Implementation of Financial Fraudulent Reporting Course in EU Universities

ended

The module aims to build a specialized perspective of students on detection and prevention of the fraudulent financial reporting. Recent data shows that fraudulent financial reporting continue to be an increasingly serious issue even if there are measures implemented that can detect the fraud. The financial statement fraud can still be committed, and more important the fraud can remain undetected often four years. Given these safeguards, the question arises of how financial statement fraud can be committed in the first place, and, even more important, how it can remain undetected, often for years. In this respect, the proposed course is aiming at understanding the financial statement fraud including its deterrence prevention and detection. The module aims at delivering, to postgraduate students, high legal and financial expertise information in fraudulent financial reporting and associate risk management, in order to guarantee in-depth knowledge and high performance. The innovative character is ensured by the fact that the courses are new for the curricula. The courses will address both to postgraduate students in economics, public administration and legal science (first semester of each academic year) and, in the second semester, to students that do not have a financial expertise and/or legal background, especially economics students as in future business relations will need such advanced knowledge. Dissemination of results during the project activities will be ensured by the ongoing dialogue between those interested in the topics of teaching, dialogue facilitated by a web pages on the websites of the host universities (ILIAS from University of Konstanz, portal and e-learning on-line platforms of University Alexandru Ioan Cuza of Iasi) and on proposed virtual platform of the project (EUFACT - EU Financial frAud deteCtion and prevenTion).