Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2012 (Day)
Caulfield Second semester 2012 (Evening)


This unit covers theoretical and practical issues relevant to forensic accounting and fraud examination. Forensic accounting is the application of investigative and analytical skills to resolve financial issues in a manner that meets standards required by courts of law. Fraud examination is the process used to resolve allegations of fraud through the accumulation of evidence, including the investigation of systems and internal controls, and the detection of fraud circumstances. The unit examines the investigative process as well as an array of tools and techniques used to investigate financial forensic issues and fraud. Topics include: methods and techniques used by forensic accountants to collect, analyse and report relevant information for supporting cases to be presented in court; the nature, prevention, detection and investigation of different types of fraud, including: financial statement fraud, fraud against the organisation, consumer fraud, and e-commerce fraud.


The learning goals associated with this unit are to:

  1. examine the nature of fraud and critically evaluate and apply theories and techniques to prevent, detect and investigate different types of fraud, including financial statement fraud, fraud against organisations, consumer fraud, and fraud in e-commerce
  2. demonstrate the application of knowledge and skills that forensic accountants and fraud examiners are expected to possess. These include: investigative techniques, knowledge of auditing, ethics, criminology, accounting, law, and information technology, and communication skills
  3. develop an ability to work independently and to lead and participate in teams from diverse cultural and social backgrounds by completing both independent and group assessable tasks
  4. apply critical thinking, problem solving and presentation skills to individual and / or group activities dealing with forensic accounting and fraud examination and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFX5120.


Within semester assessment: 40%
Examination (3 hours): 60%

Chief examiner(s)

Dr Michael De Martinis

Contact hours

3 hours per week


Students must be enrolled in one of the following courses or seek the approval of the chief examiner before undertaking this unit: 0503, 3850, 3844, 4401, 0790, 0826 or 3843.

It is also recommended that students have passed AFX9500, GSB9004 or equivalent before undertaking this unit.