Forensic Accounting Firm Rosenfarb Winters Publishes Condensed Version of its Popular 3-Part Series on Embezzlement Detection and Prevention
The forensic accounting firm of Rosenfarb Winters LLC has recently published a condensed version of its popular 3-part series on embezzlement detection and prevention by partner Stephen Linker.
After defining embezzlement, the newly published article discusses the three key factors that determine whether a person will commit fraud.
The three factors, which comprise the so-called “fraud triangle,” are:
- perceived pressure facing the person
- perceived opportunity to commit fraud, and
- the person’s rationalization, or integrity
The article also reviews characteristics of embezzlers, different types of embezzlement schemes, and the importance of internal controls.
Read the full article here.
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