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FRAUD EXAMINATION ALBRECHT & ALBRECHT. WHO COMMITS FRAUD AND WHY. CHAPTER 2. So what does the fraudster look like?. Describe the Profile of Fraud Perpetrators. Fraud Perpetrators. College Students. Other Property Offenders. Draw and Explain the Fraud Triangle?.
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FRAUD EXAMINATIONALBRECHT & ALBRECHT WHO COMMITS FRAUD AND WHY CHAPTER 2
Describe the Profile of Fraud Perpetrators Fraud Perpetrators College Students Other Property Offenders
What is called when a fraudster believes they won’t be caught?
What is it called when the fraudster explains their actions as acceptable?
Do the three elements need to be in equal proportion to commit fraud?
How does an individuals personal integrity affect their likelihood to commit fraud?
Who commits fraud? Year of Employment 1, 2, 3, 4, 5, 6, ………………………………., 35 What is the age of the person most likely to commit fraud?
Control Environment Accounting System Control Procedures or Activities Policies and procedures for recording economic transactions in an orderly manner. Specific error-checking routines performed by company personnel. A set of characteristics that defines good management control features other than accounting policies and procedures Match Terms to Definitions
Control Activities Individuals commit fraud to conceal personal expenditures with business assets and evade paying taxes
Describe the Internal Control Structure Internal Control Structure Control Environment Accounting System Control Activities and Procedures