ENG2630. Forensic Accounting in Action: Corporate Fraud Case Studies (FIN, NAA)

This session explores the role of forensic accountants within the Federal Bureau of Investigation (FBI) from case inception to conviction. Using two real-world case studies, the presenters will demonstrate investigative techniques, internal control weaknesses, and professional responsibilities to enhance fraud detection and prevention. The first case study is a textbook example of employee embezzlement in a corporate environment, emphasizing the importance of red flag identification and separation of duties. The second highlights how failures in internal controls can have a recurring impact on nonprofits, as seen in cases where the same individual exploited similar vulnerabilities at multiple organizations.

Learning Objectives:

• Identify common types of corporate fraud schemes.
• Recognize key red flags and behavioral indicators.
• Explain the role of forensic accountants in fraud detection, investigation, and litigation support.