Example: tourism industry

Fraud Triangle

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TYPES OF FRAUD AND INDICATORS - WIRC-ICAI

TYPES OF FRAUD AND INDICATORS - WIRC-ICAI

www.wirc-icai.org

A fraud triangle is a tool used in forensic auditing that explains three interrelated elements that assist the commission of fraud – •Pressure (motive), •Opportunity (ability to carry out the fraud), and; •Rationalization (justification of dishonest intentions)

  Indicator, Fraud, Relating, Fraud triangle

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