Embezzlement at the Grandview Community Recreation Association

• In Event: Teaching Cases III

Abstract

This case, inspired by and based on actual fraud cases, introduces students to forensic accounting and fraud investigations. Students assume the role of a volunteer investigator who is helping the local police department investigate a possible embezzlement in a small not-for-profit organization. They learn about the activities of the organization and examine various accounting and bank records. They are encouraged to identify discrepancies between the organization’s accounting and bank records; to apply the fraud triangle; and to provide recommendations to the organization. The case is appropriate for use in introductory courses in forensic accounting or auditing.

Authors

• Lawrence Chui, University of St Thomas - Minneapolis

• Diane M Matson, University of St Thomas - Minneapolis