AF7003 - Financial Crime: Law and Regulation

You will be supported by a teaching and learning plan which outlines the formal sessions, together with tutor-directed study and independent reading. For full time/part-time delivery an interactive approach to sessions will draw upon the directed learning undertaken and participants’ own experiences. Throughout, the emphasis will be on high levels of participation, both individually and within small groups or teams. Participants can therefore expect the reflective-practitioner approach to learning to be embedded in all sessions through undertaking activities which facilitate them to apply theory to ‘real-life’ situations, critically analysing and making recommendations for appropriate ways forward for the organization/individual.

A similar pedagogic approach for DL students will be enabled through asynchronous interaction with peers and module teams facilitated via blackboard functionalities. On-line lectures and supporting materials will be research-led with a significant practical component attached to them. The modular based discussion forum will provide an opportunity for students and the teaching team to interact and discuss the materials with other students in diverse context. The emphasis will be on high levels of participation via a discussion forum both individually and within small groups or teams. Participants can therefore expect the reflective-practitioner approach to learning to be embedded in the online workshops by undertaking activities that will allow them to engage critically with the materials discussed in the module.

The assignment requirements will expect students to engage with a wide range of scholarly sources to evaluate their effectiveness and currency and subsequently communicate them in written format.

Directed learning will centre upon a range of activities including pre-reading, preparation for interactive activities and use of the discussion board on the e-learning platform.

Independent learning will centre upon the students identifying and pursuing areas of interest in relation to forensic accounting and by providing deeper/broader knowledge and understanding of the subject through a range of learning activities that will include extended reading, reflection, research etc.

Critical reflection on knowledge, experience and practice underpins the learning and teaching philosophy along with the explicit development of competence.

The university is well-placed to support you in learning and research with a world-class library and teaching facilities. You will also have access to a wide variety of materials provided by the Association of Certified Fraud Examiners (ACFE). These materials include interviews with white-collar criminals; ACFE’s reading materials, case studies, additional Blackboard materials, and access to Northumbria University’s library and database. In addition, there will be an induction programme to introduce you to the university and the course. You will also be assign a personal tutor to provide pastoral support and guidance throughout the course, English for Specific Academic Purposes (ESAP), summative and formative feedbacks, and a module handbook detailing the course structure and university requirements will be provided to you.

All modules at Northumbria include a range of reading materials that students are expected to engage with. Online reading lists (provided after enrolment) give you access to your reading material for your modules. The Library works in partnership with your module tutors to ensure you have access to the material that you need.

Knowledge & Understanding:
At the end of the module, you will be able to:
-Demonstrate a critical understanding of financial crimes, their typologies and the legal and regulatory framework underpinning their prevention.
-Demonstrate a critical understanding of the ethical and practical implications for individuals, institutions and society arising from the prosecution of particular financial crimes
Intellectual / Professional skills & abilities:
-Developed the skills and abilities to plan their own work to take account of financial crime legislation and procedures.
Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA)
-Develop an understanding of the code of ethics and code of conducts required of professionals and organisations
-Enhance their cultural awareness through working in multicultural teams

Formative assessment will take place through group work, assignment discussion and reflection, discussion board activity on the e-learning platform, case study activity, and theory/practice related discussions. Criteria will be provided to enable participants to understand what is expected of them and how they will be assessed on their performance. Participants are required to demonstrate self-reflection and reflective practice where appropriate. Formative feedback will be provided throughout the module, particularly in relation to seminar tasks. Students should, however be aware that formative feedback can, and will, occur in any communication with an academic tutor.

Summative will be through both a short answer closed book exam (30%) and 3000 word written assignment (70%).

No pre-requisite required

No pre-requisite required

N/A