Cash Theft Investigation and Evidence Documentation

In Case Task 1, students will act as forensic accounting services professionals (AICPA SSFS No. 1; IIA et al. Guide 2008; NIJ Guide 2007), using data analytics (AICPA Guide 2017) to investigate possible thefts of cash. In Case Task 2, students will act as internal auditing services professionals (IIA Framework 2017), using attribute estimation sampling to evaluate the effectiveness of internal controls in responding to the fraud risk regarding the alleged thefts of cash (IIA Standards 2130.A1; COSO 2016). The case meets three primary Case Learning Objectives. 1. Improve students’ “click and play” learning experience about cash theft investigation and evidence documentation (AACSB A5 2018). 2. Increase students’ higher-order cognitive skills in deductive reasoning and inference about evidence (AICPA Exhibit 1 2016). 3. Teach students to document workpapers professionally, clearly, and concisely. The case implementation guide suggests ways to create multiple versions of the case and includes two case extensions.