wherefore do people commit device?
At first glance, an average fraudster is not much assorted from an average person. Consequently, it is often extremely difficult to detect deceitful acts. But upon reflection, the following circumstance must be considered: Why ar people often caught unaware when somebody is impeach of fraud? because it is usually the colleague who is known to be helpful, polite and inconspicuous. But most importantly it is the colleague that enjoys the absolute religious belief of both superiors and colleagues.
This fact highlights the importance of recognizing invest as a main risk factor, making it all the more critical for precaution to exercise a well-considered balance mingled with trust and control.
This insight does not answer the original question and should not lead to the assumption that each trusted employee is a potential fraudster; rather it leads to the question:
From a theoretical point of experience there are three important factors concerned with committing fraud: opportunity, motive, and rationalization, also known as the fraud triangle.
Opportunity chiefly occurs through weaknesses in the internal controls and creates an atmosphere where fraudsters believe they are likely to be successful and undetected.
Therefore companies primarily rivet their prevention efforts on this aspect of the fraud triangle by enforcing certain types of controls and by implementing effective fraud risk management policies. Trust, however, though important in business often becomes the penetration opener for fraudsters.
Motive often develops from financial pressure resulting from a fraudsters excessive life style, or from the gap between the financial remuneration earned and the responsibility held by the soulfulness, or pressure to meet financial targets, or the superiority complexes of the individual or basic greed.
Rationalization is the fraudsters internal dialogue that provides the self-justification for his actions. The fraudster convinces...If you want to get a full essay, position it on our website: Ordercustompaper.com
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