The New Fraud Triangle Model (2).pdf (236.96 kB)
The new fraud triangle model
journal contribution
posted on 2012-07-24, 13:40 authored by Rasha Kassem, Andrew HigsonFraud in corporations is a topic that receives significant and growing attention from regulators, auditors, and the
public. Increasingly external auditors are being asked to play an important role in helping organizations prevent
and detect fraud. Detecting fraud is not an easy task and requires thorough knowledge about the nature of fraud,
how it can be committed and concealed. This paper aims at broadening external auditors’ knowledge about
fraud and why it occurs. It explains Cressey’s fraud theory and shows its significance, presents the other fraud
models and relates them to Cressey’s model, and proposes a new fraud triangle model that external auditors
could consider when assessing the risk of fraud.
History
School
- Business and Economics
Department
- Business
Citation
KASSEM, R. and HIGSON, A.W., 2012. The new fraud triangle model. Journal of Emerging Trends in Economics and Management Sciences, 3 (3), pp. 191 - 195Publisher
© Scholarlink Research Institute JournalsVersion
- VoR (Version of Record)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
2012Notes
This article was published in the serial Journal of Emerging Trends in Economics and Management Sciences [© Scholarlink Research Institute Journals].ISSN
2141-7024Publisher version
Language
- en