Virtual Booth

FraudLens: An Interactive Accounting Fraud Detection Simulator is an educational innovation designed to improve accounting students' practical skills in detecting financial fraud and evaluating internal controls through interactive, scenario-based learning. Although students understand theoretical concepts of auditing and fraud prevention, many struggle to identify suspicious transactions, reconcile accounting documents, analyse financial records, and prepare evidence-based audit findings in realistic situations. In FraudLens, students assume the role of trainee auditors and investigate simulated company cases containing purchase invoices, payment receipts, bank records, general ledgers, inventory records, and employee and supplier profiles. Using the "Follow the Money" approach, students trace transactions from purchase orders to invoices, payments, bank records, ledgers, and inventory to identify fraudulent activities such as duplicate invoices, fictitious suppliers, unauthorised payments, altered invoice amounts, missing inventory, suspicious bank accounts, and payment splitting to bypass approval limits. The simulator requires students to identify suspicious evidence, classify fraud risks, recommend appropriate internal controls, and produce concise audit findings. The system provides instant feedback, performance scores, risk ratings, progressive hints, achievement badges, and personalised learning reports based on students' strengths and weaknesses. FraudLens promotes experiential learning by transforming traditional accounting education into an engaging and measurable learning experience. The simulator can be implemented in accounting and auditing courses, classroom activities, innovation competitions, and professional training programmes, with scalable difficulty levels suitable for business, government, and non-profit sectors.