SOLUTION MANUAL
FOR INTRODUCTION
TO FORENSIC
ACCOUNTING AND
FRAUD EXAMINATION
COURSE MATERIAL
, TABLE OF CONTENTS
Chapter 1: Core Foundation Related To Forensic Accounting And Fraud Examination 1
Module 1: What Is Fraud? 3
Module 2: What Is Forensic Accounting? 13
Module 3: The Professional’s Skill Set 15
Module 4: The Role Of Auditing, Fraud Examination, And Forensic Accounting 16
Module 5: The Basics Of Fraud 18
Module 6: The Investigation 30
Module 7: Fraud Examination Methodology 44
Chapter 1: Test Your Knowledge 47
Chapter 1: Solutions And Suggested Responses 51
Chapter 2: Who Commits Fraud And Why: The Profile And Psychology Of The Fraudster 55
Module 1: Criminology, Fraud, And Forensic Accounting 56
Module 2: Who Commits Fraud And Why: The Fraud Triangle 61
Module 3: The Role Of Personal Integrity, Capability, Gender, And The Influence
Of The Organization 75
Module 4: The Psychology Of The Fraudster, A Deeper Look: M.I.C.E., Predators,
And Collusion 85
Module 5: The Fraud Triangle In Court And The Meta-Model 93
Chapter 2: Test Your Knowledge 97
Chapter 2: Solutions And Suggested Responses 101
Chapter 3: Legal, Regulatory, And Professional Environment 105
Module 1: Introduction 107
Module 2: The Rights Of Individuals 108
Module 3: Probable Cause 117
Module 4: Rules Of Evidence 120
Module 5: Criminal Justice System 122
Module 6: Civil Justice System 125
Basic Accounting Principles 129
Regulatory System 140
The Role Of Corporate Governance 161
Chapter 3: Test Your Knowledge 163
Chapter 3: Solutions And Suggested Responses 167
Appendix: Careers In Fraud Examination And Financial Forensics 171
Glossary 195
Index 205
, NOTICE
This Course And Test Have Been Adapted From Supplemental Materials And Uses Partial Text From The Materials Entitled Forensic Accounting
And Fraud Examination By Mary-Jo Kranacher And Richard A. Riley, Jr. © 2020 By John Wiley & Sons, Inc. Displayed By Permission Of The
Publisher, John Wiley & Sons, Inc., Hoboken, New Jersey.
The Views Expressed In This Text Are Those Of The Author(S) And Do Not Necessarily Reflect The Views, Opinions, Or Positions Of
Professional Education Services, LP, Its Employees, Or Owners.
Use Of These Materials Or Services Provided By Professional Education Services, LP (“PES”) Is Governed By The Terms And Conditions On PES’
Website (Www.Mypescpe.Com). PES Provides This Course With The Understanding That It Is Not Providing Any Accounting, Legal, Or Other
Professional Advice And Assumes No Liability Whatsoever In Connection With Its Use. PES Has Used Diligent Efforts To Provide Quality
Information And Material To Its Customers, But Does Not Warrant Or Guarantee The Accuracy, Timeliness, Completeness, Or Currency Of The
Information Contained Herein. Ultimately, The Responsibility To Comply With Applicable Legal Requirements Falls Solely On The Individual
Licensee, Not PES. PES Encourages You To Contact Your State Board Or Licensing Agency For The Latest Information And To Confirm Or Clarify Any
Questions Or Concerns You Have Regarding Your Duties Or Obligations As A Licensed Professional.
© Professional Education Services, LP 2023 Program
Publication Date 11/29/2023
This Course Is One Of A Series Of Courses For Fraud Examination That Builds A Comprehensive Understanding Of
This Important Topic. They May Be Taken In Order, Taken Individually Or All Together.
Course #8315 Introduction To Forensic Accounting And Fraud Examination
Course #8320 Fraud Schemes
Course #8325 Detection And Investigative Tools And Techniques In Fraud Examination Course
#8330 Additional Topics In Forensic Accounting And Fraud Examination Course #8335 Fraud
Examination: Litigation Advisory Services And Remediation
Please Note: As This Is A New Series, Some Of The Courses Listed May Still Be In The Development Phase And Not Yet
Available. Please Check Our Website At Www.Mypescpe.Com For Full Course Descriptions And Availability.
