Forensic accounting: Use of CAATT

Teaching results

Upon finishing the course, the student will acquire knowledge, competences and skills necessary for a practice of an accounting professional conduct in order to detect irregularities and anomalies in accounting records with the use of computer assisted tools and techniques (CAATT), assessment of the findings and reporting of the final information.
Knowledge
The student will acquire knowledge on the anomalies and irregularities in accounting records, their relation to legal economic interests of respective stakeholders and the employment of (non)accounting data in their detection. In addition, he/she acquires knowledge on the securement of integration of processed and resulting records and on the requirements for their reporting to various stakeholder (including, but not limited to, bodies charged with control or governance over the entities, internal audit departments, statutory auditors, tax authors or police).
Competences
The student will be able to identify the requirements of respective stakeholders for checking the accounting records, to design both the procedures focused on the identification of anomalies and irregularities procedures for securing the integrity of the data and to communicate resulting findings to respective stakeholders in accordance with established criteria.
Skills
The student will be able to command the specific software for the computer assisted audit tools and techniques, to form and manages specific projects, to import the data from various environments and in different formats, to make their selection in accordance with distinct criteria, to make samples in accordance with established audit procedures, to document the process of acquisition and processing the data and to form a final report of the findings addressed to respective interested parties.