Forensic Business Processes

Subject ACCT90026 (2016)

Note: This is an archived Handbook entry from 2016.

Credit Points: 12.5
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2016:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 29-Feb-2016 to 29-May-2016
Assessment Period End 24-Jun-2016
Last date to Self-Enrol 11-Mar-2016
Census Date 31-Mar-2016
Last date to Withdraw without fail 06-May-2016

Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: A total of 36 hours of seminars
Total Time Commitment:

Estimated total time commitment of 120 hours per semester


Completion of an undergraduate degree in accounting, finance, law or another relevant discipline or as approved by the Subject Co-ordinator. Entry into the Master of Accounting (261AL) and Graduate Certificate in Business Forensics (F02AA).



Recommended Background Knowledge:


Non Allowed Subjects:


Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support:


Dr Jennifer Grafton



Subject Overview:

This subject introduces students to the field of forensic accounting. The subject examines in-depth the elements of forensic accounting investigations in the context of the Australian legal system. Specific issues in dispute analysis are covered including, the quantification of loss, business valuation in the context of disputes, and the preparation of expert witness reports. The legal underpinnings of forensic accounting investigations, such torts, contract law and the law of the expert witness are reviewed. Further, the subject covers the role of the forensic accountant in the investigation of fraud and the management of fraud risk within organisations, including both fraud prevention and detection.

Learning Outcomes:

On successful completion of this subject, students should be able to:

  • Describe the role of the forensic accountant in fraud investigations and dispute analysis;
  • Explain the legal requirements and practice considerations of acting as an expert witness;
  • Describe the Australian legal framework for fraud investigations and dispute analysis;
  • Explain the procedures for collecting evidence that are consistent with the requirements of courts of law in Australia;
  • Explain and analyse governance mechanisms and accountability frameworks for the prevention of fraud;
  • Explain and apply fraud detection mechanisms; and
  • Apply the knowledge gained throughout this subject to analyse case studies and produce practical and effective recommendations for the conduct of investigative cases in business forensics.
  • One 2-hour end of semester examination (60%)
  • 3000 word group assignment due late in the semester (30%)
  • Seminar preparation and participation (10%)
Prescribed Texts:

You will be advised of prescribed texts by your lecturer.

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On successful completion of this subject, students should have improved the following generic skills:

  • Ability to understand legislation and legal processes across Australia's legal jurisdictions;
  • Investigative skills in relation to the recognition and collection of evidence;
  • Understanding of the role and procedural relationship between legal practitioners and regulatory authorities;
  • Oral and written communication skills specific to investigative processes; and
  • Critical thinking.
Related Course(s): Graduate Certificate in Business Forensics
Master of Accounting
Master of Management (Accounting and Finance)

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