Ii • Table Of Contents Table of Contents • i
,
FOR INTRODUCTION
TO FORENSIC
ACCOUNTING AND
FRAUD EXAMINATION
COURSE MATERIAL
, TABLE OF CONTENTS
Chapter 1: Core Foundation Related To Forensic Accounting And Fraud Examination 1
Module 1: What Is Fraud? 3
Module 2: What Is Forensic Accounting? 13
Module 3: The Professional’s Skill Set 15
Module 4: The Role Of Auditing, Fraud Examination, And Forensic Accounting 16
Module 5: The Basics Of Fraud 18
Module 6: The Investigation 30
Module 7: Fraud Examination Methodology 44
Chapter 1: Test Your Knowledge 47
Chapter 1: Solutions And Suggested Responses 51
Chapter 2: Who Commits Fraud And Why: The Profile And Psychology Of The Fraudster 55
Module 1: Criminology, Fraud, And Forensic Accounting 56
Module 2: Who Commits Fraud And Why: The Fraud Triangle 61
Module 3: The Role Of Personal Integrity, Capability, Gender, And The Influence
Of The Organization 75
Module 4: The Psychology Of The Fraudster, A Deeper Look: M.I.C.E., Predators,
And Collusion 85
Module 5: The Fraud Triangle In Court And The Meta-Model 93
Chapter 2: Test Your Knowledge 97
Chapter 2: Solutions And Suggested Responses 101
Chapter 3: Legal, Regulatory, And Professional Environment 105
Module 1: Introduction 107
Module 2: The Rights Of Individuals 108
Module 3: Probable Cause 117
Module 4: Rules Of Evidence 120
Module 5: Criminal Justice System 122
Module 6: Civil Justice System 125
Basic Accounting Principles 129
Regulatory System 140
The Role Of Corporate Governance 161
Chapter 3: Test Your Knowledge 163
Chapter 3: Solutions And Suggested Responses 167
Appendix: Careers In Fraud Examination And Financial Forensics 171
Glossary 195
Index 205
, NOTICE
This Course And Test Have Been Adapted From Supplemental Materials And Uses Partial Text From The Materials Entitled Forensic Accounting
And Fraud Examination By Mary-Jo Kranacher And Richard A. Riley, Jr. © 2020 By John Wiley & Sons, Inc. Displayed By Permission Of The
Publisher, John Wiley & Sons, Inc., Hoboken, New Jersey.
The Views Expressed In This Text Are Those Of The Author(S) And Do Not Necessarily Reflect The Views, Opinions, Or Positions Of
Professional Education Services, LP, Its Employees, Or Owners.
Use Of These Materials Or Services Provided By Professional Education Services, LP (“PES”) Is Governed By The Terms And Conditions On PES’
Website (Www.Mypescpe.Com). PES Provides This Course With The Understanding That It Is Not Providing Any Accounting, Legal, Or Other
Professional Advice And Assumes No Liability Whatsoever In Connection With Its Use. PES Has Used Diligent Efforts To Provide Quality
Information And Material To Its Customers, But Does Not Warrant Or Guarantee The Accuracy, Timeliness, Completeness, Or Currency Of The
Information Contained Herein. Ultimately, The Responsibility To Comply With Applicable Legal Requirements Falls Solely On The Individual
Licensee, Not PES. PES Encourages You To Contact Your State Board Or Licensing Agency For The Latest Information And To Confirm Or Clarify Any
Questions Or Concerns You Have Regarding Your Duties Or Obligations As A Licensed Professional.
© Professional Education Services, LP 2023 Program
Publication Date 11/29/2023
This Course Is One Of A Series Of Courses For Fraud Examination That Builds A Comprehensive Understanding Of
This Important Topic. They May Be Taken In Order, Taken Individually Or All Together.
Course #8315 Introduction To Forensic Accounting And Fraud Examination
Course #8320 Fraud Schemes
Course #8325 Detection And Investigative Tools And Techniques In Fraud Examination Course
#8330 Additional Topics In Forensic Accounting And Fraud Examination Course #8335 Fraud
Examination: Litigation Advisory Services And Remediation
Please Note: As This Is A New Series, Some Of The Courses Listed May Still Be In The Development Phase And Not Yet
Available. Please Check Our Website At Www.Mypescpe.Com For Full Course Descriptions And Availability.
Ii • Table Of Contents Table of Contents • i
,
