Discuss your understanding of the Fraud Triangle and give examples of financial statement fraud for each of the three elements of the Fraud Triangle: a.
Discuss your understanding of the Fraud Triangle and give examples of financial statement fraud for each of the three elements of the Fraud Triangle:
a. Opportunity: give real or hypothetical examples in financial statement fraud.
b. Pressure: give real or hypothetical examples in financial statement fraud.
c. Rationalization: give real or hypothetical examples in financial statement fraud.
2. How can the Fraud triangle detect/prevent financial statement fraud? Discuss how each of the three elements of the Fraud Triangle can detect/prevent financial statement fraud:
a. Opportunity: explain how this element can detect/prevent financial statement fraud.
b. Pressure : explain how this element can detect/prevent financial statement fraud.
c. Rationalization: explain how this element can detect/prevent financial statement fraud.
The questions are connected answer all or none
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Authors: Michael H. Granof, Philip W. Bell
4th Edition
013321852X, 978-0133218527
