1 / 16

FRAUD EXAMINATION ALBRECHT & ALBRECHT

FRAUD EXAMINATION ALBRECHT & ALBRECHT. THE NATURE OF FRAUD. CHAPTER 1. Describe the Seriousness of Fraud. What are the estimated costs and impacts of fraud?. Explain how $1.00 in fraud represents $1.00 lost profits. What it is. What it isn’t. Define fraud What it is and what it isn’t.

lwall
Download Presentation

FRAUD EXAMINATION ALBRECHT & ALBRECHT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. FRAUD EXAMINATIONALBRECHT & ALBRECHT THE NATURE OF FRAUD CHAPTER 1

  2. Describe the Seriousness of Fraud

  3. What are the estimated costs and impacts of fraud?

  4. Explain how $1.00 in fraud represents $1.00 lost profits.

  5. What it is What it isn’t Define fraudWhat it is and what it isn’t.

  6. Why are we so often conned?

  7. Classify frauds and give an example of each

  8. List keys to occupational fraud and define

  9. Complete this chart

  10. Differentiate between direct and indirect embezzlement

  11. What are the two types of vendor fraud? Define Collusion

  12. Explain what customer fraud is.

  13. Employee embezzlement Management fraud Investment scams Vendor fraud Customer fraud ACFE Association of Certified Fraud Examiners Employees taking employers assets Overcharge for goods, or ship inferior goods Selling worthless investments to unsuspecting investors Manipulation of financial statements by management Getting something for nothing, not paying for goods & services Match terms to definitions

  14. FRAUD IS A CRIME

  15. Differentiate between criminal and civil responses to fraud

  16. Complete the Chart of Fraud Careers

More Related