Fraud Triangle in Audit and Accounting: Definition, Elements, Components, Rationalization, Theory, Examples
Posted on November 16, 2023
Fraud is a deliberate and deceptive act performed to secure unfair or unlawful financial or personal gain. It involves actions such as misrepresentation, forgery, embezzlement, or the manipulation of information or assets, typically conducted to deceive others. In auditing and finance, fraud is a significant concern. Auditors may use several …