Fraud is pervasive in virtually every industry. The reason is that fraud is the consequence of a human condition that exploits the opportunity to gain assets through rationalization and need. Every ...

Let’s review how COVID-19 has impacted the fraud triangle and how it may cause nonmanagement employees, in particular, to feel less restrained. Recall that the three elements of the fraud triangle are ...

Our local community has been hit hard recently with numerous cases of workplace embezzlement or theft. In a time where our country is muddling through a recession to recovery, more and more schemes ...

In this age of Enron, Tyco and WorldCom, it’s easy to assume that occupational fraud runs rampant in the business world, and a recent Association of Certified Fraud Examiners (ACFE) survey seems to ...

The fraud triangle is well-known to most compliance practitioners. Its third sides are pressure, opportunity and rationalization. When these three factors converge, there is danger of an ethical lapse ...

Fraud, corruption, waste, corporate abuse, and other misbehaviors destroy an organization’s value. They are the silent enemy that kills companies, Marta shares. This enemy was the driving force behind ...

Last week, in class, I mentioned to the Accounting Majors the “fraud triangle,” and they nodded in assent of its import. Opportunity, need, and rationalization. If the shoe fits, wear it. Most people ...

Carey Miller, CPA/CFF, is a co-author of this quarter’s FVS Eye on Fraud report, focused on the role of organizational culture in reducing fraud risk. Miller, a partner at the firm J.S. Held, joined ...

A lot of business stories over the years have focused on financial crimes as we discussed in an article previous to this. Lying, cheating, and stealing have been done by corporate executives and ...