Challenges to the fraud triangle: Questions on its usefulness
Show FileMIME type:application/pdfFile Size:481.0 Kb
MetadataShow full item record
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.
Showing items related by title, author, creator and subject.
Lokanan, Mark (International Journal of Law, Crime and Justice, 2015)The study analysed the processing of complaints against investment brokers and Dealer Members through the Investment Dealer Association (IDA) of Canada's disciplinary system between 2002 and 2007. The cases processed are ...
Self-regulation and compliance enforcement practices by the Investment Dealers Association in Canada Lokanan, Mark (Journal of Financial Regulation and Compliance, 2017)Purpose: This paper aims to examine the enforcement practices of the Investment Dealers Association of Canada (IDA) and argue that self-regulation simply does not work in the financial sector, as the sanctions available ...
How senior managers perpetuate accounting fraud? Lessons for fraud examiners from an instructional case Lokanan, Mark (Journal of Financial Crime, 2014)Purpose – The purpose of this paper is to examine the risk factors that led to the Livent fraud, and the procedures that need to be taken by responsible parties to carefully investigate and address the incidents of ...