April 2018
Beginner
768 pages
20h 9m
English
Content preview from Accounting All-in-One For Dummies, with Online Practice, 2nd Edition
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Chapter 6
Getting to Know the Most Common Fraud Schemes
IN THIS CHAPTER
Examining frauds committed by businesses against the public
Recognizing frauds committed against businesses
Focusing on frauds against the government
Getting acquainted with the Ponzi scheme
Everyone is affected by fraud, either directly or indirectly. Even if you haven’t been a victim of fraud, you pay for it. Think about it: Does your credit card company really need to charge you 24 percent interest and all those big fees? It does so to make up for all the costs associated with phony credit cards, stolen credit cards, and customers who just don’t pay.
This chapter introduces some of the most common types of fraud committed by businesses, against businesses, and against the government. The goal here isn’t to give you all the details about every type of fraud imaginable. Instead, this chapter simply gets you thinking about what fraud often looks like so you have a sense of the scope of work an accountant may encounter when addressing possible fraud — the willful intent to deceive.
Frauds Committed by Businesses ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.