Accounting › Section G · Fraud, internal controls, and cash › Topic G.1
Fraud in the accounting workplace
Most workplace fraud is committed not by career criminals but by trusted employees who meet pressure, opportunity and an excuse at the same time. Understanding why and how they do it is the first step to designing the controls in the rest of this section.
In this topic
- What counts as fraud
- Three kinds of occupational fraud
- Common schemes for stealing assets
- The fraud triangle
- Pressure and rationalisation
- Opportunity: the side accountants control
- Worked example: a case through the fraud triangle
- Worked example: following a lapping scheme
- How fraud is uncovered
- Who fights fraud
- Common mistakes to avoid
- Key takeaways
This topic is part of Wuanberri Pro. Checking your access…