Fraud awarness Flashcards
1
Q
fraud triangle P.O.R
A
pressure- Debts, illness, revenge
opportunity - poor controls, lack of segregation,poor c.g
rationalisation - they can afford it,victimless crime, who cares
2
Q
fraudsters think
A
financial gain
egoism
lack of remorse
3
Q
fraud warning signs (10)
A
no holidays
lifestyle extravagent
financial problems
4
Q
fraud warning signs (10)
A
workplace closure
someone who always gets good results
concern over external auditors
break rules/regulations
5
Q
fraud warning signs (10)
A
generous gifts to suppliers
bullying and intimidation of staff
anger /tight first ruled
