Course Description :

This course examines corporate fraudulent financial reporting and its impact on corporate governance issues.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog. Please visit Liberty University for details on this course’s prerequisites.

Rationale :

This is a graduate-level course in corporate governance and fraud detection and prevention. The course presents a study of fraud-prevention techniques used by managers in a contemporary business environment. Internal control systems, auditing, and corporate governance are emphasized in this accounting course.

Measurable Learning Outcomes :

Upon successful completion of this course, the students will be able to:

1. Understand various forms of fraudulent activities and their impact on financial statement reporting.
2. Evaluate an organization’s risk of fraudulent financial statement reporting.
3. Recognize the “red flags” of fraudulent activities.
4. Explain how to better detect and prevent fraudulent financial statement reporting.
5. Describe corporate governance and its role in fraud prevention.
6. Evaluate the strength of an organization’s internal control system and make recommendations for creating more effective fraud prevention programs.
7. Identify, document, analyze and test internal controls.

Course Assignment :

Textbook readings and lecture presentations :

Course Requirements Checklist :

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Discussions (5) :

Discussion is a collaborative learning experience.

• Therefore, the student will participate in 5 Discussions.
• In each discussion, the student will submit a thread directly addressing the topic in 500–800 words.
• The thread must include at least 3 peer-reviewed sources and integrate at least 1 biblical principle.
• In addition, the student will submit a meaningful reply to the thread of at least 1 classmate.
• The reply must be 275–400 words and include at least 1 peer-reviewed source.
• All Discussion posts must adhere to the current APA format.

Individual Learning Project: Proposal Assignment :

The student will submit an Individual Learning Project: Proposal. The project requires the analysis and evaluation of an organization’s financial reporting process and the related internal controls. The Proposal must be 275-550 words in addition to the title page, references, and exhibits and must include at least 2 sources in addition to the course textbook and the Bible. The assignment must be in the current APA format.

Individual Learning Project: Final Assignment :

The student will submit a 2,100-2,650 word research paper in the current APA format based on the proposal submitted prior to the course. The final project requires further analysis and evaluation of an organization’s financial reporting process and the related internal controls. The paper must include at least 2 sources in addition to the course textbook and the Bible. A biblical application must be included.

Quizzes (2) :

Each quiz will cover the Learn material for the assigned modules: weeks. Each quiz will be open-book/open-notes, contain 25 true/false and multiple-choice questions, and have a time limit of 1 hour and 15 minutes.