Motivations for Financial Statement Fraud
To obtain financing, or to obtain more favorable terms on existing financing
To encourage investment through the sale of stock
To demonstrate increased earnings per share or partnership profit interest
To dispel negative market perceptions
Overwhelming desire for personal gain
Unrealistic job-related performance expectation
- 12/31/2002 -
Source: Association of Certified Fraud Examiners. (1999). How to Prevent and Detect Financial Statement Fraud. Austin, TX: Author.
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