Опис курсу

Subject of the Academic Discipline

The subject of the academic discipline: the current state of financial, economic, analytical, and business activities of economic sectors and entrepreneurship, materials from audits, inspections, and research that reveal violations and abuses, as well as the illegal use of state property and funds.

Objective of the Academic Discipline

The objective of the academic discipline is to study the fundamentals of financial investigations (forensics), gaining knowledge in the theory and practice of analytical research of accounting and reporting indicators of financial and economic activities of state and commercial structural units.

Main Tasks

• Define theoretical and methodological principles, modern techniques, and methods of analytical work with financial-accounting and reporting indicators of economic activity.
• Prepare to express information through the accounting and reporting data system to reflect the overall state and changes in financial and economic operations of production structures.
• Learn to practically express the actual state of an economic entity through financial-economic indicators and forecast its future development.
• Gain practical experience in formulating and documenting objective proposals based on financial investigations.
• Be prepared to make specific conclusions and proposals regarding the further development prospects of state and business economic entities.

Place of the Academic Discipline in the Structure of Bachelor’s Training

The academic discipline “Fundamentals of Forensics” is an elective course in the training of bachelors in accounting and taxation. Its study is organically linked with disciplines such as “Accounting,” “Financial Accounting I,” “Financial Accounting II,” “Accounting in Economic Sectors,” “Business Activity Analysis,” “Accounting and Reporting in the Public Sector,” “Management Accounting,” “Digitalization in Accounting and Taxation,” “Accounting and Reporting in Taxation,” and “Enterprise Reporting.”

Competency, Knowledge, and Skill Requirements

Upon studying this academic discipline, students should develop the following competencies:

General Competencies:

• GC02. Ability for abstract thinking, analysis, and synthesis.
• GC08. Knowledge and understanding of the subject area and professional activities.
• GC11. Skills in using modern information systems and communication technologies.
• GC16. Ability to make decisions and act while adhering to the principle of zero tolerance for corruption and any other forms of dishonesty.

Special Competencies:

• SC08. Identify and assess risks of an economic entity failing to achieve management goals, violating legislation and activity regulations, providing inaccurate reporting, and preserving and using its resources.
• SC09. Conduct external and internal control of an enterprise’s activities and compliance with accounting and taxation legislation.
• SC11. Demonstrate an understanding of professional activity requirements dictated by the necessity of ensuring sustainable development in Ukraine and strengthening it as a democratic, social, and legal state.
• SC13. Correctly interpret and apply provisions of the Criminal, Criminal Procedural, Economic, Tax, Budget, and Customs Codes, as well as other legal acts of Ukraine regulating financial and legal responsibility for violations in financial, budgetary, and taxation spheres, including fraud, bribery, and corruption, and implement methods of counteraction and prevention of financial offenses.
• SC14. Classify financial offenses, determine their essence in the respective field, conduct analytical work, develop legal thinking, work with documents, and identify and determine counteraction methods to crimes in economic activities.

The study of the academic discipline “Fundamentals of Forensics” aims to achieve a qualification level where a specialist should:

a) Know:

• Key production, financial, and reporting indicators of an enterprise’s and organization’s activities, their interrelations, and interdependencies.
• Extensive knowledge in economics, financial law, accounting, financial, managerial, and strategic accounting, and detailed analytical work concerning both the enterprise as a whole and its structural units.
• The arsenal and content of financial, accounting, statistical, taxation, and other reports of state and non-state economic structures as primary information sources for forensics.
• Modern methods, principles, and forms of detailed substantiation of conclusions for making managerial decisions regarding new proposals aimed at identifying reserves to improve the efficiency of economic entities.
• Specialized tasks and practical problems in professional activities related to accounting, auditing, and taxation, using economic science theories and methods.
• The current legislation regarding legal measures to maximize compensation for damages and financial losses of funds and property.

b) Be able to:

• Thoroughly read, understand, and handle indicators of primary documents, financial, accounting, statistical, taxation, management, and other reports.
• Conduct analytical research on changes in economic processes and phenomena in modern society.
• Make well-grounded, logical, and objective conclusions based on forensic investigations.
• Provide concrete business proposals for their implementation in the financial activities of an economic entity.
• Prepare management decision projects based on research and investigations regarding accountability measures for guilty parties and the maximum recovery of incurred damages.
• Find new approaches and proposals for solving specific situational problems in the field of production scenarios and economic development.
• Develop and practically apply strategic decisions for the long-term competitive development of a production enterprise in a specific market environment.
• Critically and self-critically evaluate information based on ethical considerations.
• Ensure the ability to exercise one’s rights and responsibilities as a member of society, recognizing the values of civil society, the rule of law, and human and citizen rights and freedoms in Ukraine.
• Master the methodology for forecasting the long-term competitive development of an economic entity using modern information systems and communication technologies.
• Provide detailed forensic investigation support to its full logical completion with obtained results.
• Apply forensic methods to combat corruption during public procurement, market manipulation, pricing, supply conditions, and fraud.

Learning Outcomes of the Program:

• LO24. Analyze the conditions and causes of offenses and determine ways to eliminate them.
• LO25. Develop countermeasures against economic crime in the field of economic activity based on appropriately gathered information and analysis results.