{"id":131,"date":"2014-08-05T12:01:50","date_gmt":"2014-08-05T17:01:50","guid":{"rendered":"https:\/\/www.nicholls.edu\/internal-audit-department\/?page_id=131"},"modified":"2014-08-05T12:01:50","modified_gmt":"2014-08-05T17:01:50","slug":"fight-fraud-waste-and-abuse","status":"publish","type":"page","link":"https:\/\/www.nicholls.edu\/internal-audit-department\/fight-fraud-waste-and-abuse\/","title":{"rendered":"Fraud Awareness"},"content":{"rendered":"

Definition of Fraud:<\/strong><\/p>\n

Fraud encompasses a wide range of irregularities and illegal acts characterized by intentional deception<\/strong> or misrepresentation. The IIA\u2019s International Professional Practices Framework defines\u00a0fraud\u00a0<\/i>as:\u00a0\u201c\u2026 any illegal act characterized by deceit, concealment, or violation of trust. These acts are not dependent upon the threat of violence or physical force. Frauds are perpetrated by parties and organizations to obtain money, property, or services; to avoid payment or loss of services; or to secure personal or business advantage.\u201d<\/i><\/p>\n

\n

Fraud can be defined in a number of ways, including the following:<\/p>\n

Fraud<\/em> is the intentional misrepresentation or concealment<\/strong> of a material fact that results in financial or other damages to another party.<\/p>\n

Fraud<\/em> is the use of deception, false suggestions, suppression of the truth, or other unfair means<\/strong>, which is believed and relied upon to deprive another of property or money, resulting in a loss to the party that believed and relied upon such.<\/p>\n

Fraud<\/em> is the intentional deception<\/strong> perpetrated by individuals or organizations, either internal or external to the organization, which could benefit themselves, others, or the organization or which could cause detriment to others or the organization, including falsifying financial or other records to cover up the theft of money or other assets.<\/p>\n

    \n
  • <\/li>\n<\/ul>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

    Definition of Fraud: Fraud encompasses a wide range of irregularities and illegal acts characterized by intentional deception or misrepresentation. The IIA\u2019s International Professional Practices Framework defines\u00a0fraud\u00a0as:\u00a0\u201c\u2026 any illegal act characterized by deceit, concealment, or violation of trust. These acts are not dependent upon the threat of violence or physical force. Frauds are perpetrated by parties […]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-131","page","type-page","status-publish","hentry"],"yoast_head":"\nFraud Awareness - Internal Audit Department<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nicholls.edu\/internal-audit-department\/fight-fraud-waste-and-abuse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fraud Awareness - Internal Audit Department\" \/>\n<meta property=\"og:description\" content=\"Definition of Fraud: Fraud encompasses a wide range of irregularities and illegal acts characterized by intentional deception or misrepresentation. 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