AF4S068 - Forensic Financial Analysis 26 Mar 2019 - 31 Aug 2027 | Version 1
Associated Module Information
| Module Code: | AF4S068 | ||
|---|---|---|---|
| Module Title: | Forensic Financial Analysis | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Accounting and Finance | ||
| Faculty Sub Group: | Accounting and Finance | ||
| Module Leader: | Jonathan Evans | ||
| Module Team: | Jared Davies | ||
| First Intended Intake: | SEP 2019 | Final Year of Intake: | 2024 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 7 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100105 - accounting | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 1 |
|---|---|
| Valid From | 26 Mar 2019 |
| Valid To | 31 Aug 2027 |
Module Aims
To develop an understanding of the tools and techniques of forensic accounting analysis.
To critically appraise the usefulness of forensic financial analysis as part of the role of the forensic accounting practitioner.
To critically examine current issues in forensic financial analysis
Content Summary
Current issues and techniques of the forensic financial analyst will be covered during the study programme. These issues may include:
Valuation techniques of individual assets, unincorporated business, liabilities.
Financial analysis of reported financial statements – including required adjustments to calculate maintainable earnings.
Hidden asset identification, tracing and recovery – private and public sector roles.
Qualification of losses in various scenarios including insurance clams, breach of contract etc.
Financial statement fraud – incidence and detection.
Analysis of financial data to identify and quantify fraudulent activities
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Lecture | 20 |
| Seminar | 20 |
| Independent Study | 100 |
| Directed Study | 60 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | To understand and apply forensic financial analysis techniques in a variety of situations. |
| LO2 | To critically explain and evaluate the usefulness and limitations of a forensic financial analyst’s role in an organisation |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Written Examination | Written Examination - Closed Book (Unseen) 1 | Examination of forensic accounting and analytical techniques | 180 | N/A | 50 | No | 40 |
| Written Assignment (CW) | Report (CW) 1 | A practical review of services offered by forensic accounting analysts. | 0 | 3000 | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Written Examination - Closed Book (Unseen) 1 | ✔ | ✔ | |
| Report (CW) 1 | ✔ | ✔ | |