JST473 Anti-Money Laundering and Counter Terrorist Financing: Operational Issues (8)
CSU Discipline Area: Justice Studies (JUSTU)
Duration: One session
Abstract:
This subject will examine the methods of forensic accounting, asset tracing, and recovery in the investigative process. Topics include: basic accounting concepts, the environment in which white collar crime occurs, the various business processes and related internal controls; a review of the different types of fraud schemes that can occur; and, an exploration of the detection and prevention methods used to counter these fraud schemes. It will examine the legislation in relation to bankruptcy and the various options available to investigators whose aim is to trace and recover assets. This subject will cover aspects of asset tracing at Common Law, in Equity and through the superior courts, the contempt provisions and the seizure of property. It will also discuss the arrest of Debtors and Bankrupts.
+ Subject Availability Modes and Locations
| Session 1 | |
|---|---|
| Distance | Manly | Session 2 |
| Distance | Manly |
Continuing students should consult the SAL for current offering details: JST473
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Objectives:
Upon successful completion of this subject, students should:
- be able to review, analyse, consolidate and synthesise legal issues surrounding bankruptcy and seizure of assets
- be able to demonstrate and ability to conduct and manage an asset tracing and recovery process, requiring identification and following of assets, and putting procedures in place for recovery.
- be able to think critically about court processes and procedures as they relate to asset tracing and recovery
- be able to demonstrate sound skills and understanding in how financial accounting can be used in the asset tracing and recovery process
Syllabus:
The subject will cover the following topics:
- Module1: Legal Powers and Legislation
- Module 2: Fraud Examination and Accounting
- Module 3: Auditing and Internal Controls
- Module 4: Bankruptcy
- Module 5: Asset Tracing and Recovery - Common Law
- Module 6: Asset Tracing and Recovery - Equitable Remedies
- Module 7: Case Studies
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.