Forensic accounting and the related discipline of forensic audit are fast-developing areas in the commercial world. The major professional accounting firms now have departments offering forensic accounting and audit services, and the demand for expertise in this area is growing exponentially. There is a need for people with specialist skills who can undertake fraud investigations, valuations, assist in dispute resolution, prepare expert reports, and conduct fraud and forensic analysis – and the MSc Forensic Audit and Accounting course will develop these specialists skills.
The MSc Forensic Audit and Accounting will build your confidence in the forensic audit of business data and provide you with advanced analytical, evaluation and problem solving skills. You will learn how to evaluate the principles of good corporate governance and the integrity of management, and to understand the role of computer forensic techniques in an investigatory and legal context.
You will study the following specified or core modules. Note, these are all 20 credit modules, with the exception of the dissertation, which is 60 credits:
Learn about the systems by which companies are directed and controlled, and their implication for fraud prevention and abuses of power.
Forensic Audit and Accounting
You will be introduced to the principles of forensic audit and accounting, including theoretical concepts allied to investigation and analysis.
Research Methods for Finance and Accounting
Gain an appreciation of the academic research process and the underlying elements and principles, developing the skills to critically evaluate and conduct postgraduate research.
Dissertation – Accounting and Finance
Undertake a significant piece of research into an appropriate area of study.
Students then choose three modules from the following 20 credit option modules (option availaibility subject to student demand):
Computer Forensics and Crime Investigation
Learn about the techniques and practices of computer forensics, applied to practical problems encountered by forensic accounting investigators.
Audit and Assurance in a Global Environment
Gain an appreciation of the knowledge, skills and professional judgement needed in a variety of audit and assurance engagements.
Expert Witnesses and their Role in Dispute Resolution
Gain an understanding of the role of an expert, including dispute resolution methods, legal and procedural requirements for experts in pre-trial and court situations.
Consider contemporary theories and developments in accounting and auditing thought and practice, including forensic accounting.
Employment opportunities are numerous, from specialist firms of forensic accountants to specialist departments within accountancy firms. There are many opportunities in the public and regulatory sectors, as well as employment prospects in commercial organisations, as part of investigatory, internal audit, and compliance departments. Recent graduates from this course are employed in the forensic accounting department of a ‘Big Four’ accountancy firm, and as a Fraud Investigator for a national public sector auditor.