INTERNATIONAL FRAUD

International Fraud

International Fraud

The term accounting and international fraud, indicate the compilation of false corporate reporting no or a true and fair view of the events and indicators of importance that should be expressed in the financial statements of a company. Since the company's balance sheet is a document that specifically prepares you for the shareholders and third parties that information can be found on the basis of which to take decisions (in general business, economic order, however) regarding the company itself, and considered that the budget does not only address equity investor, but also to the working class and society at large, the line drawing is considered compulsory and mandatory in almost all jurisdictions of the World as a guarantee of protection of the faith public that the budget must be allowed.

The compilation incorrect, necessarily implying the falsity of the representation of the business situation, it is therefore generally considered an international fraud and widely treated as a crime in almost all systems. Not infrequently it is a crime specifically related to that type of document, but it is sometimes regarded as a form of false ideology or the international fraud of documents generally understood according to the qualification of " act "that may be attributed to bookkeeping accounting. It is usually provided at least indirectly in the standardization on company law (Martin, 2008) .

Financial Fraud

It is the delusion that a person uses to get an object from source external to the detriment of another. The financial fraud can be done in following ways

Alteration of the information. Regardless of how the vouchers are filled out by hand, typewriter or printer, alter, add or remove information can be easier than it appears.

Duplication of documents. New technologies such as scanners and color copiers allow reproduction crime generate almost identical to any document. Avoid giving facilities to be in a situation like this.

Theft of blank checks. Despite all the measures we take to avoid losing checks, unfortunately come to pass through many hands before being filled and paid. So you're never more to take a precaution to avoid these situations. When you open a checking account or renew your checkbook, check received complete.

Forged signatures on documents. The global financial system is consistent with a handwritten signature for payment documents. Is this a good security measure? Is there another way safely to avoid easy forgery?. Be careful to capture his signature.

Alteration of magnetic character. Today our financial system uses technology to facilitate the process of capturing information from the checks, as is the band of magnetic character. If the same were to be changed or altered, and not talking about the same check, but another entirely.

Electronic transfers. With the new trend of companies to make payments by electronic transfer, it is increasingly common to be carried out internal fraud or theft of information when the data transfer operation. Therefore, careful monitoring is required to avoid the above.

 It has been reported fraud in the payment of taxes, there are elements ...