Accounting Fraud is Rare….Or is it?

Posted by Bill Bockwoldton Mon, Jan 23, 2012 @ 08:53 PM

Accounting fraud comes in many forms. Some fraud is quite complex and can last for decades, as we recently discovered with the Olympus accounting scandal. When executive management and even board members are in collusion it is very difficult to detect this kind of fraud.

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Tags: internal control, internal control tips, fraud