4/3/18
Predication • Predication is the totality of circumstances that would lead a reasonable, professionally trained, prudent person to believe that a fraud has occurred, is occurring, or will occur. • All fraud investigations must be based on proper predication; without it, a fraud investigation should not begin.
The Fraud Triangle (Cressey)
OPPORTUNITY
FINANCIAL PRESSURE
RATIONALIZATION
4
Made with FlippingBook Annual report