Order Forensic Accounting Education Institutions

Order Forensic Accounting Education Institutions
1. Explain why forensic accounting is like a three-layered wedding cake.
2. Consult your university course catalog(s) and put together a list of courses
outside the accounting curriculum that you believe would help create a wellrounded forensic education.
3. On the Internet locate Kessler’s Report (2014) and select what percentage of
resumes contain falsehoods:
a. 10 – 25%.
b. 25 – 35%.
c. 35 – 40%.
d. 40 – 45%.
e. Some other percentage.
4. According to the U.S. Chamber of Commerce (on Kessler’s Report (2014)), what
percentage of world trade companies counterfeit products:
a. 5% to 7%.
b. 9% to 11%.
c. 12% to 15%.
d. 16% to 19%.
e. 20% to 22%.
5. According to Kessler’s Report (2014), which would not be typical fraud
involving construction projects: a. Tax fraud.
b. Bid rigging.
c. Bribery.
d. Fraudulent disbursements.
e. None of the above.
6. Explain why the FBI would need forensic accountants. What other government
agencies might need forensic accounting skills?
7. Of the 49 topics listed by a group of educators, what five topics are more
important?
Order Forensic Accounting Education Institutions
8. As an expert witness, the forensic accountant should have an understanding of:
a. Business valuations
b. Commercial litigation
c. Bankruptcy
d. Courtroom terminology
e. All of the above
9. A forensic accountant may: a. Perform fraud audits
b. Provide litigation support c. Investigate an embezzlement d. Trace missing funds
e. All of the above
10. Should a forensic accountant have a CPA certificate? What other certificates are
appropriate? 11. What four disciplines make up the knowledge base of forensic
accounting?
12. Why may behavioral forensic techniques catch some fraud schemes that data
driven techniques miss?
13. Why is fraud like termites and rust?
14. What forensic certificate does the American College of Forensic Examiners
International offer? How many tests are required? What city is the organization
located?
15. May a forensic accountant have a monetary interest in the outcome of a court
decision?
16. Where is the home office of the Association of Certified Fraud Examiners?
Would all of its members have an accounting and auditing background? Does the
group have a Code of Ethics?