critically evaluate the importance of the ‘unbroken chain’ of evidence in a forensic accounting investigation and the related responsibilities of the forensic accountant.

INSTRUCTIONS TO CANDIDATES:

1. This is an open book examination.

2. Non-programmable calculators are allowed.

3. There are three questions in this paper. You must answer any two of these questions.

Answer any two of the following three questions.

QUESTION 1

Using examples to support your answer, critically evaluate the importance of the ‘unbroken chain’ of evidence in a forensic accounting investigation and the related responsibilities of the forensic accountant.
(50 marks)

QUESTION 2

Using examples to support your answer, critically evaluate the role of collusion in frauds committed against organisations by non-managerial employees. Critically evaluate the effectiveness of at least one related method of detection used by forensic accountants when investigating such collusions.
(50 marks)

QUESTION 3

Using examples to support your answer, critically evaluate the usefulness of computerized data analysis to forensic accountants when investigating potential fraud.