•  
  •  
 

Abstract

The current study examined the patterns of the similarity of corporate frauds. It used written scenarios of the frauds experienced from workplace. Participants were 10 graduate MBA students in a controllership program of the Presbyterian Mackenzie University, located in São Paulo, Brazil, during the period of December 2013. In our study, they described the recent types of fraud they witnessed. A premise supports the similarity of frauds in regard to misappropriation of asset following the flaws in internal control and the authorising schemes. Our study concludes for the scenarios holding for similarity in misappropriation of assets plus monetary theft and corruption; however, no similarity was narrated in regard to frauds of financial statement.

Keywords

Corporate Frauds, Similarity of Frauds, Misappropriation of Assets, Financial Statements, Brazil

Author Bio(s)

Joshua Onome Imoniana is a professor of Auditing, Department of Accounting & Actuarial Science, Faculty of Economics Administration & Accounting – University of São Paulo. He holds a PhD in Accounting and Controllership at the University of São Paulo. He is a Visiting Professor at the IESEG School of Management Université Catholique de Lille, France and holds a Research Fellowship of the Alma Mater Studiorum Universita di Bologna, Dipartimento di Scienze Aziendali. He is the Chief Editor of International Journal of Auditing Technology. His research interests fall mainly in the fields of auditing, internal control, fraud and information systems. Correspondence regarding this article can be addressed directly to: Joshua Onome Imoniana at, josh.imoniana@usp.br.

Fernando Dal-Ri Murcia is a professor of Accounting, Department of Accounting & Actuarial Science, Faculty of Economics Administration & Accounting – University of São Paulo. He holds a PhD in Accounting and Controllership at the University of São Paulo. He is an IAAER Scholar in the Emerging Economies Program. His research interests fall mainly in the fields of financial reporting, frauds and international accounting. Correspondence regarding this article can also be addressed directly to: Fernando Dal-Ri Murcia at, Murcia@usp.br.

Publication Date

1-25-2016

Creative Commons License

Creative Commons Attribution-Noncommercial 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 4.0 License.

Share

 
COinS
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.