MSc Forensic Audit and Accounting

Forensic accounting and the related discipline of forensic audit are fast-developing areas in the commercial world. The major professional accounting firms now have departments offering forensic accounting and audit services, and the demand for expertise in this area is growing exponentially. There is a need for people with specialist skills who can undertake fraud investigations, valuations, assist in dispute resolution, prepare expert reports, and conduct fraud and forensic analysis – and the MSc Forensic Audit and Accounting course will develop these specialists skills.

The MSc Forensic Audit and Accounting will build your confidence in the forensic audit of business data and provide you with advanced analytical, evaluation and problem solving skills. You will learn how to evaluate the principles of good corporate governance and the integrity of management, and to understand the role of computer forensic techniques in an investigatory and legal context.

Study Mode
2017
Duration Start Date Campus Campus Code
Full-time 1 Years September Treforest A
Study Mode
2018
Duration Start Date Campus Campus Code
Full-time 1 Years February Treforest A
Full-time 1 Years September Treforest A
Part-time 2 Years February Treforest A
Part-time 2 Years September Treforest A

You will study the following specified or core modules. Note, these are all 20 credit modules, with the exception of the dissertation, which is 60 credits:

  • Corporate Governance
    Learn about the systems by which companies are directed and controlled, and their implication for fraud prevention and abuses of power.
  • Forensic Audit and Accounting
    You will be introduced to the principles of forensic audit and accounting, including theoretical concepts allied to investigation and analysis.
  • Research Methods for Finance and Accounting
    Gain an appreciation of the academic research process and the underlying elements and principles, developing the skills to critically evaluate and conduct postgraduate research.
  • Dissertation - Accounting and Finance
    Undertake a significant piece of research into an appropriate area of study.

Students then choose three modules from the following 20 credit option modules (option availaibility subject to student demand):

  • Computer Forensics and Crime Investigation
    Learn about the techniques and practices of computer forensics, applied to practical problems encountered by forensic accounting investigators.
  • Audit and Assurance in a Global Environment
    Gain an appreciation of the knowledge, skills and professional judgement needed in a variety of audit and assurance engagements.
  • Expert Witnesses and their Role in Dispute Resolution
    Gain an understanding of the role of an expert, including dispute resolution methods, legal and procedural requirements for experts in pre-trial and court situations.
  • Contemporary Issues
    Consider contemporary theories and developments in accounting and auditing thought and practice, including forensic accounting.

Teaching

The MSc Forensic Audit and Accounting course is delivered full-time through a combination of lectures, tutorials, computer workshops, case study analysis and discussion groups. You will be exposed to real-life situations and given the skills and opportunities to find practical solutions. You will have the opportunity to use state-of-the-art computer forensic and data analysis software.

Assessment

Assessment methods include examinations and coursework-based assignments.

Accreditations

You will receive a full master’s degree from the University of South Wales that demonstrates a high-order overview of Forensic Audit and Accounting. There is currently no accreditation associated with this course.

Facilities

Specialist IT facilities are used where appropriate including audit and computer forensic software.

Lecturers

A minimum 2:2 Honours degree in accounting, audit or finance. Alternatively, a minimum 2:2 Honours degree in business with an appropriate level of financial content, from a UK university.

Equivalent accredited international or professional qualifications are acceptable.

Full-time fees are per year. Part-time fees are per 20 credits. Once enrolled, the fee will remain at the same rate throughout the duration of your study on this course.

August 2017 - July 2018 Fees

  • Full-time UK and EU:  £6000 
  • Full-time International:  £12600 
  • Part-time UK and EU: TBC

August 2018 - July 2019 Fees

  • Full-time UK and EU: TBC
  • Full-time International:  £13000 
  • Part-time UK and EU: TBC

Additional Costs

Students have access to a wide range of resources including textbooks, publications, and computers in the University’s library and via online resources. In most cases they are more than sufficient to complete a course of study. Where there are additional costs, either obligatory or optional, these are detailed below. Of course students may choose to purchase their own additional personal resources/tools over and above those listed to support their studies at their own expense. All stationery and printing costs are at a student’s own expense.

Apply directly to the University if you are applying for a part-time, professional or postgraduate course, an Erasmus/Exchange programme, the Legal Practice (part-time) course, to top up your Foundation Degree or HND, or to transfer to USW from another institution.    

Apply now 

Admissions statement 

Employment opportunities are numerous, from specialist firms of forensic accountants to specialist departments within accountancy firms. There are many opportunities in the public and regulatory sectors, as well as employment prospects in commercial organisations, as part of investigatory, internal audit, and compliance departments. Recent graduates from this course are employed in the forensic accounting department of a ‘Big Four’ accountancy firm, and as a Fraud Investigator for a national public sector auditor.

Our Careers and Employability Service

As a USW student, you will have access to advice from the Careers and Employability Service throughout your studies and after you graduate.

This includes: one-to-one appointments from faculty based Career Advisers, in person, over the phone or even on Skype and through email via the "Ask a Question" service. We also have extensive online resources for help with considering your career options and presenting yourself well to employers. Resources include psychometric tests, career assessments, a CV builder, interview simulator and application help. Our employer database has over 2,000 registered employers targeting USW students, you can receive weekly email alerts for jobs.

Our Careers service has dedicated teams: A central work experience team to help you find relevant placements; an employability development team which includes an employability programme called Grad Edge; and an Enterprise team focused on new business ideas and entrepreneurship.