The classification of the specific type of fraud that is alleged is important to ensure that the correct investigation and data collection methods are used. The fraud tree is a framework that is used to categorize the type of fraud that is being investigated. The fraud tree has the following three main branches:

* Corruption

* Asset misappropriation

* Financial statement

You are a new at the ABC Accounting firm. Your team has been asked to analyze the fraud tree (asset misappropriation) and write a brief report. Your report about the tree will be presented to senior leadership. Select 1 box inventory, and all other assets and fraudulent (disbursements). Include the following in your analysis:

1. Your definition of the schemes from the fraud tree ( i.e., and need 3 different schemes from different branches).

2. A real-world example from your research about the fraud schemes that you chose.

3. An overview of the results of the investigation from the standpoint of conviction, termination, fines, or other measures.

4. Potential measures that could have prevented the fraud scheme.