2. Fundamentals of Fraud

In this section

• Understanding Fraud and Its Elements in Forensic Accounting
  Explore the essential components of fraud within financial settings, focusing on forensic accounting techniques for detection and prevention.
• Types of Fraud Schemes: Understanding Embezzlement, Bribery, and Identity Theft
  Explore the various types of fraud schemes, including embezzlement, bribery, and identity theft, with practical examples, case studies, and regulatory insights for Canadian accounting exams.
• Fraud Triangle and Diamond Models in Forensic Accounting
  Explore the Fraud Triangle and Diamond Models to understand why individuals commit fraud, with practical examples and insights for Canadian accounting exams.
• Behavioral Red Flags of Fraudsters: Identifying Indicators and Warning Signs
  Explore the behavioral red flags of fraudsters, learn how to identify warning signs, and understand their implications in forensic accounting and fraud examination.
• Motives and Rationalizations for Fraud: Understanding the Psychological Drivers
  Explore the psychological factors and rationalizations that drive individuals to commit fraud, with insights into the motives behind fraudulent acts.
• Impact of Fraud on Organizations: Understanding Financial and Reputational Damage
  Explore the profound impact of fraud on organizations, including financial losses, reputational damage, and operational disruptions. Learn how to assess and mitigate these risks effectively.
• Occupational Fraud and Abuse: Understanding and Preventing Employee Fraud
  Explore the intricacies of occupational fraud and abuse, focusing on employee fraud within organizations. Learn about types, detection, prevention, and real-world examples.
• Case Studies of Major Fraud Incidents: Unveiling Complexities in Forensic Accounting
  Explore detailed case studies of major fraud incidents to understand the complexities and methodologies in forensic accounting and fraud examination.