Causes of Frauds and Fraud Triangle

Causes of Fraud & the Fraud Triangle – Auditing & Accounting 🕵️‍♂️📊

In this lesson, learn about the main causes of fraud in organizations and the Fraud Triangle framework, which explains why individuals commit fraudulent acts. Understand how auditors identify and prevent fraud risks effectively.

💡 Key Concepts Covered:

Definition of fraud and its impact on organizations

Common causes of fraud:

Pressure or incentives (financial or personal)

Opportunity due to weak internal controls

Rationalization or justification by perpetrators

The Fraud Triangle Model:

Pressure / Motivation – financial stress or targets

Opportunity – gaps in internal controls

Rationalization – justifying unethical behavior

Examples of fraud in real-world scenarios

Preventive measures and internal control strategies

🎯 Ideal For:

Accounting, auditing, and finance students preparing for KNEC or professional exams

Learners aiming to strengthen understanding of fraud risk and prevention

Aspiring auditors, accountants, and financial managers

📘 Learn With Manifested Publishers:
Access structured video lessons, notes, and exercises to master fraud detection, the Fraud Triangle, and internal control measures.

💻 Visit: www.manifestedpublishers.com

📞 Call/WhatsApp: +254 724 173 845

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#FraudTriangle #CausesOfFraud #AuditingLessons #ManifestedPublishers #KNECPrep #InternalControls #AccountingEducation #FraudPrevention