Assignment:
500 words. Combating and Preventing Fraud
Eliminating opportunities to commit fraud and creating a work environment of honesty, ethics, openness, and assistance is the most effective and comprehensive approach to fraud prevention in businesses and organizations. Although these approaches can minimize, they cannot completely prevent all instances of fraud.
On page 117, Albrecht et al. (2018), recommended three (3) actions to create honest/open cultures and five (5) actions that businesses and organizations should take to eliminate fraud opportunities.
Given what you have learned in this module and the required reading assignments, answer the following questions:
- Are most people capable of committing fraud even if they profess strong ethical beliefs? Why or why not?
- Which of those one (1) of the actions recommended by Albrecht et al (2018) would be the most effective in reducing the tendency for fraud and other dishonest acts? Why? Please explain.
Please make sure that your post answers each question completely and comprehensively. Be detailed in your discussion response. Be sure to support your statements with logic and argument, citing any sources referenced.
Your initial post must cite at least two 4 academic resources (other than the listed articles) and the textbook to support your response.
Albrecht, W. S., Albrecht, C. O., Albrecht, C. C., & Zimbelman, M. F. (2018). Fraud examination Sixth Edition. Mason, OH: South-Western Cengage Learning.
Button, M., Lewis, C., & Tapley, J. (2014). Not a victimless crime: The impact of fraud on individual victims and their families. Security Journal, 27(1), 36-54.
Donahue, K. M. (2015). Combating fraud, waste and abuse: A more proactive approach is the answer. Journal of Government Financial Management, 64(1), 54-55.
Eisen, O. (2012, March 20). Fraud prevention tips everybody should know (but doesn't). Business Insider.
Hall, J. (2016). The "Anti-fraud moment." Internal Auditor, 73(1), 35-37.
Henry, L. (2016). Fraud prevention. Internal Auditor, 73(2), 17-19.
Morang, S. (2017). Turning up the heat on fraud. Internal Auditor, 74(1), 18-19