Quick Finance Tip: The Fraud Triangle

Quick Finance Tip - The Fraud Triangle

12/4/2017

American Institute of Certified Public Accountants (AICPA) published the Statement on Auditing Standards (SAS) warning practitioners of the fraud triangle. It is (1) Incentives or pressures that can lead to fraudulent activities; (2) Opportunities to commit fraud exists; and (3) Individuals are able to rationalize their behavior, in relation to accounting games.

2 Comments

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12/12/2017 02:45:37 am

Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.

Motivence

12/12/2017 08:34:10 am

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We are humbled by your kind words. So, we do have resources and connections to more detail on certain topics. Our goal is to enable conversation and help empower people with more knowledge.

With that said, shoot us over an email or go the sign up tab and ask us what exactly else you feel strongly in wanting to know. We are here to stay and typically, a lot of our reasoning from materials come from email or “ask us comments”.

Quick Finance Tip - The Fraud Triangle

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