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Peer Review

How might the management of Jos-Tech have prevented an employee from stealing almost $500,000?

Reviewed:

Sep 5, 2022 by Business
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Ratings

Overall Rating: 4.2 stars
Content Quality: 4.2 stars
Effectiveness: 3.2 stars
Ease of Use: 5.0 stars
Overview:

This short case study elicits critical thinking of fraud prevention from insider threats. The open-ended questions facilitate discussions about policies, procedures, and technology to mitigate the risk and impacts of fraud. When used in the context of a lecture or learning module, students learn to apply concepts of fraud prevention. Additionally, a discussion to determine how the fraud may have been avoided through managerial planning is included.

Type of Material:

Case Study

Recommended Uses:

Homework or in-class discussion (application of concepts)

Technical Requirements:

Used Chrome

Identify Major Learning Goals:

  • Identify the purpose of the separation of accounting duties.
  • Classify the employee’s job duties.
  • Discuss managerial actions that could prevent fraud.
Target Student Population:

  • General Accounting,
  • Auditing; Undergraduate (freshman, sophomore)
  • Forensic Accounting
Prerequisite Knowledge or Skills:

  • Financial Accounting
  • Understanding of fraud prevention to include separation of duties

Content Quality

Rating:
Strengths:

  • This case study is very clear and concise and allows students to demonstrate their understanding of the concept of separation of duties within accounting.
  • The material is current and a relevant example of fraud that could result from a lack of the separation of duties.
  • The case study could be integrated easily into different types of student work and integrates the concepts of cash management well.
Concerns:

  • Case study must be used in the context of a lecture or learning module;
  • No teaching material provided

Potential Effectiveness as a Teaching Tool

Rating:
Strengths:

  • The case study builds upon the concepts of separation of duties and reinforces them through the determination of the possibility of fraud and the court’s findings.
  • The relationship between financial accounting and fraud is demonstrated.
  • he material is easy to integrate into assignments and an effective tool for measuring student learning.
Concerns:

  • The content provided very little information for which students can draw conclusions.
  • Additional data may reduce frustration of 1st- and 2nd-year students who are still learning accounting in the context of business environments.
  • Must be used in the context of a lecture or learning module.
  • Specific learning objectives are not identified for the case study.
  • Prerequisite knowledge, although assumed, is not clearly identified.

Ease of Use for Both Students and Faculty

Rating:
Strengths:

  • The case study is easy to use with or without internet access.
  • The instructions are very clear and the material is engaging.
  • The case study is presented with high design quality and is accessible.
  • The case study is short which makes this attainable for a freshman/sophomore.  
Concerns:

None

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