Fraud Auditing, Detection, and Prevention Blog

Principles or Rules for Fraud Auditing?

Jun 15, 2023 6:39:42 PM / by Leonard W. Vona posted in Fraud Auditing, Payroll Fraud, ...

In accountancy, there are frequent discussions about a principle-based approach to GAAP vs. a rule-based approach. That is an equally valid discussion for fraud auditing. As you read, I hope you will reflect on whether a principle or a rule-based approach would be of more benefit to your organization.

Read More