In the context of fraud explain the differences between (1) incentiv.pdf
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The document outlines the three key elements related to fraud: incentives and pressures which motivate individuals to commit fraud, opportunity which refers to the circumstances that allow fraud to occur, and attitudes and rationalization which are the justifications individuals use to excuse their fraudulent behavior. It emphasizes the importance for auditors to assess client systems that address these elements to effectively mitigate fraud risk. Understanding these distinctions aids auditors in evaluating potential vulnerabilities within an organization.
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In the context of fraud explain the differences between (1) incentiv.pdf
- 1. In the context of fraud explain the differences between (1) incentives and pressures, (2) Opportunity, and (3) attitudes and rationalization. Why is it important for an auditor to consider client systems relevant to all three concepts.