The College of Business Administration organized a guest speaker workshop, in collaboration with the National Center for Privatization & Public-Private Partnerships (NCP), featuring Mr. Richard Kupisz (Senior Advisor) delivered a...
Visit to the Forensic Accounting Department at Deloitte.
Event details
Visit to the Forensic Accounting Department at Deloitte.
The visit
aimed to provide forensic accounting students with valuable insights into
real-world forensic accounting practices. The session began with a welcoming
speech delivered by Mr. Christopher Clements, General Partner, who introduced
the students to the nature of forensic accounting services and explained the
role forensic accountants play in fraud detection and investigation. He also
discussed the types of fraud, methods of investigation, and the importance of
professional skepticism in handling financial crime cases.
Following the introduction, students had the
opportunity to meet with different teams who shared details about their
specific roles in forensic investigations and the challenges they commonly
face. One of the forensic investigation teams explained the process of evidence
collection and the types of evidence typically sought. They also described
several real-life cases that presented significant challenges—either due to a
lack of evidence or the complexity of the fraudulent schemes involved.
Next, the data analytics team explained how
analytics tools support forensic accountants in conducting more efficient
investigations. They showed how they use Power BI and other analytics tools to
analyze evidence, identify red flags, and generate insights that assist the
investigation teams. The showed students samples of data analytics projects
that illustrated how data visualization can detect fraud patterns.
In addition to fraud detection, the teams
highlighted other important forensic accounting services, including fraud
prevention, bankruptcy investigations, litigation support, and damage
valuation.
Before the ends of the visit, students had an
engaging Q&A session with forensic accounting experts. They asked about the
key skills required to succeed in the profession, the technologies they should
learn, and the career opportunities available for junior forensic accountants.