Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is te difference between fraud and fault?

user-image
Question added by Maria Clack
Date Posted: 2016/05/04
Sohail  Khurshid
by Sohail Khurshid , PTW-Co-ordinator , Galfar Engineering and contracting wllc

Fraud:A person or thing intended to deceive others & Fault:

 

The state or condition of being wrong in conduct.

at the spot we can find fault and fraud

Fazle Rabbee,  CFE
by Fazle Rabbee, CFE , Auditor-in-Charge , OIG - US Postal Service

Fraud is intentional and fault is a fluke.

Fraud can be defined as follows: A false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or byconcealment of what should have been disclosed that deceives and is intended to  deceive another so that the individual willact upon it to her or his legal injury.

In contrast, the definition of fault is the neglect of care; an act to which blame or censure is attached. Fault implies any negligence, error, or defect of judgment.

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.