• Prospective
    Students
  • Current
    Students
  • Alumni
  • Research
  • News &
    Events
  • About Royal
    Roads
Main menu
  • Prospective Students
  • Current Students
  • Alumni
  • Research
  • News & Events
  • About Royal Roads
 
    • Admin Login
    View Item 
    •   VIURRSpace Home
    • RRU
    • Faculty Research Collection
    • Lokanan, Mark
    • View Item
    •   VIURRSpace Home
    • RRU
    • Faculty Research Collection
    • Lokanan, Mark
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Challenges to the fraud triangle: Questions on its usefulness

    Thumbnail
    View/Open
    FT_Critique_Revised_Two.pdf (480.9Kb)
    Date
    2015
    Author
    Lokanan, Mark
    Metadata
    Show full item record
    Subject
    Fraud; Critical discourse analysis; Structure
    Abstract
    Fraud is increasing with frequency and severity. In this paper, I explore the assertion of the fraud triangle as a useful practitioner framework employed to combat fraud. This paper is anchored through Fairclough's critical discourse theory, and is supported with evidence from three accounting fraud cases. The findings indicate that the Association of Certified Fraud Examiner's (ACFE) perpetuates a discourse that presents a restricted version of fraud. Fraud is a multifaceted phenomenon, whose contextual factors may not fit into a particular framework. Consequently, the fraud triangle should not be seen as a sufficiently reliable model for antifraud professionals.
    Description
    This is the accepted manuscript version of the article. Permission is granted by Taylor & Francis for this version to be deposited in this repository. The version of record is available at https://doi.org/10.1016/j.accfor.2015.05.002.
    URI
    http://hdl.handle.net/10613/5101
    http://dx.doi.org/10.25316/IR-86
    https://doi.org/10.1016/j.accfor.2015.05.002
    Collections
    • Lokanan, Mark
    Profile on PlumX

    Related items

    Showing items related by title, author, creator and subject.

    • Thumbnail

      A fraud investigation plan for a false accounting and theft case 

      Lokanan, Mark (Journal of Financial Crime, 2019)
      Purpose The purpose of this paper is to formulate and propose a fraud investigation plan that forensic accountants can use to investigate financial frauds. In particular, the paper sets out the structure and rationale of ...
    • Thumbnail

      Theorizing financial crimes as moral actions 

      Lokanan, Mark (European Accounting Review, 2017)
      The paper maintains that all acts of financial crimes can be explained within a general theory of moral action and analyzed as such. In this regard, the paper presents such a theory – Situational Action Theory (SAT) – and ...
    • Thumbnail

      A fraud triangle analysis of the libor fraud 

      Lokanan, Mark (Journal of Forensic & Investigative Accounting, 2018)
      This study examines the effectiveness of Cressey’s (1953) fraud risks factors adopted by the AICPA and the ACFE in detecting fraud in banks involved in the LIBOR scandal. Cressey (1993) posits that, for fraud to occur, ...

    Browse

    All of VIURRSpaceCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    Admin LoginRegister
    back to top  
    Royal Roads University
    Our Location
    2005 Sooke Road
    Victoria, BC V9B 5Y2
    Canada
    •   Campus Map
    Get in Touch
    •   Phone: 250.391.2511
    •   Toll-free: 1.800.788.8028
    •   Email Us
    •   Directories
    @RoyalRoadsRRU FacebookRRU LinkedInRRU YouTubeRRU Pinterest
    • Contact Us
    • Send Feedback
    • Website Feedback
    • Privacy Policy
    • Academic Regulations
    • Copyright
    • Sitemap
    • ©2017 Royal Roads University
     
    DSpace Express is a service operated by 
    Atmire NV