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What are components of the fraud triangle behind a worker’s decision to commit workplace fraud with explain meaning?...

What are components of the fraud triangle behind a worker’s decision to commit workplace fraud with explain meaning?

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Answer #1

The components of a fraud triangle behind a workers decision to commit workplace fraud are as follows,

  1. Pressure : the employee may be under financial or emotional pressure to commit a fraud, this means that employee may be of financial issue or else emotionalised by someone else to commit the fraud.
  2. Opportunity : the weakness in the internal control of the company is providing an easy opportunity to the employee to commit the fraud, this can be justified by proper checks on the behaviour of employees.
  3. Rationalisation : the employees attitude that the commission of fraud is justified from his end because of lack of motivation and good being for the employee.
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