Fraud Fundamentals

Fraud. Though only a small number of employees ever commit fraud, the

consequences can be significant. And, yes, fraud happens in government all the time.

It’s likely happening in your organization and those that you audit.

Government audit standards expect us to assess fraud risks in every audit; including the

motives, opportunities, and rationalizations that increase the possibility of significant

fraud happening. Identifying which types of fraud are most likely to occur and knowing