Fraud Triangle Paper

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A Deeper Look at Fraud Examination and the Fraud Triangle Janice Shields Florida Atlantic University Author Note Janice P. Shields, Department of Accounting, Florida Atlantic University Abstract
This paper explores five published articles that This paper explores fraud examination and the fraud triangle and how they are correlated with the investigation process
The purpose of the paper is to explain the different motives behind the fraud triangle and how a forensic accountant can use it. This paper also explains what the fraud examination process may consist of and what the requires are in order to become a Forensic Accountant in the State of Florida
Keywords: fraud examination, fraud triangle, opportunity, pressure, rationalization, …show more content…

The Title 18 of the U.S Code covers the different types of financial crimes laws such as money laundering, embezzlement, extortion and other economic crimes. A fraud examiner must determine what laws were violated in the process of crime once the evidence of fraud is present. Once the fraud examiner has made the determination that fraud has occurred, he or she will have the option to reach out to other channels such as law enforcement to move forward the investigation ."One advantage of turning the case over to law enforcement is that authorities often have considerably stronger investigative powers such as obtaining subpeanas for employees personal banking , credit, and phone records(Hopwood S. William, Leiner J. Jay, Young R. George, (2012) )"
In order to ensure that a Forensic Accountant is qualified to conduct such an investigation there are several requirements that must be obtained. A Forensic Accountant in the state of Florida must have Baccalaureate degree . You must have at least one hundred fifty hours of college credits. You must also apply to your CPA License, which requires you take a CPA exam and pass it. You must also have one year of experience under a CPA. In conjunction with obtaining CPA license , you must also complete Master's program required for semester 'hours .(http://www.accountingedu.org/florida.html …show more content…

B. (2016, Aug 23). The 'fraud triangle'. Business Mirror Retrieved from http://ezproxy.fau.edu/login?url=http://search.proquest.com/docview/1813909835?accountid=10902 Hopwood S. William, Leiner J. Jay, Young R. George, (2012) Forensic Accounting and Fraud Examination Eaton, T. V., & Korach, S. (2016). A criminological profile of white-collar crime. Journal of Applied Business Research, 32(1), 129. Retrieved from http://ezproxy.fau.edu/login?url=http://search.proquest.com/docview/1778070961?accountid=10902
Alalehto, T. (2015) White Collar Criminals: the State of Knowledge. The Open Criminology Journal, 8: 28-35 http://dx.doi.org/10.2174/1874917801508010028

* Steven Dellaportas , Author Vitae
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School of Accounting, Economics and Finance, Deakin University, 221 Burwood Hwy, Burwood, Victoria 3125, Australia

Khairul Mizan Zakaria, Anuar Nawawi, Ahmad Saiful Azlin Puteh Salin, (2016) "Internal controls and fraud – empirical evidence from oil and gas company", Journal of Financial Crime, Vol. 23 Issue: 4, pp.1154-1168, doi: 10.1108/JFC-04-2016-0021 Permanent link to this document: http://dx.doi.org/10.1108/JFC-04-2016-002

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