Diswcussion Board
- Forensic accountants and fraud examiners provide support for accusations of fraud. To be effective, they must understand the difference between fraud and abuse, and must understand the legal concept of fraud, as well as elements of fraud. Additionally, since the issuance of SAS No. 99, all accountants should be able to articulate elements of fraud and the auditor's responsibility to detect fraud.
o What is fraud?
o What is the difference between fraud and abuse?
o According to the fraud profile in the text, who are the perpetrators of fraud, and how do their characteristics affect fraud losses?
Research the textbook, the Internet, and other resources and post your responses per the Syllabus guidelines
Resource
Forensic Accounting and Fraud Examination MARY-JO KRANACHER, MBA, CPA, CFE; RICHARD A. (DICK) RILEY, Jr., CPA, PhD, CFE, CFF; JOSEPH T. WELLS, CFE, CPA.
Forensic accounting and fraud examination / Mary-Jo Kranacher, Richard A. (Dick) Riley, Jr., Joseph T. Wells. 9781118549704.