Financial Crime World

Forensic Accounting Techniques Take Centre Stage in Singapore’s Fight Against Fraud

In an effort to combat white-collar crime, the National University of Singapore has introduced a new module on forensic accounting techniques designed to equip students with the skills they need to detect and prevent financial fraud.

Module Overview

The ACC3103 module is specifically tailored for students who wish to pursue a career in forensic investigation or provide advice and assurance on risk management to audit committees and executive management. This comprehensive course delves into various types of white-collar crime, including:

  • Asset misappropriation
  • Fraudulent reporting
  • Bribery and corruption
  • Money laundering

Digital Forensic Investigative Approaches

Students will learn about digital forensic investigative approaches, such as:

  • Email investigations
  • Cyber investigations
  • Mobile device investigations
  • Forensic data analytics

Audit Techniques and Risk Management

Using current computer-assisted audit tools and techniques, students will be able to perform audit tests, identify red flags in the data, interpret the ensuing audit results, and recommend appropriate responses to prevent or mitigate fraud schemes. The module also covers:

  • Organizational governance related to risk management
  • Principles of risk management processes
  • The role of the auditor in providing risk management assurance

Prerequisites and Future Prospects

To enroll in this module, students must first complete the ACC3001 Integrated Work Study Programme. With the increasing incidence of financial fraud in Singapore, this course is expected to be a valuable asset for aspiring forensic accountants and auditors seeking to make a meaningful contribution to the fight against white-collar crime.

Join the Fight Against Fraud

This module provides students with the skills and knowledge necessary to combat white-collar crime and contribute to the fight against fraud. By equipping yourself with forensic accounting techniques, you can make a significant impact in this area and help ensure the integrity of financial systems.