The intentional misstatement of financial statements by omitting critical facts or disclosures, misstating amounts, or […]
Glossary
Fraud Prevention
All efforts and means extended to deter fraud from occurring; involves eliminating perceived pressures, perceived […]
Fictitious Revenues
Created when an employee rings or enters a false sale into the companies accounting system […]
Fictitious Expense
Where an employee invents an expense and then request a reimbursements for it. This can […]
Embezzlement
The theft or fraudulent appropriation of money through deception.
Economic Extortion
A scheme which involves an employee demanding payment from a vendor in order to make […]