Use this guide to educate your organization’s audit committees on fraud intricacies, detection and prevention methods, compliance with standards, and the role of internal controls.

According to this guide, both personal and corporate pressures increase the likelihood of fraud. Some examples include manipulating stock price/value and concealing illegal acts. People may rationalize that it’s OK to misappropriate assets and commit fraud. People are more likely to commit fraud when working conditions are degrading. Examples of conditions that generate opportunities are inadequate segregation of duties, a lack of internal controls and ineffective corporate communication.