/Revenue
Overstatements
Employment
Credentials
Fictious
Revenues
Internal and
External
Documents
Competition Format
Research
Presentation
Conclusion
Key Areas of Research
Overview
Identify the risk
Fraud detection
Fraud prevention
Responding to
fraud
Competition Format
Research
Presentation
Conclusion
Evaluating the extent of fraud risk
Overview
Who are the
victims?
Detected or
undetected?
Financial &
non-financial
costs
Preventability
Competition Format
Research
Presentation
Conclusion
Presentation
Overview
Structure
• No set structure but we have
provided a recommendation
Slides
• Slides due Sunday morning
Competition Format
Research
Presentation
Conclusion
Recommended Structure
Introduction
Outline Risks
Mitigation
Strategies
Conclusion
Recommendation
Financial Analysis
Overview
Competition Format
Research
Presentation
Conclusion
Presentation Tips
Overview
1
All members must speak
2
Speak slowly and clearly
3
Keep slides simple
4
Use colour, pictures & diagrams
Competition Format
Research
Presentation
Conclusion
Conclusion
Overview
1
Must register & pay for MCC
2
Presentation times will be emailed
3
Email: accounting.events@uoamcc.co.nz
Competition Format
Research
Presentation
Conclusion