TOPIC 5: FINANCIAL STATEMENT FRAUD - Coggle Diagram
TOPIC 5: FINANCIAL STATEMENT FRAUD
How FS fraud is committed by manipulating revenue-related accounts
How FS fraud is committed by manipulating inventory-related accounts
Why FS fraud occur?
The fraud triangle
Perfect fraud storm
Nature of FS fraud
red flags/symptoms can be observed
How does FS fraud occur?
How is FS fraud concealed?
What is the framework to detect FS frad?
Why FS important? (
FS is a critical element in corporation and capital market
users of FS
What is FS fraud
The impact of FS fraud
Exposure to FS fraud
Fraud exposure rectangle
How FS fraud is committed by manipulating other accounts:
other financial and non-financial disclosure