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Detection Of Frauds, Harold Benington

Individual and Corporate Publications

Frauds in connection with accounts are very prevalent, and their detection is one of the most important functions of the professional accountant. During the course of over twenty years' active practice, the writer has come in contact with innumerable instances of fraud of every description, and it will be his endeavor in the succeeding paragraphs to outline the different kinds most usually encountered, how they can be detected, and what methods should be adopted to prevent them. Frauds in connection with accounts may be, broadly speaking, divided into two classes: (a) Those perpetrated with the object of concealing theft. (b) …