The fraud triangle is a model that is frequently used to illustrate the factors that can cause someone to commit occupational (workplace) fraud. Most occupational fraud isn’t committed by seasoned or experienced criminals. It is rather an issue of three factors: opportunity, pressure, and rationalization.
Homeowners associations are a blessing and a curse. But one thing they shouldn’t be is unmonitored. You may have to become a watchdog to protect yourself and your neighbors. Here’s how.
Fraud, Non-Profit
Strong internal controls dictate a separation of responsibiities to provides checks, balances and oversight. For small businesses and nonprofits, that can be unrealistic. But there are some basic procedures that even very small offices can manage to protect themselves from fraud.
Business, Fraud
Do you go to church? Have you ever been to a church? I’m not asking because I’m worried about your soul. Have you ever wondered what happens to the collection that is taken during the service? You should find out. If you tithe, do you carefully check your record of tithes against the statement sent to you by your church? If not, you need to start.
Business, Fraud
The fraud triangle is a model that is frequently used to illustrate the factors that can cause someone to commit occupational (workplace) fraud. Most occupational fraud isn’t committed by seasoned or experienced criminals. It is rather an issue of three factors: opportunity, pressure, and rationalization.