Financial Statement Fraud

The Fraud Matrix: Corruption, Asset Misappropriation and Financial Statement Fraud

Dr. Michael-A. Leuthner
Dr. Michael-A. Leuthner

Author: Dr. Michael-A. Leuthner, CPA

Fraud Part I

The first article of this series discussed the human factor in fraud and this, the second article, will describe the kinds of fraud that can be found in a business context. The third article will present a recommended procedure for companies in which a fraud has just been discovered, featuring three different scenarios based on real situations. The fourth article will describe simple, effective and easily implemented measures that can massively reduce fraud in a business environment (also known as occupational fraud).