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Randall E. LaSalle, Ph.D., CPA
Office: 305 Anderson Hall
Office Phone: (610) 738-0553
Office Hours: Monday through Friday 7:30 a.m. to 8:00 a.m.
Monday, Wednesday & Friday 10:00 a.m. to 11:00 a.m.
Other hours available by appointment
Office email: rlasalle@wcupa.edu
Homepage: http://courses.wcupa.edu/rlasalle
Home Phone: (610) 388-7023
Required
Textbooks:
Fraud Examination & Prevention
by W. Steven Albrecht and Chad Albrecht (2004)
Publisher: South-Western
ISBN: 0-538-72689-X
Executive Roadmap to Fraud Prevention and Internal Control: Creating a
Culture of Compliance
by Martin T. Biegelman and Joel Bartow (2006)
Publisher: Wiley
ISBN: 978-0-471-73927-2
Course Description:
Introduction to skills and knowledge necessary to prevent, detect, and investigate frauds.
Prerequisites:
Financial Accounting (ACC 201)
Course Objectives:
This course seeks to develop and integrate students’ knowledge of law, criminal justice and
accounting for the purpose of obtaining a more comprehensive view of occupational fraud which
extends beyond the limited framework of accountancy or any other single disciplinary framework.
Teaching
Methodology &
Expectations:
The primary teaching methodology is viewing videos of international experts in the field of fraud
examination. Classroom discussions and lectures are also incorporated. Students are expected to
read assigned chapters prior to the class in which it is reviewed.
Attendance Policy:
Students are expected to attend and participate in all scheduled sessions of the course. Absences
impair both student proficiency and the letter grade. The semester average will be reduced by 3
percentage points for each absence in excess of three. See addendum for examples and
procedures.
Academic
Dishonesty Policy
for this course
Any act of academic dishonesty will result in a failing grade for this course.
Accommodations
for persons with
disabilities
The instructor wishes to make accommodations for students with disabilities. Please make your
needs known by contacting the instructor and/or the Office of Services for Students with
Disabilities at 610-436-3217. Sufficient notice is needed in order to make accommodations
possible.
Grading:
There will be approximately 30 quizzes given throughout the semester, a mid-term exam and a final
exam. The quiz average will count 70% of the grade, the mid-term examination will count 15%, and
the final exam will count 15%, There will be no make-up quizzes.
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Day
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Dates
Jan. 17
Jan. 19
Jan. 22
Jan. 24
Jan. 26
Jan. 29
Jan. 31
Feb. 2
Feb. 5
Feb. 7
Feb. 9
Feb. 12
Feb. 14
Feb. 16
Feb. 19
Feb. 21
Feb. 23
Feb. 26
Feb. 28
Mar. 2
Mar. 5
Mar. 7
Mar. 9
Mar. 12
Mar. 14
Mar. 16
Mar. 19
Mar. 21
Mar. 23
Mar. 26
Mar. 28
Mar. 30
Apr. 2
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Apr. 6
Apr. 9
Apr. 11
Apr. 13
Apr. 16
Apr. 18
Apr. 20
Apr. 23
Apr. 25
Apr. 27
Apr. 30
May 2
May 4
Topic
Introduction
Albrecht & Albrecht Chapter 1: The Nature of Fraud
Albrecht & Albrecht Chapter 1: The Nature of Fraud
Video: Cross the Line: Ethical Lessons for Financial Professionals
Association of Certified Fraud Examiners Code of Professional Ethics
Video: Other People’s Money: The Basics of Asset Misappropriation
No class
Albrecht & Albrecht Chapter 13: Fraud Against Organizations
Video Segment 1 - Introduction
Video Segment 2 – Fraud Theory Approach; Introduction to Fraudulent Financial Transactions
Albrecht & Albrecht Chapter 2: Who Commits Fraud and Why - Part 1
Albrecht & Albrecht Chapter 2: Who Commits Fraud and Why - Part 2
Video Segment 3–Fraudulent Financial Statements; Net Worth Methods; Intro. to Employee Frauds
No class
Video Segment 4 – Employee Fraud Schemes
Video Segment 5 – Fraud Prevention; Introduction to Legal Elements
Albrecht & Albrecht Chapter 3: Fighting Fraud: An Overview
Video Segment 6 – Elements of Fraud; Bribery and Corruption; Economic Extortion
Video Segment 7 - Conflicts of Interest; Embezzlement; Larceny; Miranda Warnings
