In regard to the An Audit Quality Inspection Scandal: Ethical Lapses in a Misguided Attempt to Alleviate Regulatory Scrutiny case study. Cressey's (1953) fraud triangle theory suggests three conditions that are present when an individual or group of individuals engage in fraudulent activities. These three conditions are: pressures, opportunities, and rationalization.

Consider each of the aspects of the fraud triangle in answering the following questions:

1) Provide examples of specific pressures that likely contributed to the various characters' behavior described in the case. 

2) What opportunities to commit this type of fraud were apparent in the case? 

3) How might each party have rationalized or justified his or her actions? 

Answer rating: 100% (QA)

1 Specific pressures that likely contributed to the various characters behavior described in the case include Pressure to meet audit quality standards ... View the full answer