Tag Archives: Dialogues

The Rationalization of Fraud

With our discussion of Enron this week, I was reminded of an article I read in Audit class about the Psychology of Fraud. I feel as though we often hear stories about different accounting/financial fraud that have happened either in recent or past events and look at the perpetrators as awful, moral-lacking people without considering how one gets to the point of committing fraud.

The article highlights a massive bank fraud by Toby Groves and I felt as though remaking the conversation between Toby and a skeptical interviewer would be able to shed some light on how executives justify committing fraud in their companies.

Continue reading The Rationalization of Fraud

Advertisements