Albrecht & Albrecht Chapter 4: Preventing Fraud
Video Segment 8 – Charging Process; Trial and Appeal; Civil Actions
Video Segment 9 - Evidence
Mid-Term Exam
No class – Spring Break
No class – Spring Break
No class – Spring Break
Video Segment 10 – Documenting Evidence; Chain of Custody; Privileges; Expert Testimony
Video Segment 11 – Investigation of Suspected Fraud; Interview Theory and Application
Albrecht & Albrecht Chapter 5: Recognizing the Symptoms of Fraud
Video Segment 12 – Interviewing Principles; Evaluation of Deception
Albrecht & Albrecht Chapter 6: Proactive Approaches to Detecting Fraud
Albrecht & Albrecht Chapter 6: Proactive Approaches to Detecting Fraud - continued
Video Segment 13 – Admission Seeking Interviews
Video Segment 14 – Admission Seeking Interviews; Signed Statements; Public Records
Albrecht & Albrecht Chapter 7: Investigating Theft and Concealment – Part 1
Video Segment 15 – Sources of Information
Video Segment 16 – Sources of Information; Introduction to Criminology
Albrecht & Albrecht Chapter 7: Investigating Theft and Concealment – Part 2
Video Segment 17 – Punishment; Overview of Theories of Crime Causation
Video Segment 18 – Deterrence Theories
Albrecht & Albrecht Chapter 8: Conversion Investigation Methods
Video Segment 19 – White-Collar Crime; Embezzlement
Video Segment 20 – Categories of White-Collar Crime; Ethical Principles for Fraud Examiners
Albrecht & Albrecht Chapter 9: Inquiry Methods and Fraud Reports
Albrecht & Albrecht Chapter 9: Inquiry Methods and Fraud Reports
Albrecht & Albrecht Chapter 10: Financial Statement Fraud
No class: Reading day
FINAL EXAMINATIONS:
Section 01 (MWF 8-8:50): final exam is Monday May 7th 8:00 a.m. to 10:00 a.m.
Section 02 (MWF 9-9:50): final exam is Wednesday May 9th 8:00 a.m. to 10:00 a.m.
ADDENDUM TO COURSE SYLLABUS
ATTENDANCE POLICY
ACC 300 FRAUD EXAMINATION FOR MANAGERS
SPRING 2007
Attendance is an important component of this course and is required for all students.
The General Rule: The semester average will be reduced by 3 percentage points for each
absence in excess of an allowance of three.
The Limited Exception: If a student has four or more excused absences, the student
should provide evidence of each those absences at the end of the semester. In this
situation, the instructor may, at his sole discretion, increase the allowance up to the
number of excused absences. In no case will the allowance be increased to more than six.
Example 1:
Scenario
Student has a 90 average on the quizzes
and a 70 average on the exams. However,
she missed 19 classes due to morning
sickness associated with her pregnancy.
Example 2:
Student has a 90 average on the quizzes
and a 70 average on the exams. However,
she missed 6 classes; three of which were
due to travel to away games for the
collegiate sport she plays.
Example 3:
Student has a 90 average on the quizzes
and a 70 average on the exams. However,
he missed 6 classes because he didn’t feel
like getting up in time for class.
Example 4:
Student has a 90 average on the quizzes
and a 70 average on the exams. However,
she missed 6 classes; four of which were
due to travel to away games for the
collegiate sport she plays.
Example 5:
Student has a 90 average on the quizzes
and a 70 average on the exams. However,
he missed 12 classes; four of which were
due to travel to away games for the
collegiate sport he plays and four were
attributed to a documented illness.
Grade Calculations
Quizzes 90 * .70 = 63.0
Exams
70 * .30 = 21.0
Weighted Average = 84.0
Less: (19-3) * 3 = (48.0)
Semester Average
36.0
Semester Grade
F
Quizzes 90 * .70 = 63.0
Exams
70 * .30 = 21.0
Weighted Average = 84.0
Less: (6-3) * 3 = (9.0)
Semester Average
75.0
Semester Grade
C
Quizzes 90 * .70 = 63.0
Exams
70 * .30 = 21.0
Weighted Average = 84.0
Less: (6-3) * 3 = (9.0)
Semester Average
75.0
Semester Grade
C
Quizzes 90 * .70 = 63.0
Exams
70 * .30 = 21.0
Weighted Average = 84.0
Less: (6-4) * 3 = (6.0)
Semester Average
78.0
Semester Grade
C+
Quizzes 90 * .70 = 63.0
Exams
70 * .30 = 21.0
Weighted Average = 84.0
Less: (12-6) * 3 = (18.0)
Semester Average
66.0
Semester Grade
D