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What is meant by the term “Fraud Risk Factor”?

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Question added by Mir Mujtaba Ali , Internal Audit Manager , Confidential
Date Posted: 2014/04/14
Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

Fraud Risk Factors are the factors that make it more likely that fraud will occur or is occurring in a business. They include: (a) nature of items (size and value, ease of sale, etc. etc.) (b) Nature of control environment (c) Pressures

Deleted user
by Deleted user

A contract with an intention of fraud for having a particular risk to be dealt with.

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