Everyone, how is the "Fraud Pyramid" (sometimes called the "Fraud Triangle") different from/similar to the "Fraud...

Everyone, how is the "Fraud Pyramid" (sometimes called the "Fraud Triangle") different from/similar to the "Fraud Diamond" discussed in the text? Which of these three descriptions do you believe is the more accurate/descriptive, and why?

Expert Solution

Fraud Triangle. The causal factors that should be removed to deter fraud (as described above) are best described in theFraud or Compromise Triangle. This idea was first put forward in an article by Donald R. Cressey and Edwin Sutherland. The term was later coined by Steve Albrecht.

The Porter Diamond, properly referred to as the Porter Diamond Theory of National Advantage, is a model that is designed to help understand the competitive advantage nations or groups possess due to certain factors available to them, and to explain how governments can act as catalysts to improve a country's position in

The fraud triangle theory consists of three elements that are necessary for theft or fraudto occur: (a) perceived pressure, (b) opportunity, and (c) rationalization. ... The main difference between the fraud diamondand fraud triangle theories is that the fraud diamond includes an additional element: capacity.

ekkarill92 answered 4 months ago

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