1. Financial Accounting- BUS 020 - Spring 2015 Session 11 Fraud, I/C and Cash

2. Fraud Triangle n Donald R. Cressey n Pressure n Opportunity n Rationalization Financial Accounting- BUS 020 - Spring 2015

3. COSO I/C Cube n Environment n Assessment of risk n Mitigating controls n Communication of exceptions n Overall monitoring Financial Accounting- BUS 020 - Spring 2015

4. Institute of Internal Auditors Evidence of Control n S-C-O-R-E n Safeguarding of assets n Compliance with laws and regulations n Organizational achievement of goals and objectives n Reliable reporting n Efficiency and effectiveness of operations Financial Accounting- BUS 020 - Spring 2015

5. Fraud Savvy Model Financial Accounting- BUS 020 - Spring 2015 Awareness Prevention Detection Investigation Prosecution

6. Cash Basics n Currency n Equivalent cash n S/T investments with maturity of 90 days or less n Restricted cash n Treat as current or non-current asset n Overdrafts n Treat as current liability Financial Accounting- BUS 020 - Spring 2015